KOTAK ASSURED SAVINGS PLAN QUIZ

Quiz
•
English
•
Professional Development
•
Hard
Ravi Chikondla
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is eligible for this plan?
Min Entry Age
3years
Min Entry Age
2years
Min Entry Age
1 year
Min Entry Age
0 year
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the minimum premium criteria to purchase this plan?
Rs. 1,00,000/-
Rs. 80,000/-
Rs. 60,000/-
Rs. 50,000/-
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the Policy Term(PT) and Premium Payment Terms(PPT) options available in this plan?
PPT PT
5 PAY - 10/15
6 PAY - 12/18
7 PAY - 14/20
10 PAY- 15/20
PPT PT
5 PAY - 10/15
6 PAY - 12/15
7 PAY - 14/15
10 PAY- 15/20
PPT PT
5 PAY - 10/18
6 PAY - 12/18
7 PAY - 14/18
10 PAY- 15/18
PPT PT
5 PAY - 10/20
6 PAY - 12/20
7 PAY - 14/20
10 PAY- 10/20
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Life Cover/Risk/Death Benefit under this plan?
Basic Death Benefit
Basic Death Benefit + Guaranteed Additions Accrued as on the date of death
Both 1 & 2
None of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Does customer have the flexibility to pay premiums in installments?
Yes
No
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is loan available under this plan?
Yes
No
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the maximum age limit for entry into this plan?
75 years
70 years
65 years
60 years
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens to the policy if the premiums are not paid on time?
Policy lapses
Grace period is provided
None of the above
Policy continues without payment
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can the policyholder change the nominee after purchasing the plan?
No
Yes
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