GIIP Quiz

GIIP Quiz

University

10 Qs

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GIIP Quiz

GIIP Quiz

Assessment

Quiz

Professional Development

University

Practice Problem

Medium

Created by

Chandana Singh

Used 2+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

PPT

PPT + Income Period

PPT+Deferment Period + Income Period

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

True

False

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What are the USPs of our GIIP ?

Guaranteed Income

Death benefit during payout period also

long & short term PPT options

All the 3 options

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is the maturity benefit in GIIP ?

Last Year Payout + % of ROP

Last Year Payout

Last year payout + Sum Assured

Sum Assured

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