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MY Life Protection Plan

Authored by Kapil Dev

Business

KG

Used 1+ times

MY Life Protection Plan
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under Coverage Booster option of MyLife Protection Plan with ADB Benefit  for 15 years plan , what will be Minimum Maturity age?  

75  years

36 Years

33 years

65 Years

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Maximum age at Entry under Smart Coverage option with Limited Premium Payment? 

53 years

50 years

60 years

65 years

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is correct for Smart Coverage Option? 

The Sum Assured will get reduced by 50% post the age 60

The Sum Assured will Increase ever year

The Sum Assured will decrease every year

The Sum Assured will get reduced by 50% on 15th policy year

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under Coverage Booster option by which of the policy year the Sum assured will become 150%? 

16th Year

10th Year

20 th Year

25th Year

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As per Immediate Expense Cover feature, which of the following is paid to claimant on submission of basic documentation? 

Total Premiums paid till date of Death minus premium paid for ADB benefit

Full Death Sum Assured

50% of the Death Sum Assured

50% of the total premiums paid till date

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under which of the following options the surrender value will be avialable? 

Limited Premium & Single Premium Both

Single Premium & Regular Premium Payment Both

Limited Premium Payment Only

Single Premium Only

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What will be the Death Benefit in case of death of the insured in 10th policy year under Regular Coverage Option?

100% of the Basic Sum Assured

130% of the Basic Sum Assured

150% of the Basic Sum Assured

100% of the Sum Assured + Bonus

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