Who are the primary and secondary target market of Sun Grepa Legacy?
Choose all that apply
Sun Grepa Legacy Learning Check
Quiz
•
Professional Development
•
Professional Development
•
Medium
Marie Estimada
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Who are the primary and secondary target market of Sun Grepa Legacy?
Choose all that apply
High Net Worth (HNW) Clients
Affluent Clients
Professionals
OFWs
Answer explanation
The primary target market are the HNWs and Affluent Clients while the secondary target market are the Professionals.
2.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
What are the key benefits of Sun Grepa Legacy?
Choose all that apply
Lifetime Cash Benefits (Anticipated Endowments)
Non-Guaranteed Dividends
Special Paid-Up Bonus
Guaranteed Cash Value
3.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
The allowed payment mode/s for Sun Grepa Legacy is/are:
(Choose all that apply)
Monthly
Quarterly
Semi-Annual
Annual
4.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Sun Grepa Legacy is payable in how many years?
Choose all that apply
One-Time
2 years
3 years
5 years
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
True or False: Sun Grepa Legacy has a cooling-off period
TRUE
FALSE
Answer explanation
Sun Grepa Legacy is a traditional life insurance policy which does not have a cooling-off period
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How much is the life insurance coverage of Sun Grepa Legacy?
125% of the total paid premiums
125% of the Face Amount
200% of the Face Amount
200% of the Annual Premium
Answer explanation
The death benefit is computed based on the paid premiums of Sun Grepa Legacy.
Example: For a 5-Pay Sun Grepa Legacy with an annual premium of PHP 1,000,000:
1st Year DB: PHP 1,000,000
2nd Year DB: PHP 2,000,000
3rd Year DB: PHP 3,000,000
4th Year DB: PHP 4,000,000
5th Year onwards: PHP 5,000,000
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When does the annual cash benefit (anticipated endowment) of
Sun Grepa Legacy start?
On the second policy anniversary
On the 6th policy anniversary
On the 5th policy anniversary
On the next policy anniversary after full payment
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