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Retail Plan Quiz

Authored by Joydip Bhattacharjee

Other

Professional Development

Used 1+ times

Retail Plan Quiz
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which among the following is the regulator for the insurance industry in India?

Insurance Authority of India
Insurance Regulatory and Development Authority of India
Life Insurance Corporation of India
General Insurance Corporation of India

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which among the following is a method of risk transfer?

Bank FD
Insurance
Equity shares
Real estate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Life Insurance covers the risk of -

Dying too early
Living too longer
Both are correct
Both are wrong

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sanchay Fixed maturity plan is a

Non PAR
PAR
Linked Insurance
NON Linked Insurance

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mr. Ravi Agarwal opts for HDFC Life Sanchay Fixed Maturity Plan along with his wife Mrs. Meera. In case of the unfortunate demise of the first life assured, Death Benefit will be payable. And In case of the unfortunate demise of the second life assured as well after a few years, Deducted death benefit will be payble. Identify whether the above statement is true or NOT True.

True
Not True

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ms. Myra is interested in HDFC Life Sanchay Fixed Maturity Plan. However, she does not want to keep paying premiums. What option does she have to still buy the plan? Select the correct answer from the list below.

Pay a single premium
Pay premiums for a limited period
Opt for SI / ECS

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What will be the death benefit for single premium policy in sanchay FMP

1.25 timess -1.5 times
10 times
15 times
20 times

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