ICE BREAKER 2

Client A who is currently 25 years old got a PAA Plus policy with a sum assured of 2M. Since PAA Plus is a regular pay product, what does that mean?

• Insured is covered until age 100, payor pays once

• Insured is covered until age 100, payor pays premiums until age 100

• Insured is covered until age 100, payor pays for a limited time only

• Insured is covered for a limited time only, payor pays for a limited time only

Client A who is currently 25 years old got a PAA Plus policy with a sum assured of 2M. What are the different modes of payment available for this client?

• Monthly, quarterly, semi-annual, annual

• Weekly, monthly, quarterly, annual

• Daily, weekly, monthly, quarterly

• Weekly, bi-monthly, monthly, quarterly

Client A who is currently 25 years old got a PAA Plus policy with a sum assured of 2M. What are the conditions to be met in the first 10 years so that this client can enjoy loyalty bonus?

• No decreases in benefits

• No delay in premium payments

• No withdrawals

• All of the above

Client B got a Elite for his newborn child and attached a Payor Waiver rider. If the insured passes away at age 3, what is the percentage of sum assured that will be paid?

• Beneficiaries will receive 80% of the sum assured

• Beneficiaries will receive 40% of the sum assured

• Beneficiaries will receive 100% of the sum assured

• Beneficiaries will receive 60% of the sum assured

Client C got an Elite 15 with a sum assured of 2M and also attached 1M worth of Life Care Benefit (LCB) and Waiver of Premium due to Total and Permanent Disability (WPTPD). Since Elite 15 is a limited pay product, what does that mean?

• Insured is covered until age 100, payor pays for a limited time only

• Insured is covered until age 100, payor pays once

• Insured is covered until age 100, payor pays premiums until age 100

• Insured is covered for a limited time only, payor pays for a limited time only

Client C got an Elite 15 with a sum assured of 2M and also attached 1M worth of Life Care Benefit (LCB) and Waiver of Premium due to Total and Permanent Disability (WPTPD). If your client paid his premiums from year 1 to year 10, can this client enjoy loyalty bonus?

• Yes

• No

• Maybe

• I don't know

Client C got an Elite 15 with a sum assured of 2M and also attached 1M worth of Life Care Benefit (LCB) and Waiver of Premium due to Total and Permanent Disability (WPTPD). If the client has a sum assured of 1M and has an accelerated Life Care Benefit (LCB) of 50%, what will happen to the policy if he claims for LCB?

• Policy will be terminated

• The remaining SA will become 500K

• The client needs to purchase a new policy

• The SA will be unaffected

Client C got an Elite 15 with a sum assured of 2M and also attached 1M worth of Life Care Benefit (LCB) and Waiver of Premium due to Total and Permanent Disability (WPTPD). If this client becomes disabled while he is employed, how will we know if he is totally and permanently disabled?

• Unable to engage in any occupation the following day

• Unable to engage in any of these

• Unable to engage in any occupation for 6 consecutive months

• Unable to engage in any occupation for 3 consecutive months

Client C got an Elite 15 with a sum assured of 2M and also attached 1M worth of Life Care Benefit (LCB) and Waiver of Premium due to Total and Permanent Disability (WPTPD). What will happen to the future premiums of Accelerated Total and Permanent Disability (ATPD)?

• Delayed

• Waived

• Continued

• Halved

Premium Holiday is is the non-payment of premiums within the grace period of thirty-one (31) days from due date. In such a case, a Premium Holiday Charge shall be deducted from the client’s account. Choose the product that is subject to a premium holiday charge upon non-payment of premiums.

• Elite Series

• Paa Plus

• Pru Millionaire

• Pru Max Invest