LIFE JUNE 16

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2 points

What waiting periods are NOT available under Income Protection Home Duties definition?

All of the above

14, 30 & 90 Day Waiting Period

14 & 30 Day Waiting Period

180, 360 & 720 Waiting Day Period

2 points

What is maximum income ratio a client apply for under Income Protection (inclusive of the super contribution option)

75%

85%

70%

80%

2 points

An adviser calls through explaining that he is in the process of quoting a replacement policy for a client who currently has a BT Protection Plan. The adviser wants to know what commission structure can be applied to the replacement policy (note that the current policy is on an upfront commission structure)

Upfront

Level

Hybrid 1

Any of the above

2 points

Using the details in the question above, what commission would be paid?

Upfront

Level

Hybrid 1

Any of the above

2 points

If a client currently holds a Term Life as Super policy under a BT Super Wrap account, and there is a flexible linking policy (paid via personal bank account/credit card). Will the 10% Platform discount apply to both policies?

Yes

2 points

What is the minimum period of time that a policy has to be in-force (from inception) before a client can apply for a Premium Holiday?

6 Months

3 Months

9 Months

12 Months

2 points

What is the maximum period of time a policy can be on premium holiday?

3 Months

6 Months

12 Months

9 Months

2 points

If a client has requested a premium frequency change from Monthly to Annual 4 months after the policy anniversary, does the annual premium discount apply to the pro-rata annual payment (to be paid through to the following policy anniversary date?

Yes

2 points

What is the maximum sum insured a client can request for a Children’s Benefit policy?

$150,000

$200,000

No maximum sum insured

$175,000

10.

2 points

What is maximum age limit for TPD Own/Any Occupation?

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