Classic Assure Plus

Classic Assure Plus

Assessment

Quiz

English

Professional Development

Hard

Created by

R Kumar

FREE Resource

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following applies to HDFC Life Classic Assure Plus plan? Select the correct answer from the list below.

Ragini Roy, 45, doesn't need to go for medicals and can avail the plan by filling in a Short Medical Questionnaire. (This is applicable for 18-50 years of age with a proposed sum assured of Rs 20 Lakhs and below. Conditions will apply.)

Manav Saini can increase his life cover in this policy without any fresh medicals.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following will be a suitable pitch for premium payment flexibility option in HDFC Life Classic Assure Plus? Select the correct answer from the list below.

Pay premiums annually, quarterly or monthly and create a corpus to fund your own business.

Pay premiums for a short, limited period of 7 or 10 years and enjoy risk cover for the entire policy term.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

HDFC Life Classic Assure Plus plan gives you an "assurance" of: Select the correct answer from the list below.

Minimum 3% guaranteed of reversionary bonus during the premium payment term

Guaranteed post retirement income to maintain lifestyle even after retirement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following will be an appropriate pitch of HDFC Life Classic Assure Plus plan for individuals who have financial liabilities and have dependents? Select the correct answer from the list below.

This plan provides stable returns and financial protection against untimely demise; thus you can protect your family from financial turmoil in case anything were to happen to you

This plan will provide supplementary income that can help you during medical emergencies and to plan your vacation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

HDFC Life Classic Assure Plus plan is ideal for meeting which long term financial goals? a) funding your child’s aspiration of higher education b) creating a fund for your own future aspirations c) creating a financial cushion to secure the future aspirations of your loved ones. Select the correct answer from the list below.

Only a & B

a,b & c

Only a & c

Only B

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In HDFC Life Classic Assure Plus, on survival till the maturity date and on full payment of premiums due throughout the premium paying term, you will receive the Sum Assured on Maturity and the accrued bonuses. Select the correct answer from the list below.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Death Benefit in HDFC Life Classic Assure Plus is the highest of the following and accrued bonuses: a) Sum Assured on Death b) 10 times the annualized premium c) 105% of the total premiums paid Identify if the above statement is true or false.

True

False