GIIP Quiz

In HDFC Life GIIP plan, the life cover is active for ___________ ?

• PPT

• PPT + Income Period

• PPT+Deferment Period + Income Period

Mr Ajay, 38 years old has agreed to pay for 12 years in GIIP and he is asking us for the different income periods avaialble in this case. What would be your answer ?

• 10 & 12

• 10 OR 12

• 10, 20, 25, 30

• 12, 20, 25, 30

One of our new FLSs Mr Vijay, does not know what are the PPT options available in our Guranteed Income Insurance Plan. What would be you tell him ?

• 8, 10, 12, 15

• 6, 8, 10, 12

• 10, 12, 15, 20

• 8 to 15

The guaranteed income already paid shall not be reduced from the death benefit in GIIP.

• True

• False

GIIP can be offered to the age group between ______________ ?

• 90 Days to 65 Years

• 30 Days to 65 Years

• 2 Years to 60 Years

• 2 Years to 65 Years

What are the USPs of our GIIP ?

• Guaranteed Income

• Death benefit during payout period also

• long & short term PPT options

• All the 3 options

What is the maturity benefit in GIIP ?

• Last Year Payout + % of ROP

• Last Year Payout

• Last year payout + Sum Assured

• Sum Assured

What are the death benefit options available in GIIP ?

• Lump Sum

• Family Income Payout

• Lumpsum + Family Income Payout

• Lumpsum (or) Family Income Payout

How is the death paid if Family Income Payout (FIP) is chosen in GIIP ?

• 100% of the GDB paid in 60 equal monthly installments

• 105% of the GDB paid in 60 equal monthly installments

• 110% of the GDB paid in 60 equal monthly installments

• None of them

What are PAYOUT frequencies available in GIIP ?

• Yearly

• Yearly & Half Yearly

• Yearly & Half Yearly & Quarterly

• Yearly & Monthly