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WorksheetsVULYMPICS_BQC
Total questions: 20
Worksheet time: 12mins
How long is the license validity period?
2 years
3 years
4 years
6 years
What digital tool was developed to serve as a productivity tool throughout your journey as an agent?
PRISM
PRUONE
IMLINKED
PRUEXPERT
Agents with existing lapsed policies still valid for reinstatement are not allowed to sell a new life insurance policy to their immediate relatives (parents, siblings, spouse or children).
TRUE
FALSE
Non-PRUone or Non-Pulse NFTF (e.g. zoom, teams, skype, etc.) recording of the audio or video call will no longer be required. However,
The client consent is no longer required in case the Agent opted to record the NFTF sales process.
The client consent is still required in case the Agent opted to record the NFTF sales process.
The Agent consent is still required in case the client opted to record the NFTF sales process.
IN PROMOTING PLUK’S PRODUCTS, AGENTS ARE PROHIBITED FROM:
Creating advertisements, benefit illustrations, quotation proposals, or any promotional or marketing material with the PLUK logo or any of its variants without the approval of Pru Life UK.
Modifying previously approved materials and using the modified version without the approval of Pru Life UK.
Copying bits and pieces from previously approved materials and consolidating the same to an entirely new presentation for the client without the approval of Pru Life UK.
What form allows the agent to conduct Financial Needs Analysis in order to make appropriate and suitable advice to a prospect/client.
Suitability Assessment Form
Attestation Form
Application Form
Quotation Proposal
Factors determining PERSISTENCY RATE:
Issuances
Endorsements
Reinstatements
Lapses
Remote selling or NFTF selling shall only be allowed within the Philippine territory. Selling outside of the Philippine territory is strictly prohibited. Both the agent and the policy-owner/life insured (client) should be within the Philippines at the time of the sale.
TRUE
FALSE
How long is the Minimum Product Disclosure Waiting Period for Critical Illness Riders (CCB, LCB, MLCP, and LCAP)?
30 days from the policy effectivity date or last reinstatement date
90 days from the policy effectivity date or last reinstatement date
60 days from the policy effectivity date or last reinstatement date
On the day of the policy effectivity date or last reinstatement date
How long is the Minimum Product Disclosure Waiting Period for Daily Hospital Income Benefit?
90 days from the policy effectivity date or last reinstatement date
60 days from the policy effectivity date or last reinstatement date
30 days from the policy effectivity date or last reinstatement date
On the day of the policy effectivity date or last reinstatement date
What is a unit-linked life insurance product that maximizes the value of investment through a significantly lower initial charge of 0.5% and a superior selection of investment funds – all while having peace of mind through the insurance?
PRULink Investor Account Plus (PIA Plus)
PRUMillionaire (PRUM)
What is the accepted issue age for PRULink Exact Protector Series (PEP), PRULink Assurance Account Plus (PAA) & PRULink Elite Protector Series (ELITE)?
0-60
0-70
18-60
18-65
A person named to receive the proceeds of an insurance contract
(a)
Who isn't allowed to be an eligible beneficiary?
Legal Spouse
Grandparents
Cousins
Children
What type of rider pays additional 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.
Accidental Death & Disablement Rider
Accelerated TPD benefit
Personal Accident (PA) Rider
Additional Term Rider
An attachable benefit that covers the untimely demise of the payor. This rider pays cash benefit to the payor's stated beneficiary/ies that may or may not be the same as the Insured's.
Accidental Death & Disablement Rider
Future Safe Rider
Payor Term Rider
Additional Term Rider
What are the Non-Accelerated Critical Illness Riders
Life Care Plus
Life Care Benefit
Life Care Advance Plus
Multiple Life Care Plus
What are the Accelerated Critical Illness Riders:
Life Care Benefit
Life Care Plus
Crisis Cover Benefit
Multiple Life Care Plus
Is there a waiting period for Hospital Income Benefit?
YES
NO
Give at least one of our branch's core values except Humility :)
(a)
