ALLP Assessment 2

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1 point

There are 4 levels of cover to choose from

True

False

1 point

Clients need to go to the nearest ABSA branch to update their addresses

True

False

1 point

The entry level ages for the ALLP cover are:

24 years old – 49 years old

25 years old – 50 years old

18 years old to 75 years old

None of the above

1 point

The ABSA Life Long Provider plan is available to the Main Member and:

Siblings

Parent

Children

Spouse

1 point

The following waiting periods are applicable:

Accidental Death after 1st successful premium, Natural Death 12 months, Suicide 2 years.

Accidental Death after 1st successful premium, Natural Death 6 months, Suicide 2 years.

2 years for all types of death.

1 point

The ABSA Life Long Provider is available in the following cover levels:

R50 000.00, R100 000.00, R150 000.00, R200 000.00

R50 000.00, R100 000.00, R150 000.00, R250 000.00

R5 000.00, R10 000.00, R15 000.00, R20 000.00

R100 000.00, R200 000.00, R300 000.00, R400 000.00

1 point

The ABSA Life cover has a surrender value

True

False

1 point

The following individuals qualify for the ALLP cover:

South African Citizens

Tourists travelling to South Africa

Refugees

Non South African citizens

1 point

A client will receive the policy schedule within 30 days after concluding the application with the telesales agent:

True

False

10.

1 point

Velociti pty ltd is the underwriter of this policy

True

False

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