Protection Win Win Conviction Builder - West 1

In Protection - SSPP Regular Pay, Saral Jeevan Beema, Cancer Plan - WPC for all premium ticket size grid is

• 125%

• 150%

• 75%

• 110%

In Protection - SSPP - All other variants WPC for premium ticket size grid above 50K is

• 125%

• 150%

• 200%

• 110%

In Protection - SSPP - All other variants WPC for premium ticket size grid between 0 to 29.9K is

• 125%

• 150%

• 200%

• 75%

In Protection - SSPP - All other variants WPC for premium ticket size grid between 30K to 49.9K is

• 125%

• 150%

• 200%

• 75%

What is the price difference between online and offline SSPP with TROP Variant ?

• 5% to 10%

• 0%

• >10%

• It is optional and not chargeable

For Limited Pay TROP of 60000/- base premium with 4500/- Rider Premium, what would be the WFYP?

• 129000/-

• 108000/-

• 124500/-

• 138000/-

In SSPP, Customer enjoys lesser outflow of GST with lesser GST rates if he opts for Limited Pay TROP. 

• TRUE

• FALSE

• MAY BE

• Don’t Know

Limited pay TROP enables you to get all your premiums back.

• TRUE

• FALSE

• MAY BE

• Don’t Know

GST for NON TROP is 18%. For TROP the GST is 4.5% in the first year and from 2nd year onwards it reduces to 2.25%.

• TRUE

• FALSE

• MAY BE

• Don’t Know

Limited Pay TROP- A Win-Win Story for both Customer and Seller-

• Increase in absolute earnings

• Higher Case Size

• Savings on total Premium on cumulative basis

• All of the mentioned points