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Worksheets

Knowledge Badshaw Nov 2020

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Which of the following is a step in the digital login to conversion process for Agency Channel?

a)

Guide the customer to close PCVC on the CHAT link sent by the PCVC team

b)

Get PCVC done on InstaVerify

c)

Get the application form Signed by the Customer

2.

Seema is 35 Years old.She has an annual income of Rs.30 Lakhs and spends Rs.10 lakhs on herself.Assuming the rate of intrest to be 8%, what would be Seemas HLV?

a)

Rs.2,50,00,000

b)

Rs.1,50,00,000

c)

Rs.3,00,00,000

3.

HDFC Life Classic One offers investment flexibility by offering ---------------------

a)

8 Fund options with a minimal charge of Rs.250 per switch

b)

9 Fund options with unlimited free switches

4.

What are the Key Objectives of Agency Life Program ?

a)

Skilling of FCs and FLS, Enhancing productivity and driving rigour in sales management

b)

Driving discipline among FCs and FLS, inculcating sales principles and practcing sellling skills

5.

What does the 13th month Persistency ratio indicate?

a)

Policyholders decision to continue their long term financial commitment and reap the benefits of Insurance

b)

Policyholders satisfaction with the service provided by in all these years

c)

Both

6.

The deduction of Charges in United Linked Insurance Plans will impact the yield.This is call as ------------

a)

Reduction in Yield

b)

Return on Investment

c)

Weighted Average return

7.

IN MGB Bounce Back Contest, what is the total payout if I activate 6 MBG fcs during 1st Oct'20 to 30th Nov'20

a)

Rs.18000

b)

Rs.24000

c)

Rs.44000

8.

Mr.Kumar wants to buy a Unit Linked Plan from HDFC Life.What will be the rates at which the Investment returns will be projected in the benefit Illustration?

a)

4% and 8% per annum

b)

4% and 6% per annum

c)

5% and 8% per annum

9.

What is the Cash rewared for getting 5 Licenses out of which 3 are active with Rs.20000 and 2 are active with Rs.10,000 in 30 Days of licesing withing 30 Days of licensing between 1st Oct to 31st Dec'20

a)

Rs.7500

b)

Rs.7000

c)

Rs.8500

10.

Which of the below statements is true?

a)

Critical Illness plus rider provides the sum assured to the life assured on being diagnosed of the critical illness and surviving at least for 30 days post diagnosis

b)

Critical Illness Plus rider provides the sum assured to the life assured immediately on being diagnosed of the Critical Illness

c)

nothing

11.

Mr.Gopal is a 43 Years old business man with an annual income of Rs.25 lakhs.He has an existing term cover of Rs.2 Crores with us.Now he wants to go with C2P 3D Plus to enhance his coverage. What will be the maximum Sum Assured allowed to Mr.Gopal in the new plan?

a)

Rs. 3 Crores

b)

Rs. 5 Crores

c)

Rs. 8 Crores

12.

Mr.Kiran has purchased Sanchay Par Advantage for 12 Years premium payment term and opts for accruing survival benefits.What is the additional benefit he will be getting?

a)

The acccured cash bonusues will be accumulated by Reverse Repo rate

b)

The acccured cash bonusues will be accumulated by Bank Intrest rate

c)

The acccured cash bonusues will be accumulated by Repo rate

13.

What are the 3 different options available in Protect Plus rider?

a)

Personal Accident Cover, Accidental Death Cover, Cancer Cover

b)

Accidental total disability, Accidental toal partial disbility, Cancer Cover

c)

Personal Accident Cover, Accidental Disability Cover, Cancer Cover

14.

Which of the following Option is not available in C2P Plus plan?

a)

Return of Premum Option

b)

Extra Life Option

c)

Income Option

15.

Mr.Kumar has taken C2P 3D Plus with 3D Life Option.Unfortunately he met with an accident and became permanently disabled, what benfit he will receiving?

a)

All future premiums waived off and policy continues

b)

Sum assured will be payed as Lump sum benefit plus monthly income of 10% on Sum assured till the end of policy term