問題一覧
1
Each occupation listed in iPoS has a corresponding occupational rating.
True
2
A contingent beneficiary is also known as a secondary beneficiary.
True
3
Instead of submitting a photocopy of your identification card, you can capture it in Next Gen iPoS when submitting your e-application.
True
4
Which instance/s will the advisor receive SMS advisory while the application is in process?
All of the above.
5
47 No adverse declaration in the application form ₱2 Million ₱3 Million (issued 6 months ago)
NON-MEDICAL
6
This is prepared by a consumer-reporting agency and contains information about a proposed insured's occupation, personal habits, hobbies, driving record, health and finances.
Inspection Report
7
Next Gen iPos is a convenient way of doing business that aims for faster approval of application.
True
8
You can re-apply at a later date if your application is postponed.
True
9
Next Gen iPoS can store client records, generate proposal or complete an e-application but not submit the application electronically.
False
10
66 No adverse declaration in the application form ₱10 Million P8 Million (issued 5 years ago)
MEDICAL
11
64 No adverse declaration in the application form ₱1 Million ₱2 Million (issued 3 months ago)
MEDICAL
12
Which questionnaire is an example of a Non-Medical Questionnaire?
Diving Questionnaire
13
The validity of a MEDEX report is one year from the date of medical examination.
False
14
61 No adverse declaration in the application form ₱3 Million ₱1 Million (issued 1.5 years ago)
MEDICAL
15
46 No adverse declaration in the application form ₱8 Million ₱3 Million (issued 6 months ago)
NON-MEDICAL
16
The older the Proposed-Insured, the lower the premium.
False
17
You can appoint a legal entity or an organization as a beneficiary.
True
18
Instead of submitting a photocopy of your identification card, you can capture it in Next Gen iPoS when submitting your e-application.
True
19
The validity of a Medical Examination (MEDEX) report is three months or 90 days from the date of medical examination by the approval date.
True
20
Build is the the single, most important indicator of the physical make-up of a person. It is the basis for premium computation.
False
21
Each occupation listed in iPoS has a corresponding occupational rating.
True
22
A contingent beneficiary is also known as a secondary beneficiary.
True
23
This questionnaire is required for Proposed Insured who is involved in a common-law relationship or has a live-in partner.
Confidential Report on Marital Status Questionnaire
24
Current residence and areas of travel might pose a level of risk. Which of the following should you look into?
All of the above.
25
Which information is NOT required when scheduling for a mobile clinic?
Advisor's office address
26
The Proposed-Insured (PI) just turned 40 years old last September 23, 2020. If the proposal date was generated is July 7, 2020. What would be his insurance age?
AGE 41
27
It is the best source of underwriting information as this contains all details about the Applicant-Owner and the Proposed-Insured.
Application Form
28
Who are considered to be High Risk Customers?
All of the above.
29
59 With adverse declaration ₱13 Million No existing coverage
MEDICAL
30
39 No adverse declaration in the application form ₱4 Million ₱1 Million (issued 4 years ago)
NON-MEDICAL
31
The Company reserves the right to require a medical examination or proofs of insurability as it may deem necessary on non-medical applications submitted by the advisor.
True
32
This pertains to the general lifestyle, reputation, behavior and overall conduct of the Proposed Insured that can increase his risk exposure.
a
33
What is the validity period of the application from the time it was signed by the client?
90 days
34
70 With adverse declaration ₱9 Million No existing coverage
MEDICAL
35
58 With adverse declaration ₱3 Million No existing coverage
MEDICAL
36
Which description/s is/are FALSE about Next Gen iPoS?
It is downloadable from the Apple Store.
37
This is required for application with significant premium payment to establish the payor's capacity to pay, sources of funds and overall financial standing.
Large Amount Questionnaire
38
The percentage sharing allocation of all primary beneficiaries must total to 100%.
True
39
A Field Underwriter is an employee of a life insurance company who assesses the risk factors that can impact the insurability of the Proposed-Insured.
False
40
If a certain occupation has a rating of ₱5.00 per thousand, how much additional premium will he be paying for a P1 Million coverage being applied for?
₱5,000
41
A Policy Owner is considered as a US Person if s/he has:
All of the above
42
An applicant-owner is required to provide at least one (1) valid ID to process his application.
True
43
Replacement of existing policies is always in the best interest of the client.
False
44
A common-law spouse with legal impediment (previous marriage is not yet dissolved) is an acceptable beneficiary.
False
45
This is a Next Gen iPoS menu where you input beneficiary designations, answer medical questions and assign commission sharing.
E-application menu
46
You use this when logging in to your Next Gen iPoS account.
Advisor code
47
Residence Certificate (Cedula) is an acceptable ID.
False
48
One of its functions is to detect and deter fraud and misrepresentation attempted by proposed insureds who omit or seek to conceal facts that are essential to accurate, proper, and reasonable classification of risks.
Medical Information Bureau (MIB)
49
Who are not considered to be Politically Exposed Persons (PEP)?
Barangay Councilors
50
30 No adverse declaration in the application form ₱5 Million No existing coverage
NON-MEDICAL
51
It refers to the comprehensive medical history and present health status of the Proposed-Insured or the Applicant-Owner.
Medical Examination Report
52
The Large Amount Questionnaire (LAQ) is required for ALL applications.
False
53
Driver's License is an acceptable form of identification.
True
54
Replacement of existing policies is NOT always in the best interest of the client.
True
55
Which statement is NOT TRUE about Underwriting?
It considers only one factor -the health condition of the client.
56
Practicing Know Your Customer will entail a long and cumbersome procedure with the client which is not beneficial to him.
False
57
It is NOT recommended that minors be designated as Irrevocable beneficiaries.
True
58
Which description/s is/are TRUE about Next Gen iPoS?
A and B only.
59
The advisor's NMA is absolute and is not subject to the company's right to require a medical examination or proofs of insurability as it may deem necessary.
False
60
Next Gen iPoS is a business tool that helps in processing the application faster.
True
61
Who are NOT considered to have High Risk Occupation?
Stockbrokers
62
Advisors can submit business on their own lives without a medical examination provided:
A and B only
63
Which questionnaire DOES NOT belong to the group?
Digestive Disorders Questionnaire
64
Which of the following occupations is most likely to be rated or classfied as a substandard case?
Firefighter
65
Next Gen iPoS can be installed and operated in iPhones and android tablets.
False
66
The validity of a MEDEX report is one year from the date of medical examination.
False
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30問 • 2年前問題一覧
1
Each occupation listed in iPoS has a corresponding occupational rating.
True
2
A contingent beneficiary is also known as a secondary beneficiary.
True
3
Instead of submitting a photocopy of your identification card, you can capture it in Next Gen iPoS when submitting your e-application.
True
4
Which instance/s will the advisor receive SMS advisory while the application is in process?
All of the above.
5
47 No adverse declaration in the application form ₱2 Million ₱3 Million (issued 6 months ago)
NON-MEDICAL
6
This is prepared by a consumer-reporting agency and contains information about a proposed insured's occupation, personal habits, hobbies, driving record, health and finances.
Inspection Report
7
Next Gen iPos is a convenient way of doing business that aims for faster approval of application.
True
8
You can re-apply at a later date if your application is postponed.
True
9
Next Gen iPoS can store client records, generate proposal or complete an e-application but not submit the application electronically.
False
10
66 No adverse declaration in the application form ₱10 Million P8 Million (issued 5 years ago)
MEDICAL
11
64 No adverse declaration in the application form ₱1 Million ₱2 Million (issued 3 months ago)
MEDICAL
12
Which questionnaire is an example of a Non-Medical Questionnaire?
Diving Questionnaire
13
The validity of a MEDEX report is one year from the date of medical examination.
False
14
61 No adverse declaration in the application form ₱3 Million ₱1 Million (issued 1.5 years ago)
MEDICAL
15
46 No adverse declaration in the application form ₱8 Million ₱3 Million (issued 6 months ago)
NON-MEDICAL
16
The older the Proposed-Insured, the lower the premium.
False
17
You can appoint a legal entity or an organization as a beneficiary.
True
18
Instead of submitting a photocopy of your identification card, you can capture it in Next Gen iPoS when submitting your e-application.
True
19
The validity of a Medical Examination (MEDEX) report is three months or 90 days from the date of medical examination by the approval date.
True
20
Build is the the single, most important indicator of the physical make-up of a person. It is the basis for premium computation.
False
21
Each occupation listed in iPoS has a corresponding occupational rating.
True
22
A contingent beneficiary is also known as a secondary beneficiary.
True
23
This questionnaire is required for Proposed Insured who is involved in a common-law relationship or has a live-in partner.
Confidential Report on Marital Status Questionnaire
24
Current residence and areas of travel might pose a level of risk. Which of the following should you look into?
All of the above.
25
Which information is NOT required when scheduling for a mobile clinic?
Advisor's office address
26
The Proposed-Insured (PI) just turned 40 years old last September 23, 2020. If the proposal date was generated is July 7, 2020. What would be his insurance age?
AGE 41
27
It is the best source of underwriting information as this contains all details about the Applicant-Owner and the Proposed-Insured.
Application Form
28
Who are considered to be High Risk Customers?
All of the above.
29
59 With adverse declaration ₱13 Million No existing coverage
MEDICAL
30
39 No adverse declaration in the application form ₱4 Million ₱1 Million (issued 4 years ago)
NON-MEDICAL
31
The Company reserves the right to require a medical examination or proofs of insurability as it may deem necessary on non-medical applications submitted by the advisor.
True
32
This pertains to the general lifestyle, reputation, behavior and overall conduct of the Proposed Insured that can increase his risk exposure.
a
33
What is the validity period of the application from the time it was signed by the client?
90 days
34
70 With adverse declaration ₱9 Million No existing coverage
MEDICAL
35
58 With adverse declaration ₱3 Million No existing coverage
MEDICAL
36
Which description/s is/are FALSE about Next Gen iPoS?
It is downloadable from the Apple Store.
37
This is required for application with significant premium payment to establish the payor's capacity to pay, sources of funds and overall financial standing.
Large Amount Questionnaire
38
The percentage sharing allocation of all primary beneficiaries must total to 100%.
True
39
A Field Underwriter is an employee of a life insurance company who assesses the risk factors that can impact the insurability of the Proposed-Insured.
False
40
If a certain occupation has a rating of ₱5.00 per thousand, how much additional premium will he be paying for a P1 Million coverage being applied for?
₱5,000
41
A Policy Owner is considered as a US Person if s/he has:
All of the above
42
An applicant-owner is required to provide at least one (1) valid ID to process his application.
True
43
Replacement of existing policies is always in the best interest of the client.
False
44
A common-law spouse with legal impediment (previous marriage is not yet dissolved) is an acceptable beneficiary.
False
45
This is a Next Gen iPoS menu where you input beneficiary designations, answer medical questions and assign commission sharing.
E-application menu
46
You use this when logging in to your Next Gen iPoS account.
Advisor code
47
Residence Certificate (Cedula) is an acceptable ID.
False
48
One of its functions is to detect and deter fraud and misrepresentation attempted by proposed insureds who omit or seek to conceal facts that are essential to accurate, proper, and reasonable classification of risks.
Medical Information Bureau (MIB)
49
Who are not considered to be Politically Exposed Persons (PEP)?
Barangay Councilors
50
30 No adverse declaration in the application form ₱5 Million No existing coverage
NON-MEDICAL
51
It refers to the comprehensive medical history and present health status of the Proposed-Insured or the Applicant-Owner.
Medical Examination Report
52
The Large Amount Questionnaire (LAQ) is required for ALL applications.
False
53
Driver's License is an acceptable form of identification.
True
54
Replacement of existing policies is NOT always in the best interest of the client.
True
55
Which statement is NOT TRUE about Underwriting?
It considers only one factor -the health condition of the client.
56
Practicing Know Your Customer will entail a long and cumbersome procedure with the client which is not beneficial to him.
False
57
It is NOT recommended that minors be designated as Irrevocable beneficiaries.
True
58
Which description/s is/are TRUE about Next Gen iPoS?
A and B only.
59
The advisor's NMA is absolute and is not subject to the company's right to require a medical examination or proofs of insurability as it may deem necessary.
False
60
Next Gen iPoS is a business tool that helps in processing the application faster.
True
61
Who are NOT considered to have High Risk Occupation?
Stockbrokers
62
Advisors can submit business on their own lives without a medical examination provided:
A and B only
63
Which questionnaire DOES NOT belong to the group?
Digestive Disorders Questionnaire
64
Which of the following occupations is most likely to be rated or classfied as a substandard case?
Firefighter
65
Next Gen iPoS can be installed and operated in iPhones and android tablets.
False
66
The validity of a MEDEX report is one year from the date of medical examination.
False