Sanchay FMP Quiz
Authored by Rajat Kumar
Professional Development
Professional Development
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5 questions
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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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