SUN MAXILINK PRIME T2 LEARNING GUIDE Flashcards
- Which of the statements best describes SUN MAXILINK PRIME?
I. Best used in wealth accumulation goals like retirement or supplemental health fund
II. Cheaper but has potential for more growth to similar Trad products
III. Broad target market due to versatility of product
IV. Fastest in fund accumulation among insurance products
V. Versatile in addressing different financial needs via flexible combos of corresponding FA, riders, and excess premiums
a. I, II, III
b. II, III, V
c. III, IV, V
b. II, III, V
- How much is the minimum face amount of SUN Maxilink Prime?
a. 500k
b. 800k for extended issue ages
c. 350k
d. 250k (for lower band)
c. 350k
- TRUE or FALSE
Sun Maxilink Prime is the cheaper but has potential for more growth compared to similar Trad product.
TRUE
- When is the best time to position Sun Maxilink Prime?
a. 0 – 65 yrs old for Non-smoker ; 16 – 65 yrs old for Smoker
b. 0 – 75 yrs old for Non-smoker ; 16 – 75 yrs old for Smoker
c. 0 – 80 yrs old for Non-smoker ; 16 – 70 yrs old for Smoker
d. 0 – 65 yrs old for Non-smoker ; 16 – 65 yrs old for Smoker
a. 0 – 65 yrs old for Non-smoker ; 16 – 65 yrs old for Smoker
- Which of the following statement is TRUE about Sun Maxilink Prime?
a. No top-ups allowed
b. Monitor growth rates for VIP clients
c. Maximize facility for top ups during market downturns
d. Fund switching is necessary to realize paper gains
c. Maximize facility for top ups during market downturns
- TRUE or FALSE
Sun Maxilink Prime can help you raise funds for a comfortable retirement.
TRUE
- TRUE or FALSE
The rider automatically terminates when the base plan is terminated.
TRUE
- WPDD premium payment terminates at the earlier of attained age _____ and premium payment period.
21
- TRUE or FALSE
Policy fund value is guaranteed.
FALSE
- TRUE or FALSE
Payment period of 10 years is not guaranteed.
TRUE
