Term Quiz (26/12/24) Set 1 Falcon

Please provide your TACT ID, for ex - TACT121.

What is the Maximum CI+TPD rider cover amount with Axis Max Life Insurance for 25 year old?

• 25 lakhs

• 15 lakhs

• 30 lakhs

• 50 lakhs

Which among the following plans does not have Life stage Benefit or Voluntary top up options?

• Click2Protect Super

• iProtect Smart

• Smart Total Elite Protection

What does CSR mean?

• Claim settlement ratio (CSR) is the percentage of amount of claims that an insurance company settles out of the total number of premiums it receives in a year.

• Claim settlement ratio (CSR) is the percentage of claims that an insurance company settles out of the total number of claims it receives in a year.

Lead has 50 lakhs of endowment plan from SBI Life, should it be deducted from his maximum eligibility?

• Yes

• No

Which plans offer ROP and can be bought through Ditto?

• HDFC LIFE

• ICICI Prudential Life

• AXIS Max life

What is the Minimum cover amount one can avail with Axis Max Life?

• 50 lakhs

• 25 lakhs

• 1cr

Lead was diagnosed with cancer 5 years back and completely recovered now, can he buy a term insurance?

• Issuance is subject UW

• Can apply with loading charges

• Outright reject

What is the maximum policy tenure for CI rider with the below companies?

• AMLI- 30 years
  IPRU-30 years
  HDFC- 30 years

• AMLI- 20 years
  IPRU- 30 years
  HDFC- 15 years

• AMLI- 15 years
  IPRU- 30 years
  HDFC- 20 years

What is the minimal annual income for an NRI to apply for a term plan?

• 10LPA
• 15LPA

• 30LPA

• 5LPA