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WorksheetsHDFC Life Pragati
Total questions: 20
Worksheet time: 10mins
HDFC Life Pragati is a -------------- Product
Low ticket size PAR product
High ticket size PAR product
ULIP Product
Non PAR product
Policy can be converted by completing --------------
Short medical questionaire
PCVC ( Pre conversion verification calling )
DOGH( Declaration of Good Health )
Medical tests
Auto Cover Continuance is available for--------- years after last unpaid premium
1 year
2 years
3 years
5 years
Policy term available for regular premium pay is
10 yrs to 20 yrs
5 yrs to 20 yrs
15 yrs to 20 yrs
8 yrs to 20 yrs
Min entry age in this policy is --------
18 yrs
22 yrs
30 months
8 yrs
Annual premium as low as Rs 5000 is available in this policy
True
False
Neither true nor Flase
No comments
What is the maturity benefit available if customer survives the policy term ?
Sum assured on maturity Plus accrued bonuses
100% of all premiums paid
Higher of option 1 and option 2
None of the above
What are the parameters considered for Death benefit calculation?
Sum Assured on Death
105% of all premiums paid
10 times of Annual premium ( age <45 )
All the above
The policy shall acquire a Guaranteed Surrender Value (GSV) in 10 year policy term if
Premium is paid at least for 3 years
Premium is paid at least for 5 years
Premium is paid at least for 1 year
Premium is paid for full premium payment term
Auto Cover Continuance is available for ------- years
2 years
3 years
4 years
5 years
Can a customer revive the policy during auto cover continuance period ?
Yes
No
Yes ,but on certain conditions
No,but on certain conditions
What will happen if Customer Stops paying premiums after 1 installment due to financial problems ?
Policy is foreclosed
Policy becomes paid up
Policy will be in Auto cover period for 2 yearsafter which policy continues
Policy will be in Auto cover period for 2 years after which he receives total premiums paid at the end of the policy term
Does this policy has loan facility ?
Yes
No
Yes ,but on certain conditions
No,but on certain conditions
Maximum entry age in this policy is
75 yrs
55 yrs
65 yrs
50 yrs
What is the Min and Max premium payment term available for regular pay option ?
5 yrs to 15 yrs
5 yrs to 20 yrs
1 yr to 10 yrs
5 yrs to 10 yrs
What is DOGH ?
Destination of Good Health
Declaration of Good Hope
Devastation of Good Hope
Declaration of Good Health
What is paid up ?
The Sum Assured on Death / Maturity shall be reduced by multiplying the Sum Assured on Death / Maturity by the ratio of the premiums paid to the premiums payable under the policy
The Sum Assured on Maturity shall be reduced by multiplying the Sum Assured on Maturity by the ratio of the premiums paid to the premiums payable under the policy
The Sum Assured on Death shall be reduced by multiplying the Sum Assured on Death by the ratio of the premiums paid to the premiums payable under the policy
The Sum Assured on Death / Maturity shall be increased by multiplying the Sum Assured on Death / Maturity by the ratio of the premiums paid to the premiums payable under the policy
The loan amount will be subject to maximum ------- of the surrender value
100%
80%
60%
30%
What is the lowest annual premium available in this policy ?
Rs 5000
Rs 10000
Rs 900
Rs 1000
What are the Income groups targeted for this policy ?
Middle Income group
Low income Group
High Income Group
Low and Middle Income Group
