Pre-assessment test on ESP

LSP isa a savings plan

• True

• False

• Not sure

• All of the above

The minimum monthly premium on ESP is

• 10,000

• 15,000

• 20,000

• 30,000

ESP has a mandatory sum assured of 

• 250,000

• 500,000

• 700,000

• 1,000,000

Grace period on ESP is

• 30days

• 45days

• 60days

• 90days

How long is cooling of period?

• 10days

• 25days

• 30days

• 60days

A named child is usually a beneficiary on ESP policy

• True

• False

• Not sure

• not applicable

Loan is allowable on this policy

• True

• False

• not sure

• all of the above

minimum term on ESP is

• 3 years

• 5 years

• 6 years

• 7 years

maturity on this policy pays

• lump sum

• in two instalments

• in three instalmentsIn 4 instalments

CIC is an extra risk cover on this policy

• True

• False

• Not sure

• Non of the above