WorksheetsBALIC POS Goal Suraksha Plan
Total questions: 15
Worksheet time: 13mins
Minimum & Maximum entry age allowed in the POS Goal Suraksha plan are________.
18 to 55 years
18 to 60 years
07 to 70 years
01 to 60 years
Does Bajaj Allianz POS Goal Suraksha plan have the option to change the premium payment frequency?
Yes
No
How do we calculate the issue age for the policyholder under the POS Goal Suraksha plan?
Age Near Birthday
Age Last Birthday
Age Next Birthday
None of them
What is the Maximum Sum Assured allowed in the POS Goal Suraksha Plan?
1 Lac
7 Lac
5 Lac
10 Lac
What is the minimum policy term option available in POS Goal Suraksha Plan?
5 years
10 years
15 years
20 years
Choose the correct option available for the death benefit in POS Goal Suraksha Plan.
Sum Assured on Death + Guaranteed Addition
Sum Assured on Death
Only Guaranteed Additions
None of the above
What is the maturity benefit in POS Goal Suraksha Plan?
Sum Assured on maturity plus Guaranteed additions
Total premium paid
Sum Assured on maturity + Guaranteed Addition + Total premium paid
None of the above
What is the minimum modal premium for the yearly mode?
450
1,250
2,100
3,000
Suppose, Mr Ranbir Kapoor's POS Goal Suraksha Plan issued on 1st Aug 2018 and unfortunately, he died in an accident within 30 days from the commencement date.
What would be the death benefit for Ranbir's nominee?
Sum Assured Death
Sum Assured Death + Guaranteed Addition praposnately
100% of the premium paid
100% of the premium paid excluding extra premium & Goods & Service Tax if any will be paid
Suppose, Mr Ranvir Singh's POS Goal Suraksha Plan issued on 1st Aug 2018 and unfortunately, he died due to the heart attack within 30 days from the commencement date.
What would be the death benefit for Ranvir's nominee?
Sum Assured Death
Sum Assured Death + Guaranteed Addition proportionately
100% of the premium paid
100% of the premium paid excluding extra premium & Goods & Service Tax if any will be paid
Choose the correct statement for POS Goal Suraksha Plan.
It is a single premium plan
Minimum Sum Assured allowed are 40,000
It is a non-medical plan
None of the above
Guaranteed additions are a multiple of one annualized premium and will be paid on death or maturity whichever is earlier.
True
False
Surrender benefit will be available under the policy if at least 2 full years premium have been paid under the policy with PPT less than 10 years.
True
False
What is the maximum premium allowed in the plan?
1,00,000
50,000
10,00,000
1,000
SA would be the _______ of the annualised premium.
5 Times
10 Times
7 Times
2 Times
