Super 50 term quiz 4

What is the maximum cover a 25yr old (graduate) with 10LPA fixed income can take in HDFC ?

• 2 Cr

• 1 Cr

• 50L

• 2.5 Cr

What is the purpose of HDFC Life Income Benefit on Accidental Disability Rider?

• 
  To provide a lump sum amount in case of accidental disability

• To provide a monthly income in case of accidental disability

• To provide coverage for pre-existing disease

• To provide coverage for car and house

What does MWPA stands for ?

• 
  
  Married Women Protection Amendment

• Married Women's Protection Act

• Married Women's Property Authority

• Married Women's Property Act

What is the benefit of HDFC Life Income Benefit on Accidental Disability Rider?

• A monthly income equal to 1% of Sum Assured for 5 years in case of total permanent disability due to accident

• A lump sum amount paid in case of death

• A lump sum amount paid in case of accidental disability
  

• A monthly income equal to 1% of Sum Assured for 10 years in case of total permanent disability due to accident
  

When can one avail of the smart exit benefit if they have purchased a plan for the next 44 years in Max life SSP plan?

• 44th year

• 25th year

• 30th year

• Not applicable

What's the maximum cover amount for NRI in ICICI

• 2 Cr

• 5 Cr

• 4 Cr

• 10 cr

Can I take GST exempt in term plan as NRI citizen?

• YES

• No

Can I change nominees in MWPA enabled Term plans

• Yes

• No

What documents are needed for a Self-employed person as an Income proof ?(multiple choice)

• 2/3 years of ITR Organisation Details

• Computation of Income

• Organisation Details

• Balance sheet

I bought HDFC term plan + CI rider. 2 months later was diagnosed with kidney failure. Will it be covered?

• No

• Depends on the underwritng

• 50% of rider

• Yes