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WorksheetsSanchay Plus
Total questions: 10
Worksheet time: 6mins
How many options are there in Sanchay Plus ?
5
4
3
6
Out of following option, Which is not correct option available for Sanchay Plus ?
Guaranteed Maturity Option
Guaranteed Income Option
Life Long Income Option
Long term income option
Guaranteed life long option
Sanchay Plus can be useful for
Legacy creation
Disability
In Guaranteed income option , 35 years individual pay 1 Lac Per Annum for 12 years and Get income every year after 13 years
209000
219000
214000
212000
which is not PPT in Guaranteed Maturity Option ?
5 Years
6 Years
10 Years
12 Years
On the maturity date, you shall have an option to receive the Guaranteed Sum Assured on Maturity, which shall be the present
value of future payouts, discounted at a rate of 9% p.a.
True
False
In Life Long Income option what is age of entry ? And till what age Guaranteed income is paid ? Select correct combination
45-60,99
50-60, 85
45-60,85
50-60, 99
A Lump sum shall be payable in case of death of Life Insured. The death benefit shall be
equal to Sum Assured on Death which is the highest of:, Find which is incorrect option ?
10 times the Annualized Premium
110% of Total Premiums paid
Premiums paid accumulated at an interest of 5% p.a. compounded annually
Guaranteed Sum assured on Maturity
an absolute amount assured to be paid on death, which is equal to the Sum Assured.
For life long income option , which pay out % is correct for 5 & 10 years respectively
30.5 % & 87 %
31 % & 87.5 %
30 % & 87.5 %
30.5 % & 86 %
in Long term income option, guaranteed income is paid for how may years ?
24 & 30 Years
26 & 30 Years
25 & 30 Years
25 & 31 Years
