WorksheetsKnowledge Check
Total questions: 10
Worksheet time: 5mins
What type of plan is ABSLI Akshay Plan?
Non-participating, non-linked
Participating, non-linked
Unit-linked, participating
Non-participating Linked
What is the minimum entry age in ABSLI Akshay Plan?
18 years
1 year
30 days
5 years
What is the maximum entry age for this plan?
65 years
60 years
50 years
55 years
What is the minimum policy term in the Akshay Plan?
10 years
15 years
25 years
20 years
Which bonus is applicable in this plan?
Reversionary Bonus and Terminal Bonus
Guaranteed Additions
Loyalty Bonus only
Cash Bonus
Is loan facility available in the Akshay Plan?
No
Yes , after 1 policy year
Yes, anytime during policy term
Only in last 5 years
What is the death benefit payable in Akshay Plan?
Gauranteed Lumpsum
Higher of Sum Assured or 105% of premiums paid + bonuses
Fund value
Only paid premiums
What is the maximum maturity age under this plan?
75 years
85 years
100 years
65 years
What is the payout frequency of income benefit?
Yearly
Half-yearly
Quarterly
All of the above
What is the minimum annual premium for Akshay Plan?
10000
30000
24000
50000
