Team Af Ultra Index/Plus Quiz
10 Questions
| Attempts: 179
Questions and Answers
- 1.Ultra Index is a fixed product.
- A.
True
- B.
False
- 2.The current "Cap" for Ultra Index is
- A.
8%
- B.
7%
- C.
9%
- D.
6%
- 3.The current rate for the "fixed account" for Ultra Index is...
- A.
2%+
- B.
2.75%
- C.
3.35%
- D.
3.85%
- 4.What is the "floor" on Ultra Index?
- A.
2%
- B.
1%
- C.
0%
- D.
3%
- 5.A "standard loan" on Ultra Index is charged and credited at the following interest rate(s).
- A.
Charged 2% and credited 2%
- B.
Charged 4% and credited 2%
- C.
Charged 3% and credited 2%
- D.
Charged 3% and credited 1%
- 6.The persistency bonus on the Ultra Plus is?
- A.
1.0%
- B.
None
- C.
.50%
- D.
.25%
- 7.What is the minimum interest guaranteed on the UIltra Index?
- A.
3.0%
- B.
2.0%
- C.
4.0%
- D.
.50%
- 8.What is the target premium for a 30 year old male, preferred smoker, $500,000 coverage (DB option 1) and GIR ($50,000)?
- A.
$3319.54
- B.
$2757.48
- C.
$3427.50
- D.
$3400.00
- 9.If you miss one of the opportunities to increase the customers coverage under the GIR you forfeit all remaining increases. True or False?
- A.
True
- B.
False
- 10.All the following products are available for Juveniles"except"?
- A.
Legacy Secure
- B.
Ultra Plus
- C.
Ultra Index
- D.
AWLA
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