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WorksheetsSanchay Par ....apaar
Total questions: 10
Worksheet time: 5mins
Maximum Entry age for sanchay par advantage
55
60
62
65
Minimum Sum Assured under sanchay par advantage
3 lacs
2.5 lacs
2 lacs
3.5 lacs
Payout continues to beneficiary even after the death of the insured.
True
False
Sanchay par provides various combination of bonuses
Cash bonus,Terminal bonus, reversionery bonus
Cash bonus,terminal bonus ,interim bonus ( if declared)
Reversionery bonus ,terminal bonus & interim bonus.
Under the deferred income option guaranteed payout is provided upto
25 yrs
PPT
Till 100 yrs
No guaranteed payout.
Immediate income also provides guaranteed payouts with cash bonus in sanchay par
True
False
Payouts under sanchay par can be deferred/accrued during
Login /inception
Any time
Only ppt
Only during payout
Payout If deferred/accrued are compounded on the basis of following rate
Bank rate
Repo rate
Reverse Repo Rate
F D Rate
Loan can be provided to the insured for a value upto
80 % of Surrender Value
80% of sum Assured
60% of Surrender Value
90% of Surrender value
Will insurance cover continue even if the customer opts for loan
Yes
No cover
Only till 1st year of loan
Optional to customer
