WorksheetsBajaj Allianz Induction Training Quiz
Total questions: 50
Worksheet time: 32mins
What is the minimum and maximum entry age for BDSY?
Minimum 0 year and maximum 60 years
Minimum 18 year and maximum 65 years
Minimum 18 year and maximum 60 years
Minimum 15 year and maximum 65 years
What is the choice of Policy Term available in BDSY?
5, 10 & 15 Yrs
5, 7 & 10 Yrs
5, 9 & 10 Yrs
5, 10 & 12 Yrs
What is the minimum and maximum premium paying term available in BDSY?
Minimum 5 years and maximum 40 years
Minimum 5 years and maximum 50 years
Same as the policy Term
Minimum 5 years and maximum 10 years
What is the minimum and maximum maturity age under BDSY?
Minimum 18 years and maximum 60 years
Minimum 23 years and maximum 65 years
Minimum 23 years and maximum 70 years
Minimum 18 years and maximum 75 years
What is the maturity amount in BDSY?
Sum Assured
Policy holder will receive 100% of the total premium paid with respect to that policy as guaranteed benefit on maturity, premium excludes any extra premium, service tax and education cess, if any.
Sum Assured + 100% of premium paid till date
None of the above
In Bajaj Allianz Cash Assure plan the cash back starts from the end of __________ policy year in 24 years policy term
Premium paying term
4th year
5th year
6th year
The minimum Sum Assured in Bajaj Allianz Cash Assure plan is _________
Rs 300000
Rs 100000
Rs 1000000
Rs 200000
The money back in Bajaj Allianz Cash Assure with the policy term of 16yrs starts from ________
4th year end
5th year end
4th year beginning
5th year beginning
The maturity benefit under Bajaj Allianz Cash Assure plan with policy term of 20yrs is _________.
120% Sum Assure + Vested Bonus, if any, + Terminal Bonus, if any
60% Sum Assure + Vested Bonus, if any, + Terminal Bonus, if any
105% Sum Assure + Vested Bonus, if any, + Terminal Bonus, if any
135% Sum Assure + Vested Bonus, if any, + Terminal Bonus, if any
In Cash Assure total money back available in 28 years policy term is _______.
150% Sum Assure
135% Sum Assure
135% Sum Assure + Vested Bonus, if any, + Terminal Bonus, if any
150% Sum Assure + Vested Bonus, if any, + Terminal Bonus, if any
The total GLA payable in BALIC Elite Assure for a policy term of 25 years and PPT of 7 years is ________.
Nil
48%
33%
18%
Bajaj Allianz Elite Assure offers the maturity benefit in ________ cash installment options.
2
3
5
Not Available
In Bajaj Allianz Elite Assure, the Guaranteed Loyalty additions is _____ for 25 years policy term & premium paying term of 7 years.
77% of SA
77% of GMB
48% of GMB
48% of SA
In Bajaj Allianz Elite Assure plan the Guaranteed Loyalty Additions rate depends on ________ .
Premium paying term
Policy term
Both premium paying term and policy term
Sum Assured
Bajaj Allianz Elite Assure plan the minimum Guaranteed Maturity Benefit is ________
100000
500000
1000000
None of the above
The Compound Reversionary Bonus rate for FY 2015 in Bajaj Allianz Invest Assure plan is
Not declared yet
0.5%
2.75%
2.25%
The Terminal Bonus rate for FY 2015 in Bajaj Allianz Invest Assure plan is
Not declared
0.5%
2.75%
2.25%
Under the Invest Assure plan, Gold variant __________ are the PPT options for 20 years policy term.
5, 10 years
5, 7, 10 years
5,10,15 years
7,10,20 years
Policyholder has to pay _________ if opted for loan under Bajaj Allianz Invest Assure.
Only EMI
Only Interest
Premium + Interest
Premium + EMI
What will be paid on maturity if Policy Holder has opted for the loan however paid only premiums for the Bajaj Allianz Invest Assure Gold?
SA + Bonus
SA + Bonus – outstanding loan amount.
200% SA + Bonus – outstanding loan amount
Nothing will be paid
What is the rate of cash bonus declared in Bajaj Allianz Lifelong Assure for FY 2015
7%
3%
6%
None of the above
In Life Long Assure plan, for the minor life assured client below PPT is / are allowed.
10 years
15 years
20 years
None of the above
If the Death Benefit amounts to Rs 15,00,000 then what is the amount that will be payable under monthly instalment for a period of 10 years under Bajaj Allianz Lifelong Assure?
Rs 10,800
Rs 26,000
Rs 13,500
Rs 15,700
The Company may pay a terminal bonus under Bajaj Allianz Lifelong plan if the policy has completed _____________.
15 Years
10 Years
12 Years
5 Years
In Life long assure Cash bonus starts from end of _______
PPT
6th year
10th year
7th year
Under Bajaj Allianz Save Assure what are the policy term options available?
15 & 18 Years
5 & 10 Years
10 & 15 Years
15 & 17 Years
Mr. Milan Jawani, aged 38 years, has purchased Bajaj Allianz Save Assure plan for a Sum Assured of Rs. 10,00,000 with a Term of 15 years. What is the amount that he is going to receive on Maturity of the policy?
Rs 11, 50,000
Rs 10, 10,000
Rs 10, 50,000
Rs 10, 00,000
Mr. Rohan Gavaskar, has bought Bajaj Allianz Save Assure plan & he is now worried as to what would happen if the policyholder is unable to pay premiums due to certain reason. The sale person informs him that the policy can be revived; within
4 years from the date of first unpaid premium
3 years from the date of first unpaid premium
2 years from the date of first unpaid premium
1 years from the date of first unpaid premium
The Policy holder under Bajaj Allianz Save Assure Plan has the option to surrender the policy any- time after payment of_________________ premium
5 Years
3 Years
1 Year
2 Years
The Minimum Entry Age criteria for Bajaj Allianz Save Assure is:
0 Years
1 Year
18 Years
25 Years
In Young Assure plan the guaranteed addition paid is ________% of the GMB, for a premium payment term of 20 years.
90%
60%
45%
25%
Mr. Ravindra Jadeja liked the features of Bajaj Allianz Young Assure Plan and would like to know how can this plan benefitit him apart from the Guaranteed Additions, the sales person informed that he also can avail the maturity benefit in instalments over a period of ______, _______ & _______ years as per his choice.
3
5
7
8
In Young Assure plan the guaranteed addition paid is ________% of the GMB, for a premium payment term of 7 years.
25%
40%
60%
90%
Under Bajaj Allianz Young Assure Plan the life cover is up to the age of;
99 Years
100 Years
60 Years
70 Years
Mrs. Aishwarya Rai Bachhan liked the features of Bajaj Allianz Young Assure plan wants to purchase the plan for her daughter Aaradhya, but she is worried about the premium payment liability, the sales person informs him that the plan offers him flexibility to choose the premium payment term based on his pocket size.
10 & 15 years
10 & 20 years
12 & 15 years
15 & 20 Years
What type of product is Bajaj Allianz Future Gain Plan?
Future Gain Plan is a non-participating, individual, regular premium unit linked endowment plan
Future Gain Plan is a non-participating, individual, limited premium unit linked endowment plan
Future Gain Plan is a non-participating regular/limited premium unit linked endowment plan
Future Gain Plan is a non-participating, individual, regular/limited premium unit linked endowment plan
What is the minimum and maximum entry age for Future Gain Plan?
Minimum 0 year and maximum 60 years
Minimum 18 year and maximum 60 years
Minimum 1 year and maximum 60 years
Minimum 0 year and maximum 65 years
What is the choice of Policy Term available in Future Gain Plan?
Minimum 10 years and Maximum 30 years
Minimum 10 years and Maximum 25 years
Minimum 7 years and Maximum 30 years
Minimum 10 years and Maximum 40 years
What is the minimum and maximum premium paying term available in Future Gain Plan?
Minimum 5 years and maximum 40 years
Minimum 5 years and maximum policy term 30 years
Minimum 5 years and maximum 15 years
Minimum 5 years and maximum 10 years
What is the minimum and maximum maturity age under Future Gain plan?
Minimum 18 years and maximum 60 years
Minimum 18 years and maximum 65 years
Minimum 18 years and maximum 70 years
Minimum 18 years and maximum 75 years
The GMI starts from the ___________ in Income Assure Plan
4th year end
End of premium paying term
Beginning of premium paying term
End of policy term
The maturity benefit under Bajaj Allianz Income Assure plan is ________
Vested Bonus, if any, + Terminal Bonus, if any
Sum Assured
105% Sum Assure + Vested Bonus, if any, + Terminal Bonus, if any
GMI + Vested Bonus, if any, + Terminal Bonus, if any
The GMI is paid for _______in Income Assure Plan
114 months
10 years
144 months
15 years
The death benefit in Income variant is ____________ in income assure?
Higher of 10 times of annual premium OR Sum Assured plus Vested Bonus, if any, plus Interim Bonus, if any, plus Terminal Bonus, if any, subject to a minimum of 105% of the total premiums paid will be paid
Higher of 10 times of annual premium OR Sum Assured plus Vested Bonus, if any, plus Interim Bonus, if any, plus Terminal Bonus, if any, subject to a minimum of 105% of the total premiums paid will be paid less survival benefit paid.
(1) Vested Bonus plus Terminal Bonus, if any, will be paid immediately. (2) The sum assured on death will be paid as monthly income, over the next 144 equated monthly installments.
All are correct
For policy term of 22 years the premium paying term will be ____________ in income assure?
5/ 7/ 10/ 15 years
10 years
22 years
None of the above
How many variants are there in Future Wealth Gain?
1
2
3
4
How many choices are there for investment portfolio strategy in Future Wealth Gain?
1
2
3
4
In Future Wealth Gain from which year we get the Loyalty Additions?
5 yrs
10 yrs
15 yrs
20 yrs
Income benefit option is available in which variant in future wealth gain?
Wealth Plus
Wealth Plus Care
Both
None of the above
Which type of Plan is Future Wealth Gain?
ULIP
TRADITIONAL
PENSION
NONE OF THE ABOVE
