ROB Day 7

What is the name of the Managing Director and Chief Executive office of HDFC  Life? Select the correct answer

• Vibha Padalkar

• Suresh Badami

• Deepak Parekh

To which branch catagory does the smallest and New bank branch belong to? Choose the correct option 

• A,I

• I,Z

• Z,I

Why is it important to engage and built rapport with the SP of the bank branch? Select the correct option

• SP knows the customer and they may be in the SP portfolio

• Customer may not talk to anyone else except the mapped SP or bank personals

• SP interact with the customers directly, they know the customers' profile, their needs and banking preferences

Which of the following statements is true?

Select the correct answer from the list below.

• Insurance reduces possibility of loss in entirety

• Insurance protects the asset

• Insurance prevents loss of an asset

• Insurance compensates for the financial loss of an asset

Unit-linked Life Insurance Plans (ULIPs) allow a customer to participate in the market (equity and/or debt) to invest their money and also offer a life cover.

Identify whether the above statement is true or false.

• TRUE

• FALSE

Mr. Purab Shetty has purchased  a life insurance plan. Under this plan he will receive a guaranteed amount on maturity. The plan does not participate in the profits of the life insurance company. Which of the following insurance plan has he purchased?

Select the correct answer from the list below.

• PAR Plan

• Annuity Plan

• Non-PAR Plan

• ULIP

Ms Sucheta Gupta, aged 39 years, is an architect by profession and married to Rahul who is a Doctor. She is having a 5 years old son. Identify which could be her Top 2 financial needs?

• • Life Cover
  • Tax Planning
  

• • Life Cover
  • Children future financial planning
  

• • Retirement Planning
  • Life Cover
  

• • Children future financial planning
  • Loan Liabilities
  

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

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

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