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AIF Pru Product Mastery

Total questions: 22

Worksheet time: 9mins

Name
Class
Date
1.

What is the issue age of the PAA Plus?

a)

0 (7 days) to 70 years old

b)

0 (30 days) to 60 years old

c)

0 (7 days) to 85 years old

d)

18-70 years old

2.

How much is the withdrawal charge of PAA Plus upon Year 2?

a)

10%

b)

5%

c)

0%

d)

20%

3.

How much is the withdrawal charge of Elite 15 on Year 1?

a)

15%

b)

25%

c)

35%

d)

45%

4.

How much is the minimum premium of Elite 5, 7, 10, and 15?

a)

Elite 5: P400,000
Elite 7: P300,000
Elite 10: P200,000
Elite 15: P100,000

b)

Elite 5: P320,000
Elite 7: P240,000
Elite 10: P160,000
Elite 15: P80,000

c)

Elite 5: P200,000
Elite 7: P150,000
Elite 10: P100,000
Elite 15: P75,000

d)

Elite 5: P200,000
Elite 7: P150,000
Elite 10: P110,000
Elite 15: P85,000

5.

What are the core benefits of PAA+ and Elite Protector?

a)
  1. 1. Death benefit
    2. Accelerated Total & Permanent Disability (TPD)
    3. Accidental Death and Disablement (ADD)
    4. Life Care Benefit (LCB)
    5. Daily Hospital Income (DHI)

b)
  1. 1. Death benefit
    2. Accelerated Total & Permanent Disability (TPD)
    3. Accidental Death and Disablement (ADD)

c)
  1. 1. Death benefit
    2. Accelerated Total & Permanent Disability (TPD)
    3. Accidental Death and Disablement (ADD)
    4. Loyalty Bonus

d)
  1. 1. Death benefit
    2. Accelerated Total & Permanent Disability (TPD)
    3. Accidental Death and Disablement (ADD)
    4. Fund Value

6.

What is the benefit term period of PruHealth Prime?

a)

Up to Age 100

b)

Up to 20 years from effectivity date

c)

Up to age 60

d)

Up to age 85

7.

What are the optional riders that you can attach in PruHealth Prime? Choose all that applies.

a)

Select 52 Critical Illness Rider

b)

Accidental Death and Disablement Benefit (ADD)

c)

Select Top 4 Critical Illness Rider

d)

Non-accelerated Total and Permanent Disability Rider

8.

Our newest product, PruMillion Flex, has a _____-pay plan with a minimum annual premium of ____/year.

a)

Single-pay with a minimum annual premium of P500,000/year.

b)

2-pay with a minimum annual premium of P250,000/year.

c)

2-pay with a minimum annual premium of P500,000/year.

d)

3-pay with a minimum annual premium of P250,000/year.

9.

Your client purchased a PruMillion Flex policy with an annual premium of P1,000,000.

How much is the sum assured?

a)

P1,250,000

b)

P2,000,000

c)

P5,000,000

d)

Depends on the age of the insured.

10.

All are considered variable unit-linked plans, except:

a)

PruMillionaire

b)

Prulink Assurance Account Plus

c)

PruMillion Flex

d)

PruLove Wealth

11.

If you need money, can you withdraw funds from our traditional plans (PruLove for Life, PruLifetime Income, and PruLove Wealth)?

a)

Yes, you can withdraw the available fund value.

b)

No, but you can get a policy loan.

c)

No, but you can terminate the policy and get the surrender value.

d)

No, but you can get a policy loan or terminate the policy and get the surrender value.

12.

One of our traditional plans, PruLove for Life, is payable for:

a)

5, 7, 10, 15 years

b)

5, 10, 15, 20 years

c)

5, 7, 10, 15 years

d)

5, 10, 15, and up to age 100

13.

You bought a PruLove Wealth policy worth P500K. What will happen if you outlive your PruLove Wealth policy after 7 years?

a)

P500,000 will be returned to you.

b)

The P500,000 plus accumulated dividends will be returned to you.

c)

You have the option to renew the policy for another 7 years.

d)

Nothing. Congrats, buhay ka pa!

14.

How much is the annual payout of PruLove Wealth for 7 years if you put in P1,500,000?

a)

P15,000 per annum

b)

P60,000 per annum

c)

P75,000 per annum

d)

P150,000 per annum

15.

Your client purchased a PruLifetime Income with a P500,000 sum assured for her daughter. How much is the annual payout of PruLifetime Income and how much is the death benefit?

a)

Annual payout: P5,000
Death benefit: P500,000

b)

Annual payout: P20,000
Death benefit: P625,000

c)

Annual payout: P25,000
Death benefit: P1M

d)

Annual payout: P50,000
Death benefit: P5M

16.

When does the guaranteed annual payout start for PruLifetime Income?

a)

Upon Policy Year 1

b)

At the end of Policy Year 6

c)

At the end of Year 10

d)

After the payment period (5 or 10 years)

17.

What are the issue ages of our Critical Illness Riders

(Life Care Benefit, Life Care Plus, Multiple Life Care Plus, and Life Care Advance Plus)?

a)

18 to 70

b)

18 to 60

c)

0 to 60

d)

0 to 70

18.

This critical illness rider pays out 100% of the benefit amount of the rider less any early CI claims made, if any, upon diagnosis of or upon surgery due to any of the 36 critical illnesses.

a)

Life Care Benefit (LCB)

b)

Life Care Plus (LCP)

c)

Life Care Advance Plus (LCAP)

d)

Multiple Life Care Plus (MLCP)

19.

Is there a waiting period for claiming the Hospital Income Benefit?

a)

No, there is no waiting period.

b)

Yes, 30 days from the policy's effectivity date.

c)

Yes, 90 days from the policy's effectivity date.

d)

Yes, after the policy anniversary.

20.

If you have 3 coded recruits this month, how much will you get from the Recruitment Machine Bonus per recruit?

a)

P300 per recruit

b)

P500 per recruit

c)

P1,000 per recruit

21.

How many cases do you need to qualify for the minimum 4% bonus of the Agent Volume Bonus?

a)

At least 1 case worth P36,000 APE

b)

At least 3 cases worth P36,000 APE

c)

At least 1 case worth P40,000 APE

d)

At least 1 case with P2.2M Sum Assured

22.

How much APE do you need to qualify for the Pru Final Sprint in Hong Kong?

a)

P250,000 per month from October to December

b)

P500,000 from October to December

c)

P1,000,000 from October to December

d)

P1,500,000 from October to December