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sanchay FMP

Total questions: 11

Worksheet time: 9mins

Name
Class
Date
1.

Mr. Satheesh aged 35 takes a Sanchay FMP with a annual Premium of 1 Lakh and a PPT of 5 Years . Due to a emergency has requires the money in the 3rd year . Is it possible for him to get 100% of Paid Premiums back.

a)

Yes as Sanchay FMP has a Inbuilt Feature of no Surrender Value.

b)

No Surrender value only will be payable

2.

What is the Maximum Premium Paying Term for Sanchay FMP ?

a)

10

b)

15

c)

20

d)

40

e)

25

3.

What is the Main Highlights of Sanchay FMP Single Premium ?

a)

No Surrender Penalty

b)

Joint Life cover possible

c)

Guaranteed Additions added every year

d)

All of the Above

e)

Age Agnostic IRRs

4.

Mr Arul wants to take Sanchay FMP for his 2 year old son . He wants to take a single premium of 2 Lakhs with a policy term of 15 Years . Can he opt for this.

a)

Yes the Plan offers Flexibility.

b)

No this is not possible.

5.

What are the Riders that a client can take with Sanchay FMP ?

a)

Protect Plus Rider

b)

Income Benefit on Accidental Disability

c)

Critical illness plus rider

d)

Waiver of premium rider

e)

all of the Above

6.

Mr. Shayam wants to invest in Sanchay FMP he wants to take PPT of 14 years and PT of 20 years can he take.

a)

Yes

b)

No

7.

Mr. A Wants to take a PPT of 7 years and PT of 14 years can he take this combination.

a)

No

b)

Yes

8.

What is the maximum entry age in Immediate Income option of Sanchay Par Advantage Plan?

a)

60

b)

65

c)

70

d)

55

9.

For how many years Sanchay Par Advantage plan offer guaranteed survival benefit under Deferred Income option?

a)

Till maturity

b)

25 years

c)

30 years

d)

Whole life

10.

What are the PPT offered under Immediate Income option of Sanchay Par Advantage plan?

a)

6,8,10,12

b)

8,10,12,14

c)

8,10,12

d)

6,8,10

11.

How many times we can accrue our Cash Bonus during policy term?

a)

10 times a day

b)

Any number of time

c)

No can't accrue