WorksheetsSanchay PAR Advantage & STAR
Total questions: 20
Worksheet time: 10mins
What is the maximum entry age in Immediate Income option of Sanchay Par Advantage Plan?
59
60
65
70
At which rate this plan offer accrued bonus?
Repo Rate
Reverse Repo Rate
Bank Rate
Saving Account Rate
For how many years Sanchay Par Advantage plan offer guaranteed survival benefit under Deferred Income option?
Whole Life
25 years
Till maturity
30 years
What are the PPT offered under Immediate Income option of Sanchay Par Advantage plan?
8,10,12,14
6,8,10
6,8,10,12
8,10,12
How many times we can accrue our Cash Bonus during policy term?
One time only
10 times during policy term
Any number of times
Cannot accrue
What is the maximum Enhanced benefit in case of High premium policies in Deferred Income option?
5% of Annual Premium
1.5% of Annual Premium
1% of Annual Premium
1.2% of Annual Premium
In Immediate Income Option Income starts:
After Premium Paying Term + 1 Year
After 1st Month of Issuance
No Income Available
Only Lumpsum at Maturity
Rahul, a client wants a plan which offers Capital Guarantee and some exposure in Equity, FLS explains him the portfolio of PAR fund. Select the correct answer
Central/state Govt. securities>=50% -- Housing and Infra >=15% Equities and other Approved Investment<= 35%
Central/state Govt. securities=50% -- Housing and Infra =15% Equities and other Approved Investment= 35%
Central/state Govt. securities<=50% -- Housing and Infra <=15% Equities and other Approved Investment<= 35%
Central/state Govt. securities>=50% -- Housing and Infra >=15% Equities and other Approved Investment= 35%
Ramesh wants a plan which offer Whole Life Income and Whole Life Cover, Is Sanchay PAR Advantage right product for him ?
True
False
What percentage of annual premium will be paid as guaranteed survival benefit under deferred option in case client age 45 years, PPT 10 years?
50.8%
27.5%
28.%
40%
Full form of STAR-
-Sales Team approval & Recognition
-Sales Team approval & Reward
-Sales Team appraisal & Reward
-Sales team appraisal & Recognition
STAR Parameters are-
-FYFP, SLG & Upsell
-SLG & Upsell, FYFP, C2P & Health, Persistency
-C2P & Health, Persistency, FYFP, Upsell
-Persistency, FYFP, SLG & Upsell
Star is a Standardized bi-annual
performance reviews program takes place in the months of April and
October-
True
False
Confirmation Targets for new
joiners on completion of 6 months is based on business target achievement
and L&D on-boarding test clearance-
True
False
Minimum received premium for a policy
to be considered under FYFP is-
2000
3000
4000
5000
FLS receiving 5P will not be included in relative rating calculation-
True
False
Full form of PIP-
- Performance initiative plan
- Performance individual plan
- Performance improvement plan
None of the above
FLS will receive a rating of 5P and Promotion on-
Achievement of 130% and above of Annual Target on all business parameters
Achievement of 130% and above of YTD Target on all business parameters.
Achievement of >=130% and above of YTD Target on all business parameters
Achievement of >=130% and above of Annual Target on all business parameters.
C2P
&C2P Plus: Minimum
required FYFP for a policy to be considered is-
10000
14000
9000
5000
Minimum required FYFP for a policy of Health - Cardiac
care, Health Combi, Cancer Care
& easy Health
to be considered is-
-1400+taxes
-1500+taxes
-2000+taxes
-2500+taxes
