Product Quiz

Mr Varun Nair, 52 year old businessman, had purchased HDFC Life Sanchay Plus with the Life Long Income Option for the term of 6 years. During the 4th policy year he met with an accident and passed away. His wife was the nominee in the policy. What benefit will she receive under the policy? Select the correct answer from the list below.

• The guaranteed income till the end of the payout period with the option to take the future payouts as a lump sum.

• The sum assured on death

• The guaranteed income payout for the next 25 years.

• The guaranteed annual payout until the 30th year, with the option to take the future payouts as a lump sum.

Mr Samant Seth had bought Sanchay Plus with the Long Term Income Option for a 6 year term. His wife wanted to take the future payouts as a lump sum. Can she do so? Select the correct answer from the list below.

• Yes she can take the future payouts as a lump sum under this plan.

• No, the future payouts under this plan option are payable only as a regular income to the nominee as per the frequency choosen by the policyholder

• No, she will not get any future payouts under this plan option once the life assured passes away.

Amisha is a FLS wants to know what are the new deferment period available in Sanchay Plus Guaranteed Income Option and long Term Income Option

'Select the correct answer from the list'

• 0-10 years

• 0-5 Years

• 0-15 years

Is it possible to start Income Payout immediately after premium paying term in new updated Sanchay Plus plan? Select the correct answer from the list.

• No. Immediate Income Payout is not available just after premium paying term

• Yes. With Zero Deferment Period

Ms Salina Kadam had purchased Sanchay Plus plan with the Long Term Income Option. Will the nominee receive the Return of Premium at the end of the payout period if she passes away? Select the correct answer from the list below.

• Yes. Guaranteed Income option and Long Term Income option gives Return of Premium at the end of the payout term.

• Yes. Life Long Income option and Long Term Income option gives Return of Premium at the end of the payout term.

• No. Guaranteed Income option and Life long Income option gives Return of Premium at the end of the payout term.

Under Sanchay Par Advantge Customer Can choose Return Of Premium Option on Maturity

• True

• False

In Defered Option customer can get Cash bonus and Guaranteed income till 99 years.

• True

• False

How many options are available under Sanchay Par Advantage

• Life Option & Income Option

• Defered Option & Income Option

• Defered Option & Immediate Income

• None of the above

In Sanchay Par advantage plan what is the Maturity Benefit

• Basic 'Sum assured and Simple Reversionary Bonus

• Basic 'Sum assured and Terminal Bonus plus Last Cash Bonus

• Return Of Premium , Terminal Bomus and Last Cash Bonus

• None of the Above

In Defered Option customer can get Cash bonus and Guaranteed income till 99 years.

• True

• False