MONEY MONEY
PRUducts!
BACK to BASICS!
Down to the Core
Elite!
100

TRUE OR FALSE

TOP UPS are not scheduled and not required

TRUE

100

PAA plus is payable until what age?

Age 100

100

What Insurance license do you need to Sell InsuraVest Products

Variable License

100

YES OR NO

If the insured/policyholder fails to pay the premium on the 5th year of the policy, will he still get the loyalty bonus?

NO

100

Until when is the coverage period for elite?

Age 100

200

how much is the fund allocation for PAA plus on the first year?

0% on the first year

200

(TRUE OR FALSE) The loyalty bonus in Paa plus gives 15% of the regular premium in Philippine Peso starting on the eleven (11) through year twenty (20) if regular premiums are paid for the first ten (10) years, and are continuously paid thereafter as they fall due.

FALSE

200

What are the 4 Variants of Elite Series?

5,7,10 & 15 Pay variants

200

TRUE OR FALSE

The Accelerated Total and Permanent Disability (ATPD) is a core benefit which does not affect the SA when claimed.

FALSE

200

The MINIMUM Annual premium for an Elite 15 policy is…

  • 200,000
  • 150,000
  • 110,000
  • 75,000

PhP75,000

300

How much is the minimum top-up premium in peso denominated PRUlink Assurance Account Plus?

  • PhP 50,000
  • PhP 20,000
  • PhP 30,000
  • PhP 10,000

Php 20,000

300

Which ELITE variant has loyalty bonus?

  • Elite 5
  • Elite 7
  • Elite 10
  • Elite 15

ELITE 15

300

YES OR NO

CAN THE POLICY OWNER BE THE SAME PERSON AS THE BENEFICIARY IN A POLICY?

YES

300

The Following are Core Benefits of PAA and ELITE except?

  • Death Benefit 
  • Accelerated Accidental Death and Disablement (ADD)
  • Loyalty Bonus
  • Accelerated Accidental Death and Disablement (ADD)
300

In Elite 15, 100% full allocation of fund starts on the…

a. 6th year of the policy and onwards

b. 5th year of the policy and onwards

c. 7th year of the policy and onwards

d. 4th year of the policy and onwards

b. 5th year of the policy and onwards

400

How much is the commision rate for PAA Plus if the Premium is above PhP25,000?

45%

400

Which between PAA Plus and Elite Series has Premium Holiday Charge

Elite Series

400

There are how many core benefits for PAA and Elite Series?

4

400

COMPLETE THE FORMULA

SA + FV + 125% (Top-Up) – 125% withdrawals (Top-up) – less ___________

 policy debts

400

True or False: Child’s Lien is not applicable for Elite Products.

False

500

How much is the minimum premium for ELITE 10

PhP110,000

500

TRUE OR FALSE

In ELITE, insurance charges are continuously deducted even after the premium paying period

TRUE

500

Among PAA Plus and Elite Series is a Regular Pay Product?

PAA Plus

500

COMPLETE THE SENTENCE

The client may revive the Loyalty Bonus benefit if the top-up amount is ________ than the cumulative partial withdrawal.

"equal to or greater"

500

Year 1 Fund allocation for Elite 5 is…

  • 40%
  • 50%
  • 60%
  • 70%

70%