C2I and Sanchay FMP Quiz

Mr. Atharva Dev has a HDFC Life Click 2 Invest - ULIP. Which features of the plan helps him secure his investments from market volatility? Select the correct answer from the list below.

• Provision of partial withdrawal of funds invested

• Choice to select sum assured, premium, premium payment term and policy term

• Choice of 11 fund options, 4 free switching and 4 free premium redirection in a policy year

• Unlimited Free Switches and free Premium redirection

Mrs. Kamala Lakshmi has a 10-year HDFC Life Click 2 Invest - now in 10th year she is not satisfied with the fund value at maturity. Which of the following option can she avail to remain invested in next 5 years?

• Paid-up

• Settlement Option

• Policy extension option

• Re-investment option

Mr. Durgesh Kumar wants a plan that will ensure staying invested for a long time as well as allow him to withdraw some amount in case of an unforeseen expenditure. How will HDFC Life Click 2 Invest - ULIP fulfill both his wishes? Select the correct answer from the list below.

• He can partially withdraw money from his funds after staying invested for 5 years

• He can apply for a policy loan after paying 7 annual premiums

• He can avail loan anytime

• He can take the surrender value

Ms. Nandini Prakash has a three year old HDFC Life Click 2 Invest - ULIP. But she is not satisfied with the performance of her investments. Which features of the plan will help Nandini increase the returns from her investments? Select the correct answer from the list below.

• Partial withdrawal and fund switch

• Surrender and premium redirection

• Fund switch and premium redirection

Mr. Rama Subramaniam has HDFC Life Click to Invest - ULIP. His policy ensures dual benefits of sum assured plus fund value at the time of death. Identify whether the above statement is true or false.

• True

• False

Mr. Rohit Sharma has Sanchay FMP. His policy ensures dual benefits of guaranteed lumpsum at maturity and death benefit in case of unfortunate death. Identify whether the above statement is true or false.

• False

• True

Which combination of Policy term and Premium paying term we are promoting for R&P channel's Retail product combo of Click2Invest and Sanchay FMP?

• 5Y Premium Paying term and 15Y Policy term

• 5Y Policy term and 5Y Premium paying term

• 10Y Policy term and 5Y Premium paying term

• 15Y Policy term and 7Y Premium paying term

Why are we focusing on Rs. 5 lakh Premium in Sanchay FMP and Rs. 2.5 lakhs Premium in C2I?

• This is the only option available in my mix combo

• This is the best suited option in terms of tax savings for customers

• This will give highest returns to customer

What are the correct features of Sanchay FMP?

• Single Life and Lumpsum Pay

• SLROP/JLROP and Death benefit

• Guaranteed Lumpsum payout, SP/LP/RP, Riders, DBM

What is the Grace period in case of monthly and quarterly premium payments respectively?

• 15 days and 30 days respectively

• 10 days and 20 days respectively

• 30 days

• Grace period available only for annual premium payment mode.