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WorksheetsSRS Quiz
Total questions: 10
Worksheet time: 8mins
What is the maturity benefit in SRS Life Plus option?
Return of total paid premium including GST
Return of total paid basic premium
105% of Total paid Basic Premium
105% of total paid premium including loading
Life Stage option is available in
Regular premium
Limited premium
Single premium
In all
A person aged 50 can buy 45 years term in SRS Life option.
True
False
Premium payment term of 35 years with policy term of 40 years can be bought under SRS Life Option for a person aged 35.
True
False
Premium payment term of 35 years with policy term of 40 years can be bought under SRS Life Plus Option for a person aged 35.
False
True
Reduce paid up option is available in SRS Life option.
After 2 years premium payment
After 3 years premium payment
After 5 years premium payment
Never
Reduce paid up option is available in SRS Life Plus option.
After 2 years premium payment
After 3 years premium payment
After 5 years premium payment
Never
In SRS Life Plus option RPU is available in limited pay but not in regular pay.
True
False
Minimum & maximum policy term in SRS Life option under limited pay is
10 & 80
10 & 82
18 & 50
10 & 50
Minimum & maximum policy term in SRS Life Plus option under limited pay 10 is
10 & 40
10 & 80
10 & 82
15 & 40
