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Day 3 - 1st Half

Authored by Sabir Kapadiya

Other

Professional Development

Used 2+ times

Day 3 - 1st Half
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6 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The Super Income Plan provides regular income for 8 to ___ years after the premium payment term in regular pay. Select the correct answer from the list below.

10

15

16

20

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following key features of the Super Income Plan are possible? Select the correct answer from the list below.

Shreyansh gets Guaranteed Base Income  payouts half-yearly.

Pooja aged 30, who bought a 16-year policy when her daughter was two, gets a guaranteed addition on maturity.

Satya buys a 20-year policy for her 2-year-old daughter and gets yearly payouts after paying premiums for 10 years.

Bhavesh does not want to go for medical examination and provides a fitness certificate.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

For a Super Income Plan policy where all due premiums have been paid, the maturity benefit will be the aggregate of which of the following? Select the correct answer from the list below. 

Last Guaranteed Base Income payout, Accrued Reversionary Bonuses, Interim Bonus and Terminal Bonus, if any

Final Income Payout, Accrued Interests, Guaranteed Income where applicable 

Sum Assured, Accrued Reversionary Bonus

Last Payout, Accrued Interests, Guaranteed Bonuses, if any

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

If Chosen at Inception, the Immediate Income Option of HDFC Life Sanchay Par Advantage offers payouts next month onwards.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Guaranteed income under HDFC Life Sanchay Par Advantage is available only under the ________________. Select the correct answer from the list below.

Immediate Income Option

Deferred Income Option

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Mr. Shah aged 52 years want to invest in Sanchay Par Advantage for Whole life and 5 years PPT in Immediate Income Option. Can he invest in this combination?

Yes

No

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