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1Life Product Training – Empowering Digital Insurance Sales

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Mock assessment : Generational Plan

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1. What is the minimum age required to take up the Generational Plan?
a) 21 b) 18 c) No minimum age d) 25
2. What is the maximum age limit for the Generational Plan?
a) 65 b) 75 c) 99 d) No maximum age
3. What is the minimum premium for the Generational Plan?
a) R120 b) R99 c) R130 d) R150
4. What is the range of cover amounts for the Generational Plan?
a) R5,000 – R15,000 b) R7,500 – R16,000 c) R10,000 – R20,000 d) R6,000 – R18,000
5. How many children can be covered for an extra R6 premium?
a) 1 b) 2 c) 4 d) None
6. What is the waiting period for accidental death?
a) No waiting period b) 3 months c) 6 months d) 12 months
7. What is the waiting period for natural death?
a) 3 months b) 6 months and 6 paid premiums c) 9 months d) No waiting period
8. Which of these is a benefit of the Generational Plan?
a) Cashback bonus b) Burial repatriation c) Legal cover d) Grocery vouchers
9. Which SASSA grant recipients are eligible?
a) Child Support b) War Veterans only c) Old Age and Permanent Disability only d) Any grant
10. Who must the policyholder be?
a) The beneficiary b) The SASSA grant recipient themselves c) A family member d) A legal guardian
11. Which of the following is NOT allowed?
a) Selling to someone with a Child Grant b) Selling to a recipient of Old Age grant c) Collecting via Qlink d) Premium deduction on the 1st
12. What is the maximum allowed premium as a percentage of the SASSA grant?
a) 5% b) 8% c) 10% d) 15%
13. Which of these is a required method of payment?
a) Cash b) Debit order c) SASSA Grant deduction d) Bank transfer
14. When are SASSA deductions made?
a) 15th of the month b) 1st of the month c) End of month d) Anytime
15. What happens if the client does not have an active cellphone?
a) Policy proceeds b) Manual contact is made c) Policy fails verification d) OTP is skipped
16. What is a common reason for application rejection?
a) Premium exceeds 10% of grant b) Policyholder is employed c) Beneficiary is listed d) Grant type is Old Age
17. Which of the following is a correct sales principle?
a) Inform client you represent your brokerage b) Say you represent SASSA c) Promise grant increase d) Skip explaining terms and conditions
18. Which grant types are allowed?
a) Child Support and Foster Care b) All grants c) Old Age, War Veterans, and Permanent Disability d) Temporary Disability
19. What is the “Good Gesture” benefit?
a) Legal cover b) A small additional benefit offered under the plan c) Cashback reward d) Early payout on accident
20. Why is the Generational Plan ideal for the mass market?
a) It’s free for SASSA members b) It requires no documentation c) It has no maximum age and low premiums d) It includes life cover of R100,000