Day 2 - 2nd Half

Ms Poonam Wadekar,aged 48 years is working with an MNC . She lives with her husband and has no children. She wants to have life cover and would also like to supplement her pension post retirement which is due in next 12 years. Which option of Click to Protect Life will suit her best?.

• Life Protect option

• Income Plus option

• Life & Critical Illness Rebalance option

Ms Pooja Sompura is interested in buying Click 2 Protect Life plan with Life Protect option to provide financial protection to his family. She wants to know whether Whole Life coverage is available under the chosen option?

• Yes, whole life coverage is available under the Life Protect option

• No, whole life coverage is not available under the Life protect option

Under this type of life insurance plan, bonus is declared only if the insurer makes a profit. Which type of plan is this? Select the correct answer from the list below. 

• ULIP

• Annuity

• Non PAR

• PAR

Critical Illness is a rider offered with HDFC Life insurance plans. Identify whether the above statement is true or false.

• TRUE

• FALSE

This bonus is declared annually throughout the term of the policy and becomes attached to the policy. At the time of maturity, the bonus amount is received as part of the maturity payout. Which type of bonus is this? Select the correct answer from the list below. 

• Terminal Bonus

• Reversionary Bonus

• Interim Bonus

• Cash Bonus

Terminal Bonus will not be payable for policies which have been surrendered or which have acquired paid-up value. Identify whether the above statement is true or false.

• TRUE

• FALSE

The Non PAR type of life insurance plan provides a guaranteed amount on maturity, but does not participate in the profits of the life insurance company. Identify whether the above statement is true or false.

• FALSE

• TRUE

Mr Bhavik is working with a reputed pharma company in Sales executive profile. His job involves lot of travel. He wants to know if he can get add on cover for accidental death under the Click 2 Protect Life plan. Which plan option should he select to get this benefit?

• Life Protect option

• Income Plus option

• Life & Critical Illness Rebalance option

• Extra Life Option