Product Quiz_GBP

What is the entry age for GBP income option?

• 4 Years to 60 years

• 5 years to 55 years

• 1 month to 60 years

• 4 years to 55 years

What is the minimum Monthly income we can offer in GBP?

• Rs 100

• Rs 15000

• Rs 10000

• Rs 1000

What is the Annual income multiplier for GBP?

• 5 times of Annualised premium

• 5.5 times of Annual income

• 5.5 times of Monthly income

• 5 times of Monthly income

Vishnu selected GBP income variant with Rs 10000 monthly income, what is the maturity benefit?

• Rs 55000

• Rs 50000

• Rs 650000

• Rs 550000

What is the life cover offered in GBP income option? (If Premium Rs 100000)

• 10 Lacs

• 11 Lacs

• 10 Lacs

• 12 Lacs

Which policy term provides higher commission to bank & Higher WRP credit for BDM?

• 7-8-6

• 3-7-6

• 6-6-6

• 5-5-5

Which below income variant gives Higher WRP for BDM & Higher commission to bank?

• 7-7-7

• 5-5-5

• 6-6-6

• 8-8-8

In GBP income option customer will have life cover during income period. (True or False)

• False

• True

We can offer waiver of premium in GBP plan. (True or False)

• True

• False

What is the minimum premiums to be paid to avail “Life cover Continuance Benefit”?

• 3 full premiums

• 2 Full premiums

• 5 Full Premiums

• 1 Full Premium