WorksheetsOther Banca Sanchay Series
Total questions: 20
Worksheet time: 9mins
What kind of plan HDFC Life Sanchay is?
Non-participatory Endowment Plan
Participatory Endowment Plan
Term Plan
What is the highest guaranteed benefit offered in Sanchay?
180% of Sum Assured
200% of Sum Assured
225% of Sum Assured
460% of Sum Assured
What is the Guaranteed Addition offered for Policy term ranging from 15-19 years
5%
3%
4%
8%
Mr. Sudhir is looking for pure protection plan, can you pitch him HDFC Life Sanchay?
Yes
No
What is the Guaranteed Addition offered if the customer chooses policy term ranging from 20-25 years
6%
8%
9%
10%
What are the different PPT's available in HDFC Life Sanchay?
5 years
8 years
10 years
6 years
All options
Mr. Jha is due to retire in 5 years and wants a plan that will give him regular income till he is alive + a corpus as a gift for his daughter, Which option of Sanchay Plus will suit him?
Guaranteed Income Option
Life Long Income Option
Which option of Sanchay Plus doesn't have ROP benefit?
Life Long Income Option
Guaranteed Income Option
Long Term Income Option
Mrs. Jadhav is 51yrs old and is looking for an guaranteed, tax free pension plan till she is alive, which option of Sanchay Plus will be suitable for her?
Guaranteed Income Option
Long Term Income Option
Life Long Income Option
Mr. Mehta have choosen Guaranteed Income Option, he wants to know what will happen in case of his death during payout period?
Lumpsum death benefit will be paid to nominee
Nominee will continue receiving the payouts
50% of Death benefit will be paid lumpsum and 50% will be paid as income to nominee
What are the basic feature of Sanchay Plus Plan?
Guaranteed Income
Moneyback plan
Tax free Returns
All the options are correct
Enhanced Benefit under Sanchay Plus Plan is available for annual premiums above?
2 lacs
1.5 lacs
50k
10 lacs
In Sanchay Par Advantage, if a father is proposing the plan for a minor child, who will receive the cash bonus?
The Minor Child
The Father
Cash Bonus will be paid to the joint account holders (Father and child)
Cash bonus will be paid to the proposer; once the child attains the age 18 then the cash bonus will continue to the child.
What are the two options available in Sanchay Par Advantage Plan?
Immediate Annuity and Deferred Annuity
Immediate Income and Deferred Income
Immediate Payout and Deferred Payout
Only One option is available
In deferred income option, the Guaranteed income is paid along with Cash bonus for how many years?
No Guaranteed Income is available in this option
For the entire policy term
For 25 years
For 20 years
In case the customer want to accrue the cash bonus, at what rate the accrual grow compoundly?
At FD interest rate
At Bank Savings account interest rate
At Reverse Repo Rate
At 8%
What are the Premium paying terms available in Sanchay PAR Advantage – Deferred Option?
6, 8, 10 & 12 Years
8, 10 & 12 Years
10 to 30 Years
Policy Term – 5 Years
In Sanchay Par Advantage Insurance Cover runs upto
Premium Paying Term
Premium Paying Term+1 Year
Till Age 99
Till Age 100
What is the minimum entry age in HDFC Life Sanchay Par Advantage?
30 days in both options
30 days in immediate income option & 18 years in deferred income option
30 days in deferred income option & 18 years in immediate income option
5 years in both options
What is the maturity benefit in Sanchay Par Advantage?
ROP with Terminal Bonus and the last year cash bonus (along with any unpaid accrued cash bonus)
ROP
ROP and Simple reversionary bonus
Sum Assured only (as already bonuses are paid in hands)
