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WorksheetsSanchay Plus
Total questions: 10
Worksheet time: 5mins
Return of Premium is available
Long term Income Option
Guaranteed Income Option
Guaranteed Maturity Option
Guaranteed Income Option for a customer whose age is 52 years takes up the Policy term of 11 years what is the Payout %age?
194%
189%
184%
188%
Minimum Age of Entry for Life long income Option is
5 years
7 years
18 years
50 Years
Discount rate of Future Payout is done at
4%
8%
9%
10%
For Life Long Income Option for a policy term of 13 years Payout % is?
124.6%
120%
126.5%
89%
Protect Plus Rider is Available with the Plan
True
False
Policy Revival Period is
4
5
3
2
Enhanced Benefit for a Rs 5 lacks and above premium in case of Long term income option is 2.5%
true
False
What % of annual Income would be paid to the customer in case he opts for Half Yearly mode of payout
98%
96%
94%
97%
in case of Death the death benefit is computed using the prevailing interest rates. payable to the nominee. Sum Assured on Death is the highest of: 10 times the Annualized Premium, or 105% of Total Premiums paid, or Premiums paid accumulated at an interest of 5% p.a. compounded annually, or Guaranteed Sum Assured on Maturity, or an absolute amount assured to be paid on death, which is equal to the Sum Assured.
True
False
