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Super Friday week1 final

Authored by Manoranjan Kumar

Professional Development

Professional Development

Super Friday week1 final
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In LGP Max Life Payor Rider provides policy continuance benefit in case of  death or disability of the payor

This rider can be taken only if the life insured is minor

This rider can be taken only if the Policyholder & life insured is same

This rider can be taken only if the Policyholder is different from life insured.

none of the above

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Terminal Illness Benefit in LGP

Coverage- up to 50% of GMSA paid upfront on diagnosis of a terminal illness

Coverage- up to 100% of GMSA paid upfront on diagnosis of a terminal illness

Coverage- up to 90% of GMSA paid upfront on diagnosis of a terminal illness

Coverage- up to 60% of GMSA paid upfront on diagnosis of a terminal illness

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the Bonus Options available in LGP??

Premium Offset & Paid in Cash

PUA & Paid in Cash

PUA & Premium Offset

PUA, Premium Offset, Paid in Cash

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the minimum loan amount would be given to customer?

50000 & 50% of SV

20000 & 50% of SV

20000 & 10% of SV

10000 & 50% of SV

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Life gain Premier is a ________ plan

ULIP

Par

NON Par

money back

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In MIAP, income can be received in monthly/annually mode

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Survival Benefit(Income Benefit) for MIAP

Equal to 1/12 of 10% of Sum assured

Equal to 1/5 of 10% of Sum assured

Equal to 1/10 of 10% of Sum assured

Equal to 1/12 of 20% of Sum assure

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