FLASHCARD 1

FLASHCARD 1

Assessment

Flashcard

Professional Development

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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20 questions

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1.

FLASHCARD QUESTION

Front

GWP gives us a Guaranteed Income for 20,25, 30 or 35 years + 100% ROP at maturity

Back

FALSE

2.

FLASHCARD QUESTION

Front

GWP is a Plan to fulfill all your dreams with Guaranteed Income.

Back

TRUE

3.

FLASHCARD QUESTION

Front

How many variants are available in GWP?

Back

2

4.

FLASHCARD QUESTION

Front

In GWP can we get the tax benefit on payment and payouts? (80C & 10(10) D)

Back

Yes

5.

FLASHCARD QUESTION

Front

In GWP plan life insurance cover provided for full policy term

Back

True

6.

FLASHCARD QUESTION

Front

Name the variants available in GWP: Lump Sum, Money Back; Lump Sum, Income; Income, Early Income; Money Back, Lump sum

Back

Lump Sum, Income

7.

FLASHCARD QUESTION

Front

How many riders are available in GWP?

Back

2

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