C2P Super n GPP for RBL

What are the Features in Life stage Option in C2P Super

• 1) on Marriage 50% SA will increase 2) on1st Child Birth 25% SA will increase 3) on 2nd child birth 25% SA will increase

• SA will increase every year 5 % 

• Every 5 Years SA will increase 10% 

• Every Years SA will increase 10% till it reach 200%

Identify Wrong  Statement in Spouse Cover  Option in C2P Super

• Wife and Husband needs to be Graduate

• Age difference should not be more than 10 Years

• Wife and Husband cover will start from Policy Inception

• VMER Will be conducted for Spouse and only Standerd life is allowed  

In spouse cover option wife cover will start ...

• At the time of Policy Insurance 

• After the 10th anniversary of the policy 

• After the 5th anniversary of the policy 

• After the Death of the Husband 

Mr. Ravi is looking Zero Cost Term Insurance plan ..Need your help in selecting the right option 

• He can select HDFC Life C2P Super - Smart Exit Option under this he can exit after completion of 30 Years prior to 5 Years maturity where he will get all his premiums back

• He can select HDFC Life C2P Super - Smart Exit Option under this he can exit after completion of 20 Years prior to 5 Years maturity 

• He can select HDFC Life C2P Super - Smart Exit Option under this he can exit after completion of 30 Years

• He can select HDFC Life C2P Super - Smart Exit Option under this he can exit after completion of 25 Years prior to 5 Years maturity 

Mr.Praveen is a CSM with RBL Channel he wants to pitch his customer that he can extend  the term of the policy, but he got confused with the option name ....You can help him 

• Life Stage Protection Option 

• Renewability at Maturity Option 

• Life Plus Option 

• Life Goal Option

How Guaranteed Additions will be paid in GPP

• 6% of Guaranteed Additions will be paid every year on Sum Assured for entire policy Term 

• 3% of Guaranteed Additions will be paid every year on Sum Assured for entire policy Term 

• 3% of Guaranteed Additions will be paid every year on Sum Assured for the premium Payment Term

• 6% of Guaranteed Additions will be paid every year on Annual Premium for entire policy Term 

What the Total Vesting benefit will be available to Customer on his vesting date 

• Sum of Sum Assured + 3% GA + 3% Vesting Addition multiplied by Term

• Sum of Sum Assured + 3% GA 

• Guarenteed Venting Benefit 

• Premiums paid as on date @ 6% P.A Compound Annually

What is the Death Benefit in Guaranteed Pension Plan

• Sum Assured or 10 times of Premium which ever is higher

• Death Multiplier as per the Age of the customer

• Premiums paid as on date @ 6% P.A Compound Annually

• Sum Assured or Fund Value whichever is higher

What is the vesting benefit on vesting date in GPP

• 33% Tax free can be withdrawn and remaining can be converted into Annuity

• 60% Tax free can be withdrawn and remaining 40% can be converted into Annuity

• Customer can get the entire Vesting Amount as Tax free u/s 10 (10D)

• 50% Tax free can be withdrawn and remaining 50% can be converted into Annuity

Whats is the importance of Sum Assured in GPP

• Sum Assured is the part of Vesting Benefit and 3% GA and 3% Vesting Additions will be calculated on SA

• Sum of Sum Assured is the death benefit in GPP

• Sum Assured don't have any Importance in any benefit Calculations

• Sum Assured or 10 times of Annual Premium whichever is higher that will be the death benefit