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WorksheetsYoung Star Udaan Quiz
Total questions: 20
Worksheet time: 9mins
Mr Vijay 40 yrs old Bank employee wants a Child Education plan, He require a Lump sum Maturity along with Premium Waiver benefit? Which plan option is suitable for him?
Career with Classic
Academia with Classic Waiver
Aspiration with Classic Waiver
Mr Verma buy YoungStar Udaan for his Child education but he wants to know about death benefit under Classic Waiver option, Kindly select a right option?
Basic Death benefit + Accrued Guaranteed Addition + Bonuses, if any
Basic Death Benefit + All future premiums are not required to paid
All future outstanding premiums under the policy will be waived
Ms Shikha 30 Yrs old working in MNC she wants to cover her child Tuition fee along with a Lump sum Maturity which option is suitable for her child ?
Academia
career
Aspiration
Ms Sakshi wants to buy a Children Plan for her child who is 1 yr old what she has a limited capacity to pay that is 15 yrs, Is she can buy our YoungStar Udaan Plan with Aspiration Option ?
YES
NO
Mr Sharma 33 yr old buys YoungStar Udaan Plan under a 7 yrs PPT and 18 yrs PT, How much GA he can accrue every year?
3%
4%
No GA
How much Reversionary bonus accrued for YoungStar Udaan during 2019-20 for 15 to 19 yrs PT?
3%
4%
3.5%
How much Guaranteed Addition will receive on maturity under Aspiration for 19 yrs PT?
3%
15%
5%
Mr Venu buys YoungStar Udaan Academia option for his child education he opts 7 yrs PPT, 25 yrs PT and Rs 50,000 premium, how much GA he accrues?
5%
25%
No GA
Mr shah buy YoungStar Udaan with 10 yrs PPT & 20 yrs PT , but he pays premium only for 5 yr and unfortunately he needs a loan on this policy ,policy is in paid up state, can he avail policy loan or not ?
YES
NO
Mr Arora buy YoungStar Udaan with Aspiration for his child marriage SA 10,00,000/-, Can he avail high SA rebate ?
YES
NO
Youngstar Udaan is a _______________ plan?
Traditional
Participating
with Accrued Bonuses payable at maturity
All of the above
Youngstar Udaan offers _________________ benefits?
a) Moneyback
b) Endowment
Both a) and b)
Neither a) nor b)
Which is not a Premium Payment Term option under Youngstar Udaan?
7 years
10 years
PT minus 5 years
Single Premium
Guaranteed Additions rate offered for 15 to 19 yrs PT is ___% and for 20 to 25 yrs PT is ___%.
2%; 4%
3%; 4%
3%; 5%
4%; 5%
2 Death Benefit Options under Youngstar Udaan are __________ and ___________.
Classic and Classic Waiver
Classic and Classic Plus
Classic Plus and Classic Waiver
Classic One and Classic Plus
How many moneyback payouts do we have in Academia and Career options before maturity?
12
10
8
5
The first payout under Academia option is ___%, followed by ___%.
12.5%; 8%
40%; 15%
30%; 15%
15%; 40%
The last payout upon maturity under Career option is ___%.
15%
30%
35%
40%
Can we take loan against Youngstar Udaan policy?
Yes
No
Maybe
Can't say
SMQ in YoungStar Udaan is applicable on which age category?
18-44
18-45
18-50
18-55
