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PWS GCQ Night Episode 3

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

What are the issue ages of Family Secure?

a)

0-70

b)

18-60

c)

18-65

d)

18-70

2.

[Multiple Answers] In Family Secure, the following are considered key life events for an additional 5% coverage:

a)

Birthday

b)

Birth of a Child

c)

Marriage

d)

Retirement

3.

For the dial down option in Family Secure, if the insured is 55 years old, what age can he perform a dial down?

a)

55

b)

60

c)

66

d)

Not Applicable

4.

In Family Secure, up to how much percent can you request for an increase in coverage starting the 2nd year?

a)

50% of the FA

b)

100% of the FA

c)

150% of the FA

d)

500% of the FA

5.

In Family Secure, after how many years can you request for a decrease of coverage of up to 50%?

a)

Any time

b)

1

c)

2

d)

10

6.

[Family Secure] If a client who has been consistently paying his premiums dies, with an insurance coverage of 2M and account value of 500K, how much will his beneficiaries get?

a)

Php 500,000

b)

Php 2 Million

c)

Php 2.5 Million

d)

Php 2.7 Million

7.

Which is NOT a vitality-linked rider or benefit in a Family Secure plan?

a)

Hospital Confinement Benefit

b)

Coverage Boost

c)

Premium Discount

d)

Bi-Weekly Rewards

8.

In Family Secure, when can you add/delete rider/s?

a)

Any time within the Lifetime of the Policy

b)

2nd year onwards

c)

After the 10th Policy Year

d)

Not Applicable

9.

How many years is Coverage Protector in effect in Family Secure given that there were no payment issues whatsoever?

a)

While Actively Paying

b)

3

c)

10

d)

20

10.

When is the earliest time that you can apply for a premium holiday?

a)

After 5 years

b)

After 10 years

c)

After 20 years

d)

At Age 60

11.

After how many days is Daily Hospital Income Benefit activated?

a)

From Effective Date

b)

From Approval Date

c)

30 days after Effective Date

d)

60 days after Effective Date

12.

Which part of the A&H Rider can you NOT add if you've already attached ALL HCB riders?

a)

Weekly Income

b)

Medical Reimbursement

c)

Total & Permanent Disability

d)

Surgical Allowance Benefit

13.

[Multiple] As of iPos version 9.50, what payment variants are available for Health Invest Plus?

a)

3-Pay

b)

5-Pay

c)

7-Pay

d)

10-Pay

14.

For a Health Invest Plus plan with complete HCB benefits (Plan C), how much is the Outpatient Treatment Benefit?

a)

1,000

b)

1,500

c)

2,000

d)

3,000

15.

For Health Invest Plus, how much percentage of the ESCI is given for Diabetic Complications?

a)

10%

b)

20%

c)

100%

d)

Not covered

16.

Up to how many times can the 25% ESCI benefit be paid out upon early stage condition diagnosis?

a)

Once only

b)

2x

c)

4x with similar condition

d)

4x with different conditions

17.

For a 3-pay Health Invest Plus, how much is the Premium Charge on the 3rd year?

a)

20%

b)

10%

c)

5%

d)

0%

18.

For a 7-Pay Health Invest Plus, how much is the one-time loyalty bonus?

a)

50% of Basic Premium

b)

75% of Basic Premium

c)

100% of Basic Premium

d)

Not Applicable

19.

What are the issue ages of Family Provider?

a)

0-70

b)

18-60

c)

18-65

d)

18-70

20.

What is the maximum Daily Hospital Income Benefit that you can you attach to a 7-Pay Family Provider?

a)

3,000

b)

5,000

c)

10,000

d)

None

21.

[Multiple] What is/are the type/s of Critical Illness benefit can you attach to Family Provider?

a)

Critical Illness

b)

Early Stage Critical Illness

c)

Accelerated Critical Illness

d)

Life Care Plus

22.

In Family Provider, when is the One-Time Loyalty Bonus given to the client given that no withdrawals are made and payments are on time?

a)

On the 10th Year

b)

At the end of 20th Year

c)

On the 15th Year

d)

Not Applicable

23.

When is deletion of rider allowed in Family Provider?

a)

Any time

b)

First year Only

c)

After 10 years

d)

Not Applicable

24.

These are the available fund options for Active Family Provider, except:

a)

PAMI Philam Strategic Growth Fund

b)

Philam Life Equity Capped Index Fund

c)

PAMI Philam Fund

d)

AIA Philam Life Elite Adventurous Fund

25.

How much percentage of the AIA Philam Life Elite Conservative, Balanced and Adventurous funds are in equities?

a)

0, 50, 100

b)

30, 60, 90

c)

10, 75, 90

d)

20, 60, 100