All About PAA

The PRULink Assurance Account Plus (PAA Plus) is a regular-pay (payable up to age 100) unit-linked life insurance product. It provides living, disability and death benefits. It is only available in peso denominations.

• TRUE

• FALSE

What is the issue age of Accelerated Total and Permanent Disability

• 0-60 yrs old

• 0-65 yrs old

• 0-70 yrs old

• 0-73 yrs old

What year does the fund allocation for PAA Plus becomes 100%

• Year 4

• Year 2

• Year 5

• Year 3

How many free switch for fund in PAA Plus

• 1

• 2

• 3

• 4

Extra charges shall be deducted monthly through cancellation of units for substandard cases as long as the policy is in force.

• TRUE

• FALSE

Which of the following is true about Loyalty Bonus for PAA Plus

• Years 10-20: 10% for peso or 5% for dollar

• Years 10-20: 10% for peso or 5% for dollar

• Years 11-20: 10% for dollar or 5% for peso

• Years 11-20: 10% for peso or 5% for dollar

PAA Plus commission on top-up premiums is

• 2.50%

• 2.25%

• 2.20%

• None of the above

Which of the following is true about sum assured multiples?

• The higher the age the higher the minimum and maximum multiples

• The higher the age the lower the minimum and maximum multiples

• The lower the age the higher the minimum and maximum multiples

• The lower the age the lower the minimum and maximum multiples

The client may revive the Loyalty Bonus benefit if the top-up amount is equal to or greater than the cumulative partial withdraw.

• TRUE

• FALSE

Minimum partial withdrawal for PAA Plus is

• PhP 20,000

• PhP 10,000

• PhP 25,000

• PhP 15,000