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Knowledge Assessment

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

Which type of plane is GMB??

a)

ULIP Plan

b)

Pension Plan

c)

Children Plan

d)

None of the Above

2.

How many types of additions are there in GMB ??

a)

1

b)

2

c)

4

d)

3

e)

None of the Above

3.

What is the percentage of Loyalty addition and how it will be given to customer in GMB Plan ??

a)

1% of SA for Policy Term

b)

2% of SA for Premium Paying Term

c)

2% of SA for Policy Term

d)

1% of SA for Premium Paying Term

e)

None of the Above

4.

What is Maturity in GMB plan ?

a)

Last Money Back + Loyalty Additions

b)

Loyalty Additions + Maturity Additions

c)

Last Money Back+ Maturity Addition

d)

Last Money Back + Loyalty Addition + Maturity Addition

e)

None of the Above

5.

What is the Policy term and Premium paying term available in the GMB paln ??

a)

15 , 20 and 05 , 07 , 10

b)

15 , 20 and 05, 07 , 10 , 15 , 20

c)

15 and 07 , 10

d)

15 , 20 , and 05 , 10

e)

None of the above

6.

What is the MAXIMUM AGE entry for Policy term 15 and 20 years in GMB Plan ??

a)

58 Yrs & 55 Yrs ( Of Last Birthday )

b)

58 Yrs & 50 Yrs ( Of Last Birthday )

c)

50 Yrs & 45 Yrs ( Of Last Birthday )

d)

58 Yrs ( Of Last Birthday )

7.

When customer can do surrender , if he takes 15 or 20 Yrs Policy term in GMB paln ??

a)

Fourth Year

b)

Second Year

c)

Third Year

d)

First Year

8.

When did customer will get the benefit of Guaranteed money back in GMB Plan ??

a)

11th , 12th , 13th , 14th and 15th of policy years

b)

16th , 17th , 18th , 19th and 20th of Policy Years

c)

Last Five years of the Policy term

d)

At the time of Maturity

e)

None of the above

9.

What are Premium Paying options available in GMB plan ??

a)

Limited

b)

Regular

c)

Single

d)

Limited / Regular

e)

None of the above

10.

What is the Key Benefit or USP's of GMB plan ??

a)

Wavier of Premium

b)

In Built Accidental Death Cover

c)

Higher Sum Assured

d)

Risk Coverage

e)

All the Above