Manifest and Set For Health Quiz

Which of the following is NOT a unique benefit of FWD Manifest?

• Guaranteed Milestone Increase

• Loyalty Bonus

• Investment Protector Bonus

• Premium Extension Bonus

How much is the premium charge on the first year of Manifest 5-Pay

• 70%

• 30%

• 90%

• 10%

How is Investor Protector Bonus computed?

• 50% of the separately invested bonus at the end of the 5th and 10th year

• 100% of the Loyalty Bonus in case the PSEI on the last business day of the year before the payout is higher than the PSEI on the first business day 5 years before the payout

• 100% of the Loyalty Bonus in case the PSEI on the last business day of the year before the payout is lower than the PSEI on the first business day 5 years before the payout

• 2% of the Annual Premium

What is the minimum annual base premium for Manifest 10-pay?

• 120,000

• 100,000

• 75,000

• 70,000

Compute for the NEW sum assured after the guaranteed milestone increase:
SA: 3M, Milestone: University Grad of the Insured, GMI Applied within 90 days.

• 600,000

• 300,000

• 3,600,000

• 3,000,000

Minor critical illness benefit in Set For Health is an additional one-time benefit of __ of Sum Assured or Php 500k (whichever is lower) when diagnosed with any of the 15 minor CI.

• 25%

• 10%

• 20% 

• 15%

This benefit is 100% return of total premiums paid given if there were no claims made against MAJOR CI upon reaching age 75.

• Guaranteed Milestone Benefit

• Healthy Life Benefit 

• Death Benefit

• Waiver of premium Benefit

Which of the following non-forfeiture options shall apply by default if the policy owner decide to discontinue paying premiums and did not nominate any NFO?

• Automatic Premium Loan (APL)

• Reduced Paid-Up Insurance (RPU) 

• Policy Surrender

• All of the Above

True or False: Diagnosis of subsequent critical illness should be at least five (5) years from the date of diagnosis of the

preceding critical illness.

• True

• False

True or False: Healthy Life Benefit is still payable at age 75 even if the insured had a Minor CI benefit claim.

• True

• False