Younite 27 January 2024

What is the amount paid in diagnosis of minor stage Cancer , as the customer opted for the Protect plus rider in  HDFC Life Guaranteed Income Insurance plan? Select the correct answer from the list below.

• 25% of Rider SA

• 100% of Rider SA

• 50% of Rider SA

• NOTHING IS PAYABLE 

Mr. Kush earns a salary of 40k Per month & also gets a monthly rental income of 10k regularly , Which of these to be treated as his earned Income ? 

• Rental Income 

• Salary 

• Both 

• None of these Options

Joohn , A financial advisor , was explaining the phases of retirement planning to his client , He mentioned that it is important to stay invested in some secured funds once the optimum corpus gets build , Which phase of retirement he was referring to : 

• Conservation 

• Distribution 

• Accumulation 

• None of these Options

Mrs. Jototi 35 age , is planning to purchase Guaranteed Pension Plan , she wants to understand the working of the plan at the time of vesting . 

• Yes You can commute up to 60% of the vesting amount as tax free lump sum & then utilise the rest of the amount to purchase annuity 

• Yes You can commute up to 70% of the vesting amount as tax free lump sum & then utilise the rest of the amount to purchase annuity 

• Commutation not allowed in the product 

• 100% of the vesting amount must be compulsorily utised to purchase annuity 

Pandit , a financial advisor was explaining the phases of retirement product -Hdfc life , he mentioned that there are various strategies to invest money in order to optimize the size of the retirement corpus , which phase of retirement planning he was referring ?

• Conservation 

• Distribution 

• Accumulation 

• None of these Options

Ms. Dhamini, age 38, has selected HDFC Life Click 2 Protect Super with the Return of Premium additional benefit. Her sum assured is ₹ 1 Crore. Unfortunately, she passes away during the 10th policy year. What will her nominee get?

Select the correct answer from the list below.

• All premiums paid

• ₹ 1 Crore

• ₹ 50 Lakhs

Mr. Kumar purchases c2p super with Rs.1 Cr SA & selects the option spouse cover at 50% , suddenly in the 2nd policy year , Mrs Kumar dies in an accident . What will the family will receive after the death of Mrs Kumar . 

• Nothing

• 50 Lakhs 

• 1 Crore

• 25 lakhs 

During a meeting witha custstomer , FLL Sameera says that a percentage of investment in different asset classes is laid down by IRDAI u/s 27 of insurances act 1938 , She further states that the % investment is mandatory in central / stage Govt securities(Min) ____ , In housing & Infra (Min)___  & in equity related instruments cannot exceed _________________

• 50,15,35

• 35,15,50

• 15,35,50

• 50,36,16

which of the plan option in sanchay plus provides enhanced maturity / income benefits , if the annual premium is more than 1.50 Lakhs ? 

• Long term income option 

• Guaranteed income option 

• life long income option 

• all of the options 

The minimum entry age for sanchay par is ..

• 30 days 

• 3 months 

• 18 years 

• 5  Years