Sanchay Plus Quiz

The Long Term Option of Sanchay Plus Offers Guaranteed Income and Return of Premium at the end of payout period

• True

• False

How many Premium Payment options are there in Guaranteed Income Option of Sanchay Plus

• 10

• 12

• Both A and B

• None of the ABove

Mr. Sharma is due to retire in 5 years and wants a plan that will give him a regular income after retirement. he also wants to leave an income for his unmarried daughter. which option of Sanchay Plus suits him

• Life Long Income Option

• Guaranteed Income Option

Mr. Aggarwal Age 35 years purchased the Sanchay Plus with Guaranteed Income Option for a term of 11 years and paid all the premiums. What will be the Maturtiy benefit

• Guaranteed Income from 11th Year to 25th Year in arrears

• Guaranteed Income from 12th year to 21st year in arrears

• Guaranteed Income from 12th year to 25th year in arrears

• Life long guaranteed Income

Which of the Below is NOT the Option of Sanchay Plus

• Guaranteed Income

• Long term Income

• Life Long Income

• Immediate Income

In Sanchay Plus Plan if Life assured dies during the payout period then rest of the payouts will be paid to nominee

• True

• False

Customer Age 45 years is interested in taking Sanchay Plus Life Long Income, can he take

• Yes

• No

Sanchay Plus is a Participating Plan

• True

• False

Death Benefit in Sanchay Plus is till Policy Term

• True

• False

Customer who is taking Sanchay Plus plan will get Tax Benefit under section 80C and 10(10D) according to Income Tax Act 1961

• Yes he will ge benefit under both sections

• No there is no such Tax benefit in Sanchay Plus