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Product Quiz

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is the GBI that is payable in Super Income Plan?

a)

8% to 12.5% of Premium

b)

8% to 12.5% of SA

c)

8% to 10% of SA

d)

12.5% to 15% of SA

2.

During Payout Period in Super Income Plan, Payout will not be deducted from death Benefit in case of death of Customer.

a)

True

b)

False

3.

Minimum Annual Premium with out tax in Super Income Plan is..

a)

12000

b)

15000

c)

20000

d)

24000

4.

What is the Maximum SA allowed under Limited Underwriting?

a)

2 lac

b)

20 lac

c)

50 lac

d)

1 crore

5.

In Addition to Bonuses, what are the Guaranteed Additions during 1st 5 years in Sampoorn Samriddhi Plus?

a)

5% to 10% of SA

b)

3% to 5% of SA

c)

4% to 6% of SA

d)

5% to 8% of SA

6.

ADB is In built option in Sampoorn Samriddhi Plus..

a)

True

b)

False

7.

Mr. Patel want a plan which will protect his next generation and also he will get Maturity Benefit. Which plan you will suggest?

a)

Super Income

b)

Uday

c)

Sampoorn Samriddhi Plus

d)

C2P 3D +

8.

What is death Benefit in Sampoorn Samriddhi Plus plan?

a)

SA

b)

Higher 105% of premium paid or SA

c)

Higher of 105% of premium paid or 10 times of annual premium

d)

Higher of 10 times of annual Premium or SA or 105% of premium paid till death

9.

What is Minimum Entry Age in Super Income plan for 16 years term?

a)

30 Days

b)

2 Years

c)

90 Days

d)

18 Years

10.

High SA rebate in Sampoorn Samriddhi Plus having more then 5 Lac SA is...

a)

7.5%

b)

6.5%

c)

5.5%

d)

3%

11.

Guaranteed Addition in SS+ having Policy term range 20-24 yrs is

a)

3%

b)

5%

c)

4%

d)

8%

12.

What is Death Benefit in Super Income plan if death occurs in payout Period?

a)

SA on Death

b)

SA on Death plus Bonus

c)

SA on Death Plus Bonus minus payouts

d)

Higher of SA or 10 * Annual Premium

13.

In Super Income Plan what is High SA rebate available if SA is 8 lac and above?

a)

.5 per 1000 SA

b)

1 Per 1000 SA

c)

2 Per 1000 SA

d)

3 Per 1000 SA

14.

In SS+ Plan what is High SA rebate available if SA ranges between 3 - 5 lac ?

a)

3 Per 1000 SA

b)

4 Per 1000 SA

c)

5 Per 1000 SA

d)

None of the Above

15.

Mr. Shah, a businessmen is having SA 5 Lac in SS+ plan having premium 48000 Rs. with Policy term as 20 years. Bonus added to policy is 2.5 lac. What will be the death benefit if he dies in 9th year due to accident?

a)

12.5 lac

b)

10 lac

c)

5 lac Plus Bonus

d)

9.8 lac Plus bonus