C2A + Sanchay Par Quiz

Mrs. Arunimaa Mahajan is interested to invest in HDFC Life Sanchay Par Advantage. She wants to know the benefits offered by the scheme. Which of the following benefits do you expect FLS Sonia to mention?

• Assured vesting benefit

• Regular income in the form of Survival Benefit payouts

• Enhanced protection from the second policy year on payment of top-up premium

• Single premium policy

Ankita Swaminathan wants to purchase an insurance policy which will provide her income which will last a lifetime. Do you think HDFC Life Sanchar Par Advantage is the right product for her?

• No because HDFC Life Sanchay Par Advantage does not have the feature of income that will last a lifetime.

• Yes because HDFC Life Sanchay Par Advantage offers regular income till the age of 100 years.

Mr. Amit Dandekar wants to understand the major difference between the Immediate Income and Deferred Income options of HDFC Life Sanchay Par Advantage. What should FLS Sukanyaa Dalvi tell him?

• The Deferred Income Option allows Survival Benefit payouts to begin after the Premium Payment term ends.

• The Deferred Income Option provides a guaranteed income for a guaranteed period along with the cash bonuses after one year of the premium payment term.

  
  

• In addition to the cash bonuses as regular income, a lump sum amount at maturity and the death benefit, Deferred income option provides accidental death benefit.

• In addition to the cash bonuses as regular income, a lump sum amount at maturity and the death benefit, Deferred income option provides assured vesting benefit.

FLS Animesh has explained the features of HDFC Life Sanchay Par Advantage to Mrs. Sunita Krishnan. Mrs. Krishnan wants to know if she can withdraw the accrued survival benefits whenever she wishes to. What should Animesh tell her?

• Yes, HDFC Life Sanchay Par Advantage offers the flexibility A to withdraw the accrued survival benefits partly or fully, any time during the policy term.

  
  

• No. The policyholder can withdraw the accrued survival benefits only after the policy has completed five years.

If "Advance" chosen at inception, the Immediate Income Option of HDFC Life Sanchay Par Advantage may provide income immediately post issuance of the policy with a 7 days TAT. Identify whether the above statement is true or false.

• True

• False

Death Benefit Multiples offered by the Dream Achiever plan option of Click 2 Achieve are?

• 7X

• 10X

• 12x

• 20x

• All of the above

Mr. Saurabh thinks accrual of survival benefits is possible in the Lump Sum variant of the Dream Achiever option of Click 2 Achieve. What should FLS Nazir say?

• Yes, it is available in this variant

• No, it is available only with the Early Income, Income and Moneyback variants

• It is available in all four variants

Click 2 Achieve plan option Dream Achiever allows unlimited combinations on?

• Premium Payment Term

• Life Cover

• Survival Benefits

• All of these

Click 2 Achieve assures guaranteed returns to achieve?

• Higher education of children

• Additional income to cover unforeseen expenses

• A good corpus that can help pay EMIS

• All of these

Click 2 Achieve provides all flexibilities allowed by the largest public sector insurer through its moneyback policies, state whether -

• True

• False