C2A Quiz

Customer can get Instanst Cash Back upto how much % in Click to Achieve Plan ?

• 50%

• 25 %

• 10%

• No cash back

What is the Min & Max Entry Age to buy Click to Achieve Plan ?

• 18yrs & 60yrs

• 18yrs & 65 yrs

• 30 days & 65 yr

• 18 yr & 75 yr

Harish bought C2A-Early Income option plan for himself & He has opted for monthly Payout . From when his pay out will start ?

• 13th Month

• Immediately Next month 

• No such Option Available

• 3 rd month

Customer can choose Life cover Multiples 7 times /10 / 12 /15 / 20 times of their Annual Premium in Click to Achieve Plan. Is the statement Correct ?

• TRUE

• FALSE

Existing Customer with Premium greater than 50000 will get the 3 % Discount on 1st year Premium if PPT is 10 & 2 % Disount for the PPT less than 10 . Is this statement correct ?

• True

• False

Ramesh purchaged C2A- Instant cashback option with 1.5L premium & Recieved 75K as instant cash back on the issuance . How much Tax exemption he can get under Sec 80 C ?

• 75 K

• 1.5 L

• No tax benifit

• Taxable

What is the Interest rate customer  will get upon Accruval of his payouts in C2A Plan ?

• SBI SB Interest + 1.5 %

• 4%

• Reverse Repo Rate

• No Extra Interest

In C2A Plan, At the inception Customer can choose the % of ROP to be recieved from 50 % / 75% / 100%/ 110% /125% /150% /  200%  . 

• TRUE

• FALSE

Shyam is worried about the inflation & planning to buy C2A Plan with increasing Income option. He can choose between How much % ?

• 1 to 10 %

• 5 to 7%

• 10 to 15 %

• 15 to 20 %

In C2A plan, Customer can reduce his premium upto how much % after completion of 5 policy year ?

• 25%

• 50%

• 30%

• 15%