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WorksheetsSun Grepa Wealth Prime
Total questions: 11
Worksheet time: 6mins
Natalie availed of a Sun Grepa Wealth Prime 7 policy under GIO and paid PHP 1,000,000 in single premium. After 6 months, she died due to a heart attack. How much is the death benefit that will be given to Natalie's beneficiaries?
2,000,000
1,100,000
1,000,000
1,040,000
James bought a Sun Grepa Wealth Prime 7 policy and paid PHP 500,000 single premium. After 3 years, James died because of a vehicular accident.
How much is the total benefits received by James and his family from his
Sun Grepa Wealth Prime 7 policy?
550,000
500,000
60,000
610,000
Can a client apply for a Sun Grepa Wealth Prime 7 policy under Regular Underwriting?
YES
NO
Daniel bought a Sun Grepa Wealth Prime 7 policy via Regular Underwriting and paid PHP 1,000,000. After 6 months, he died due to aneurysm. How much is the death benefit that will be given to Daniel's beneficiaries?
1,100,000
1,160,000
1,000,000
None of the above
A client can make partial withdrawals from his or her
Sun Grepa Wealth Prime policy.
YES
NO
What are the key benefits of Sun Grepa Wealth Prime? Check all that apply.
Capital Protection
Upside Potential
Guaranteed Annual Payouts
Life Insurance Protection
After the insured's death, the remaining annual payouts will be given to the beneficiaries.
TRUE
FALSE
Sun Grepa Wealth Prime provide dividends.
TRUE
FALSE
What is the surrender benefit of Sun Grepa Wealth Prime?
Return of Single Premium
Fund Value
Guaranteed Cash Value
110% of the Single Premium
TRUE or FALSE: Sun Grepa Wealth Prime has a cooling off period
TRUE
FALSE
Sandy bought a Sun Grepa Wealth Prime Policy. One month after, she needed funds for her house renovation and wants to surrender her policy.
How much will she get as surrender benefit?
The Cash Value on Year 1
Zero
The Full Single Premium
Single Premium less charges
