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Worksheets

Sanchay Par ....apaar

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Maximum Entry age for sanchay par advantage

a)

55

b)

60

c)

62

d)

65

2.

Minimum Sum Assured under sanchay par advantage

a)

3 lacs

b)

2.5 lacs

c)

2 lacs

d)

3.5 lacs

3.

Payout continues to beneficiary even after the death of the insured.

a)

True

b)

False

4.

Sanchay par provides various combination of bonuses

a)

Cash bonus,Terminal bonus, reversionery bonus

b)

Cash bonus,terminal bonus ,interim bonus ( if declared)

c)

Reversionery bonus ,terminal bonus & interim bonus.

5.

Under the deferred income option guaranteed payout is provided upto

a)

25 yrs

b)

PPT

c)

Till 100 yrs

d)

No guaranteed payout.

6.

Immediate income also provides guaranteed payouts with cash bonus in sanchay par

a)

True

b)

False

7.

Payouts under sanchay par can be deferred/accrued during

a)

Login /inception

b)

Any time

c)

Only ppt

d)

Only during payout

8.

Payout If deferred/accrued are compounded on the basis of following rate

a)

Bank rate

b)

Repo rate

c)

Reverse Repo Rate

d)

F D Rate

9.

Loan can be provided to the insured for a value upto

a)

80 % of Surrender Value

b)

80% of sum Assured

c)

60% of Surrender Value

d)

90% of Surrender value

10.

Will insurance cover continue even if the customer opts for loan

a)

Yes

b)

No cover

c)

Only till 1st year of loan

d)

Optional to customer