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WorksheetsAugust_Unit Meeting
Total questions: 20
Worksheet time: 7mins
1. How long is the waiting period for Daily Hospital Income to claim?
A. (30) days from effectivity
B. (60) days from effectivity
2. How long after the accident can a claim be valid for filing?
A. 60 days max
B. 180 days max
3. Are outpatient surgical expenses reimbursable?
A. Yes
B. No
4. What is the meaning of ATPD?
A. Accelerated Total Permanent Disability
B. Accidental Total Permanent Disability
5. It is a benefit that relieves the Insured/ payor from premium payment caused by the condition stated in the covered benefit of the Policy.
A. Premium Waiver
B. Accelerated Life Care Benefit
6. What is the issue age of Waiver of Premium on Total and Permanent Disability?
A. 0-60 years old
B. 18-59 years old
7. It is a rider that can be attached to juvenile policies only.
A. Power Waiver
B . Payor Waiver
8. It is a rider that waives all future premiums if the Insured is diagnosed to be suffering from a critical illness, or has undergone surgery, in the case of critical illnesses requiring surgery.
A. Life Care Waiver
B. Accelerated Total Permanent Disability
9. What is the meaning of ADD?
A. Accidental Death and Disablement
B. Accelerated Death and Disablement
10. If the client loses both feet, how much percentage will he or she receive from the Accidental Death and Disablement (ADD) benefit?
A. 50%
B. 100%
11. If the client loses one of his or her thumbs, how much percentage will he or she receive from the Accidental Death and Disablement (ADD) benefit?
A. 25%
B. 10%
12. A special feature of PA Junior that pays additional benefit for death caused by accidents while in a school-sponsored trip.
A. Field Trip Coverage
B. Dangerous Sports Coverage
13. What is a Payor Term Rider?
A. Waives premium of the PLO upon critical illness
B. An attachable benefit that covers the untimely demise of the Payor.
14. MLCP means?
A. Multiple Life Care Plus
B. Multiple Life Cash Plus
15. Life Care Benefit (LCB) covers ______ critical illnesses that accelerates the basic Sum Assured of a Policy.
A. 46
B. 36
16. If the policy's accelerated critical illness benefit is 100% of the Sum Assured, will the policy remain in force given that there is still available fund value?
A. Yes
B. No
17. Daily Hospital Income (DHI) pays daily cash benefit for each day of hospital confinement due to an accident or illness up to _____days.
A. 360
B. 365
18. The Crisis Cover Benefit rider cannot be attached or combined with the Life Care Benefit rider in a single policy.
A. True
B. False
19. The disability is considered total and permanent when the Life Insured is permanently unable to undertake without assistance ____________ or more Activities of Daily Living.
A. 3
B. 6
20. P.A. rider means?
A. Personal Assistant
B. Personal Accident
