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PWS GCQ Night Episode 2

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

AIA All-in-one is what type of insurance plan?

a)

Term

b)

Participating, Whole-Life

c)

Non-Participating, Whole-Life

d)

Endowment

2.

These illnesses are covered by AIA All-in-One except:

a)

Alzheimer's Disease

b)

Cancer

c)

Terminal Illness

d)

Liver Cirrhosis

3.

Juan bought an AIO packaged plan with 1 Million Face Amount. How much will his family get if he passed away due to an accident riding a tricycle?

a)

Php 1 Million

b)

Php 2 Million

c)

Php 3 Million

d)

Php 4 Million

4.

Juan bought a packaged AIO plan. If he gets totally and permanently disabled due to an accident, what features of his plan will remain after TPD claim?

a)

Life Insurance

b)

Critical Illness

c)

Personal Accident

d)

Cash Value

5.

Juan bought an AIO plan and has been an active vitality member. On his policy year 2, he achieved a Gold Status. How much total additional coverage will apply on his 3rd policy year?

a)

5%

b)

10%

c)

25%

d)

30%

6.

What are the issue ages of a 20-Pay AIO Plan?

a)

0 - 50

b)

18 - 55

c)

18 - 40

d)

18 - 60

7.

What is the minimum Face Amount needed in order to unbundle or make 10 CI coverage optional for AIA All-in-One 5-Pay variant?

a)

Php 3 Million

b)

Php 5 Million

c)

Php 10 Million

d)

Not Applicable

8.

Juan bought a packaged AIO plan with 1 Million FA. Due to an earthquake, he lost his right hand. How much total claim will he get?

a)

Php 500,000

b)

Php 1 Million

c)

Php 1.5 Million

d)

Php 2 Million

9.

Juan bought a packaged AIO plan with 1 Million FA. On his 3rd policy year, he was diagnosed with a Terminal Illness and just after 10 days, he passed away. How much total coverage will his family get?

a)

Php 1 Million

b)

Php 2 Million

c)

Php 3 Million

d)

Total Premiums Paid

10.

The Enhanced Waiver of Premium covers the insured until what age?

a)

60

b)

65

c)

72

d)

75

11.

These are the payment variants of AIA Future Builder except:

a)

5-Pay

b)

10-Pay

c)

20-Pay

d)

Pay-to-65

12.

These are the riders available to AIA Future Builder, except:

a)

Life Insurance

b)

Total & Permanent Disability

c)

Personal Accident

d)

Critical Illness

e)

Waiver of Premium

13.

How often is AIA Vitality Loyalty Boost given to the client?

a)

Every year

b)

Every 5 years

c)

Every 10 years

d)

10th, 15th, 20th Year

14.

Juan has an AIA Future Builder with 1 Million FA and has been an active vitality member. His vitality status became Gold from Year 1-3 and Platinum from Year 4-5. Because of this, how much cash bonus will he receive on his 5th year?

a)

35% of his Annual Premium

b)

50% of his Annual Premium

c)

70% of his Annual Premium

d)

100% of his Annual Premium

15.

These are the fund options available for AIA Future Builder except:

a)

Philam Life Strategic Growth Fund

b)

Philam Life Equity Capped Index Fund

c)

AIA-Philam Life Conservative Fund

d)

AIA-Philam Life Elite Adventurous Fund

16.

AIA Future Builder's Product Loyalty Boost is given on this schedule:

a)

5th, 10th, 20th Policy Year

b)

10th, 15th, 20th Policy Year

c)

10th, 20th, 30th Policy Year

d)

Every 10 years

17.

For a 5-year AIA Future Builder plan, how much Product Loyalty Bonus is given to the client on the 10th, 15th and 20th year of his plan?

a)

10%, 15%, 75%, respectively

b)

10%, 15%, 100%, respectively

c)

10%, 20%, 100%, respectively

d)

Not Applicable

18.

Juan bought an AIA Future Builder plan for his child. At age 3, his son passed away due to an illness. How much death benefit will the family get?

a)

20% of the Face Amount

b)

60% of the Face Amount

c)

100% of the Face Amount

d)

Total Premiums Paid

19.

These are valid public transportation modes that can give additional coverage under Personal Accident Rider except:

a)

Commercial Bus

b)

Jeepney

c)

Train

d)

Grab

20.

Insured is diagnosed as totally and permanently disabled if s/he cannot perform 3 or more activities of Daily Living which includes:

a)

Transferring

b)

Cooking

c)

Getting Dressed

d)

Eating

e)

Working

21.

You can withdraw the cash bonus given by AIA Vitality Loyalty Boost.

a)

True

b)

False

22.

Juan bought an AFB plan with complete coverage and 1 Million FA. At Age 70, he became totally and permanently disabled due to an accident. How much total coverage will he get from this disability?

a)

Php 1 Million

b)

Php 2 Million

c)

None

23.

What is the Fund Management Charge of AIA-Philam Life Elite Adventurous Fund?

a)

0.5%

b)

1.5%

c)

1.7%

d)

2%

24.

AIA Future Builder has a "No Lapse Guarantee" policy. How many years does it cover the policy not to be lapsed amidst insufficient account value?

a)

2

b)

5

c)

10

d)

While Paying

25.

These are the sub fund managers of AIA's Elite Global Funds except:

a)

BlackRock Financial Management

b)

JP Morgan Chase and Co

c)

Baillie Gifford Overseas Limited

d)

Wellington Management Company LLP