QPS - C2PL

QPS - C2PL

Professional Development

6 Qs

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QPS - C2PL

QPS - C2PL

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

Hard

Created by

James Ohol

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6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Income Benefit on Accidental Disability Rider -

a regular monthly income equal to 2% of Sum Assured is paid for a fixed period of 10 years

a regular monthly income equal to 2% of Sum Assured is paid for a fixed period of 10 years

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Critical Illness Plus Rider

- provides a lump sum benefit on diagnosis of any one of 29 Critical Illness specified under the plan

- provides a lump sum benefit on diagnosis of any one of 19 Critical Illness specified under the plan

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

ADB Benefit

an amount equal to 150% of basic sum assured will be payable to nominee due to accidental death of life assured during the policy term

an amount equal to 200% of basic sum assured will be payable to nominee due to accidental death of life assured during the policy term

an amount equal to 100% of basic sum assured will be payable to nominee due to accidental death of life assured during the policy term

an amount equal to 50% of basic sum assured will be payable to nominee due to accidental death of life assured during the policy term

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entry Age

Min. 18 years Max. 45 years (Flexible packages) ; 50 years ( Fix 75L package)

Min. 8 years Max. 45 years (Flexible packages) ; 50 years ( Fix 75L package)

Min. 18 years Max. 40 years (Flexible packages) ; 50 years ( Fix 75L package)

Min. 18 years Max. 65 years (Flexible packages) ; 50 years ( Fix 75L package)

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Premium Paying Term and Policy Term

Regular Pay- Min. 5 years; Max 40 years subject to maturity age Limited Pay- PPT 5 and PT 10 (Fixed combination)

Regular Pay- Min. 10 years; Max 40 years subject to maturity age Limited Pay- PPT 5 and PT 10 (Fixed combination)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Income Gate criteria

ROP Option- 2.5 lakhs for Salaried

Self Employed Non ROP Option- 3 lakhs for Salaried

both of the above

none of the above