SOLIA FAN (PAA+)

SOLIA FAN (PAA+)

University

10 Qs

quiz-placeholder

Similar activities

ITM. Practice 2: Lemonade

ITM. Practice 2: Lemonade

University

10 Qs

Money Market

Money Market

University

10 Qs

Tutorial 5: Compensation & benefit

Tutorial 5: Compensation & benefit

University

10 Qs

FairTrade

FairTrade

University

15 Qs

Controlling - group 4

Controlling - group 4

University

14 Qs

Basic Finance W8 (MIT)

Basic Finance W8 (MIT)

University

10 Qs

Market Organization and Structure

Market Organization and Structure

KG - University

12 Qs

ACC240 Week 6

ACC240 Week 6

University

12 Qs

SOLIA FAN (PAA+)

SOLIA FAN (PAA+)

Assessment

Quiz

Business

University

Medium

Created by

Dianne Javier

Used 3+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What are the core benefits of PRULink Assurance Account Plus?

Death Benefit and Accelerated Life Care Benefit

Death Benefit, Accelerated Total and Permanent Disability, Accidental Death and Disablement and Loyalty Bonus

Death Benefit, Personal Accident and Waiver of Premium on Total and Permanent Disability

Death Benefit, Accelerated Total and Permanent Disability, Accidental Death and Disablement and Accelerated Life Care Benefit

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The PRULink Assurance Account Plus is a unit-linked life insurance product which living, disability and death benefits. What is the payment term for PAA+?

Up to age 100

Up to age 85

Up to age 79

Up to age 90

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the issue age for PRULink Assurance Account Plus?

0 (30 days) to 60 years old

0 (7 days) to 70 years old

0 (7 days) to 79 years old

None of these

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

TRUE or FALSE: The PRULink Assurance Account Plus is available in peso denomination only.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The computation of death benefit for PRULink Assurance Account Plus is

= (Sum Assured + Fund Value + 125% of all Top-ups) - 125% of all withdrawals on the Top-up units

= (Sum Assured + Fund Value + 100% of all Top-up units) - 100% of all withdrawals on the Top-up units

= Sum Assured + Fund Value

None of these

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The computation of maturity benefit for PRULink Assurance Account Plus is

= (Sum Assured + Fund Value + 125% of all Top-ups) - 125% of all withdrawals on the Top-up units

= (Sum Assured + Fund Value + 100% of all Top-up units) - 100% of all withdrawals on the Top-up units

= Sum Assured + Fund Value

None of these

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

How many percent is the loyalty bonus in Philippine Peso denomination?

5% of the annual premium to be paid during the 11th to the 20th policy year for as long as the premiums are paid.

10% of the annual premium to be paid during the 11th to the 20th policy year as long as premiums are paid.

15% of the annual premium to be paid during the 11th to the 20th policy year for as long as the premiums are paid.

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?