OBX HDFC BANK DAY 3rd / 1st half (Puru)

OBX HDFC BANK DAY 3rd / 1st half (Puru)

Professional Development

5 Qs

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OBX HDFC BANK DAY 3rd / 1st half (Puru)

OBX HDFC BANK DAY 3rd / 1st half (Puru)

Assessment

Quiz

Other

Professional Development

Medium

Created by

Purushottam Tamoli

Used 2+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Super Income Plan provides regular income for 8 to ___ years after the premium payment term in regular pay. Select the correct answer from the list below.

10

15

20

16

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following key features of the Super Income Plan are possible? Select the correct answer from the list below.

Sumit gets Guaranteed Base Income  payouts half-yearly.

Riya, aged 30, who bought a 16-year policy when her daughter was two, gets a guaranteed addition on maturity.

Pulkit buys a 20-year policy for his 2-year-old daughter and gets yearly payouts after paying premiums for 10 years.

Yajuvendra does not want to go for medical examination and provides a fitness certificate.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For a Super Income Plan policy where all due premiums have been paid, the maturity benefit will be the aggregate of which of the following? Select the correct answer from the list below. 

Last Guaranteed Base Income payout, Accrued Reversionary Bonuses, Interim Bonus and Terminal Bonus, if any

Final Income Payout, Accrued Interests, Guaranteed Income where applicable 

Sum Assured, Accrued Reversionary Bonus

Last Payout, Accrued Interests, Guaranteed Bonuses, if any

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Chosen at Inception, the Immediate Income Option of HDFC Life Sanchay Par Advantage offers payouts next month onwards.

FALSE

TRUE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Guaranteed income under HDFC Life Sanchay Par Advantage is available only under the ________________. Select the correct answer from the list below.

Immediate Income Option

Deferred Income Option