WorksheetsLIC'S 65th Birthday Special Quiz
Total questions: 15
Worksheet time: 8mins
What is the maximum PWB rider that can be allowed in LIC?
No maximum limit
25 lacs
50 lacs
1 crore
How many individual insurance Pols and how many Group insurance are there with LIC of India as of the date (4.9.2021)?
30 Individual Plans and 10 group products
21 Individual Plans and 7 group products
31 Individual Plans and 8 group products
24 Individual Plans and 11 group products
A customer aged 50 years takes 915/25 for 10 lacs. He happens to die by Accidental after 22 years. Accidental death happened 26 days from the due date. The mode of payment was YLY
12.5 Lacs SA +Bonus accrued till the date of death
12.5 lacs SA +10 Lacs Accident Benefit SA+ Bonus accrued till the date of death
10 Lacs SA +Bonus accrued till the date of death
10 Lacs SA + 10 Lacs Accident Benefit SA + Bonus accrued till the date of death
23-year-old Software Engineer Girl wants to nominate her Father, mother, Brother aged 21 & Sister aged 19 with 25% Share each in her Policy.
Father & Mother can be nominated: Brother & Sister cannot be nominated as Parents are alive
Father & Mother can be given % Share Brother & Sister cannot be given % Share
Only 3 Nominees are allowed in a Life Insurance Policy
Such Nomination granting 25% granting 25% Share to Father, Mother, Brother & Sister is legally Valid today
In 915 & 945 Plans, when will AD&DB Rider cover cease?
Till Age 70 in 945 & till the end of PPT or Age 70 whichever co es earlier in 915
Till Age 75 or till the end of PPT whichever comes earlier in both the Plans
Till Age 100 as they both are in 1 way Whole Life Plans
Only during the Premium paying Term in 915 & till Age 70 in 945
After how many years, will the premium for Cancer Cover (905) be revised by LIC?
Once in 3 years, Premium would be reviewed. The New premium would be based on Current Age
Once in 5 years, Premium would be reviewed. The New prem would be based on entry Age during DOC
Once in 5 years, Premium would be reviewed. The New premium would be based on Current Age
Once in 3 years, Premium would be reviewed. The New prem would be based on entry Age during DOC
Resident Software Engr ( Age 33) wishes to take 855 for himself & his Spouse ( Housewife). His Elder Brother is an NRI Engr (Age 36) residing in the US who to wishes to take 855 for himself & his Spouse ( Housewife). They are in India now
Both the Lady Lives can be granted Jeevan Amar subject to usual matching insurance rules
Indian Housewife can be granted Jeevan Amar but NRI Housewife cannot be given.
Both the Lady Lives cannot be granted, Jeevan Amar
Indian Housewife can be given now. US Lady can be granted only after 15 days of landing in US
A Policy Holder discontinued his 915/25 Policy after paying a premium for just 7 years. He happened to die at 23rd year.
Paid-up Sum Assured
Paid-up SA + Vested Bonus
Higher of Paid-up SA + Vested Bonus (or) Surrender Value
Surrender Value
What is the time frame to complete eNACH initiation by Customer in our Portal www.licindia.in?
17 days from the date of completion of Policy
15 days from the date of completion of Policy
7 days from the date of completion of Policy
12 Days from the date of completion of Policy
What is Jeevan Saakshya
New Whole-Life Plan of LIC which is likely to be launched during September
New Chatbot for ONLINE Customers
New App for uploading Digital Life Certificate
New Ltd Payment MoneyBack Plan to be Lanched During September
Currently, how many Products can be purchased ONLINE in LIC's Website?
9
7
8
6
When LIC was started in the year 1956, How many Central Offices, Zonal Offices & Divl Offices were Originally created as per LIC Act?
1 Central Office, 5 Zonal Offices, 33 Divl Offices
1 Central Office, 4 Zonal Offices, 21 Divl Offices
1 Central Office, 3 Zonal Offices, 16 Divl Offices
1 Central Office, 6 Zonal Offices, 38 Divl Offices
In how many Countries, LIC of India is having its Overseas Operations
8
12
14
9
MDRT First Year Commission Target
10,34,200
7,43,200
7.34,200
7,56,200
Current LIC's Chairmen's Name
Shri. Pankaj Jain
Shri M.R.Kumar
Shri. Mukesh Kumar Gupta
Ms. Padmaja Chunduru
