GGS - ABSLI

What type of plan is the ABSLI Nischit Ayush Plan...?

• ULIP PLAN

• Non - Linked Non - Participating Plan

• Term Insurance Plan

• Saving & ULIP Plan

What is the highest Maximum Annualized premium available in ABSLI Nischit Ayush Plan..?

• 50 Lac.

• 2 CR.

• 5 CR.

• No Limit ( Subject to Board Approved Underwriting Policy)

What happens if the life insured dies during the policy term in ABSLI Nischit Ayush Plan...?

• The policy continuous without any changes

• The nominee will receive a lump sum death benefit

• No benefits are provided

• The policy holder must continue to pay premiums

What is the minimum sum assured under ABSLI Nischit Ayush Plan...?

• Rs. 100000

• Rs. 210000

• Rs. 500000

• Rs. 50000

Can the customer increase or reduce his premium amount during the policy tenure in ASP plan ABSLI ( Assured Savings Plan)...?

• Yes

• No

What is the Entry Age of Life insured acceptable under ABSLI Assured Saving Plan in Joint Life Option...?

• 18 - 50 Years

• 18 - 60 Years

• 30 Days - 65 Years

• 30 Days - 50 Years

According to the recent regulations, when can the policy be surrendered for Traditional products...?

• At any time during the policy term

• Only at the time of policy maturity

• After the first premium payment is made

• After the completion of 1st Policy Year

What is the GST rate applicable for the policy..?

• For Year 1st, the GST rate applicable is 4.00% & from the 2nd year onwards, the GST rate applicable for the policy is 2.00%

• For Year 1st, the GST rate applicable is 2.50% & from the 2nd year onwards, the GST rate applicable for the policy is 1.25%

• For Year 1st, the GST rate applicable is 4.50% & from the 2nd year onwards, the GST rate applicable for the policy is 2.25%

• None of the above

What are the plan option under this ABSLI Salaried Term Plan...?

• Life Cover

• Life Cover with ROP

• Fixed Income Cover

• Increasing Income Cover

• All of the above

What is the Minimum Sum Assured offer under ABSLI Salaried Term Plan..?

• 35 Lakhs

• 40 Lakhs

• 45 Lakhs

• 50 Lakhs