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Team Chux Product & Sales Kit Refresher

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

PAA Plus or Prulink Assurance account plus is a regular - pay Variable life insurance product and is payable up to age ____?

a)

100

b)

65

c)

75

d)

80

2.

Issue age of PAA Plus is age 0 - ___?

a)

65

b)

60

c)

70

d)

75

3.

__________ is the amount of Life insurance cover.

a)

Fund Value

b)

Life care benefit

c)

Daily Hospital Income

d)

Sum Assured

4.

_______________ is the accumulated cash overtime by investing in your Chosen Investment fund.

a)

Life care benefit

b)

Sum Assured

c)

Fund Value

d)

Daily Hospital Income

5.

Premium fund allocation design for PAA Plus?

a)

1st yr - 0% / 2nd yr - 50% / 3rd yr - 50% / 4th yr - 100% / 5th yr - 100%

b)

1st year 100%

c)

1st yr - 50% / 2nd yr - 50% / 3rd yr - 75% / 4th yr - 100% / 5th yr - 100%

d)

1st yr - 75% / 2nd yr - 75% / 3rd yr - 75% / 4th yr - 100% / 5th yr - 100%

6.

_________ advances a portion of the Sum Assured (SA) up to maximum of 100% if the insured becomes totally and permanently disabled.

a)

Accelerated Total and Permanent Disability benefit

b)

Life Care benefit

c)

Sum Assured

d)

Daily Hospital Income

7.

Prulink Elite protector 5 fund allocation

a)

1st yr - 0% / 2nd yr - 50% / 3rd yr - 50% / 4th yr - 100% / 5th yr - 100%

b)

1st yr - 70% / 2nd yr - 85% / 3rd yr - 95% / 4th yr - 95% / 5th yr - 100%

c)

1st yr - 50% / 2nd yr - 50% / 3rd yr - 50% / 4th yr - 100% / 5th yr - 100%

d)

1st yr - 50% / 2nd yr - 75% / 3rd yr - 75% / 4th yr - 100% / 5th yr - 100%

8.

____________ is a limited pay unit linked life insurance that combines life insurance protection with a greater potential for wealth accumulation. It has a short paying period which promotes more efficient planning,

a)

Prulink Elite Protector Series

b)

Prulink Assurance Account Plus

c)

PruMAx Invest

d)

Personal Accident

9.

A single premium life insurance product.

Minimum premium of Php 1M or USD 20,000.

Focuses to medium to long term goals. Minimum Death benefit of 125% of the amount paid or the Fund Value whichever is higher.

a)

PruMil

b)

PAA

c)

Elite

d)

None of the above.

10.

Additional single premiums to purchase more units that go to your Fund Value.

a)

Fund Value

b)

Top Ups

c)

Riders

d)

DHI

11.

High Risk Provinces in the Philippines based on Sales Kit except.

a)

Basilan

b)

Maguindanao

c)

Tawi Tawi

d)

Zamboanga

12.

Allowable beneficiaries except:

a)

Spouse (Legally married)

b)

Children

c)

Parents

d)

BFF

13.

FME stand for:

a)

Financial Medical Expense

b)

Full Medical Examination

c)

Free Medical Examination

d)

Forgotten Medical Examination

14.

Elite 15 premium allocation:

a)

1st yr - 0% / 2nd yr - 50% / 3rd yr - 50% / 4th yr - 100% / 5th yr - 100%

b)

1st yr - 40% / 2nd yr - 60% / 3rd yr - 85% / 4th yr - 95% / 5th yr - 100%

c)

1st yr - 0% / 2nd yr - 50% / 3rd yr - 75% / 4th yr - 100% / 5th yr - 100%

d)

1st yr - 0% / 2nd yr - 50% / 3rd yr - 75% / 4th yr - 85% / 5th yr - 100%

15.

Issue age on Waiver of Premium on Total and Permanent disability:

a)

16 -65

b)

20 - 65

c)

18 - 59

d)

21 -65

16.

Advances a portion of the Sum Assured up to a maximum of 100%, or up to 5M per life, whichever is lower, if the Life Insured is diagnosed to be suffering from any of the 36 critical illnesses or has undergone surgery, in the case of critical illnesses requiring surgery.

a)

Daily Hospitalization Income

b)

Life Care Benefit (LCB)

c)

Accelerated Total and Permanent Disability

d)

Payor Waiver of Regular Premium

17.

____________ are supplementary contracts attached to a Policy and provide additional benefits.

a)

Life Care benefit

b)

Sum Assured

c)

Riders

d)

Fund Value

18.

The following are example of Hospital income riders:

a)

Long Term Hospitalization

b)

Daily Hospital Income

c)

Intensive Care Unit

d)

Surgical Expense benefit

e)

All of the above

19.

A rider that pays lump sum cash benefit, separate

from the Basic Sum Assured, in case of accidental

death, accidental disablement or accidental

dismemberment following the Table of Losses and

Liabilities.

a)

DHI

b)

Life Care benefit

c)

Accidental Death and

Disablement/Dismemberment Rider

d)

None of the above

20.

The following are Pru Life UK's product solutions

a)

Protection

b)

Education

c)

Retirement

d)

Medium to ling term savings

e)

all of the above