SPA New Version - Chandana Singh

What is the minimum entry age in Sanchay Par Advantage Plan ?

• 18Years

• 90 Days

• 30 Days

• 5 Years

Under Deferred Income Option of SPA, the guaranteed income would be payable for _________ Years ?

• 30 Years

• 25 Years

• 12 Years

• 10 Years

What is the monimum premium limit for a 5 years PPT in SPA Immediate Income Option ?

• 30000

• 43750

• 33343

• 500000

What are the PPT options available in Deferred Income Option of Sanchay Par Advantage ?

• 7,8,9,10,11,12

• 6,7,8,9,10,11,12

• 7,8,9,10,12

• 5,6,7,8,9,10,11,12

In the new version of Sanchay Par Advantage deferred income option, what is the waiting period applicable ?

• PPT + 1 Year

• Policy Term + 1 Year

• PPT + (0 to 5 Years)

• PPT + (0 to 3 Years)

In the immediate income option of SPA, there is no waiting period. Is this statement True or False

• True

• False

___________ is the guaranteed Income % offered in SPA deferred Income option available for 10 Years PPT for a client Aged 40 ?

• 28%

• 34%

• 22%

• 40%

In Sanchay Par Advantage, the SA & the Total premiums paid would be same. Is this statement True or False ?

• False

• True

• Depends on Age

What is the kind of Bonuses are given in Sanchay Par Advantage ?

• Reversionary Bonus

• Cash Bonus

• Terminal Bonus

• Cash Bonus & Terminal Bonus

What is the Maturity Benefit in Sanchay Par Advantage

• SA + Terminal Bonus

• Last Year Payout + Terminal Bonus

• No Maturity Benefit