Sanchay FMP Quiz

Sanchay FMP Quiz

Professional Development

5 Qs

quiz-placeholder

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Sanchay FMP Quiz

Sanchay FMP Quiz

Assessment

Quiz

Professional Development

Professional Development

Easy

Created by

Rajat Kumar

Used 3+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What will be the maturity benefit under Sanchay Fixed Maturity Plan?

Sum Assured Plus Accrued Reversionary Bonus

Sum Assured plus ROP

Sum Assured on Maturity. Where, Sum Assured on Maturity is equal to (Annualized Premium or Single Premium) x Guaranteed Maturity Multiple (GMM).

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the benefits available in Sanchay FMP?

Lump-sum on maturity

Income after PPT

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the death benefit in Sanchay FMP

10 Times of Annual Premium at Inception

7 Times of Annual premium at Inception

20 Times of Annual premium at inception

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is policy term available in Sanchay FMP under limited & regular pay.

10-40

15-35

10-20

15-25

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ram has taken a Sanchay FMP under limited pay & paid 4 years premium, he wants to surrender the policy now. Can he do so??

yes he can do as after paying 2 years premium, policy will acquired a Guaranteed surrender value

No, as he has paid only 4 premiums.

Minimum 6 premium are required to pay.

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