WorksheetsTele sales assessment
Total questions: 22
Worksheet time: 11mins
HDFC Life Sanchay Plus gives guaranteed income payout till the age of ___ years
65
99
75
85
HDFC Life Sanchay Plus provides 100 % tax free Income payouts under the which prevailing tax laws ?
U/S 80 C
U/S 10(10 D)
U/S 80 D
U/S 80CCC
In HDFC Life Sanchay Plus Cash flows remain ‘fixed throughout the chosen time’ period irrespective of changes in market conditions
TRUE
FALSE
Sanchay Fixed Maturity Plan has a flexible policy term of ___.
10 to 40
25 to 30
10 to 20
10 to 30
Raghav is 55 year old customer want to invest 10 lac one time suggest him a product?
Systematic Retirement Plan
Sanchay FMP
Sanchay Plus
Systematic Investment Plan ( SIP)
customer needs a guaranteed income for entire life which Plan options you will suggest?
Sanchay Par Advantage
sanchay plus- Guaranteed Maturity
sanchay plus- Guaranteed income
what is the maximum enrty age in Sanchay Fixed Maturity plan?
50
60
65
70
what is the maximum entry age in sanchay plus?
50yrs
60 yrs
65
55
What is the minimum entry age in Guaranteed Maturity Option ( Sanchay Plus ) ?
5 Years
90 days
30 days
18 Years
what is the minimum age entry Criteria in SRP?
18 Years
30 Years
45 years
50 years
What is the Deferment Period available in SRP?
5-15 years
0-15 years
0-5 years
0-10 years
Mr. Dinesh Acharya, 45 year old engineer is married and has two children who are studying in primary school. He purchased HDFC Life Sanchay Plus with the Guaranteed Income Option for an 11 year term to have an additional income to fund his children's college education. How will he receive the maturity payout? Select the correct answer from the list below
He will receive a guaranteed income from end of 11th year to the 25th year (i.e. for 15 years). During this period he also has an option to take the future payouts as a lump sum to meet any financial contingency.
He will receive a guaranteed income from end of 12th year to the 21st year (i.e. for 10 years). During this period he also has an option to take the future payouts as a lump sum to meet any financial contingency.
He will receive a lump sum payout at the end of the 11th year.
Mr. Nikhil Menon, 52 year old businessman, had purchased HDFC Life Sanchay Plus with the Life Long Income Option for the term of 6 years. During the 4th policy year he met with an accident and passed away. His wife was the nominee in the policy. What benefit will she receive under the policy? Select the correct answer from the list below.
The guaranteed income till the end of the payout period, with the option to take the future payouts as a lump sum.
The guaranteed income payout for the next 25 years.
The sum assured on death.
The guaranteed annual payout until the 30th year, with the option to take the future payouts as a lump sum.
Mr. T N Mutthuswamy purchased HDFC Life Sanchay Plus with the Long Term Income Option for 11 year term. His daughter was the nominee in his policy. The policy matured and he was receiving annual payouts. During the 20th payout year he fell ill and passed away. What benefit will his daughter receive under the policy? Select the correct answer from the list below.
The sum assured on death.
The guaranteed annual payout until the 30th year, with the option to take the future payouts as a lump sum.
The guaranteed annual payout until the 36th year and a return of premiums at the end of the payout period, with the option to take the future payouts as a lump sum.
Mr. Darsheel Samant had purchased Sanchay Plus with the Long Term Income Option for a 6 year term. His wife was the nominee in the policy. During the 15th policy year he passed away. His wife wanted to take the future payouts as a lump sum. Can she do so? Select the correct answer from the list below.
Yes, she can take the future payouts as a lump sum under this plan option.
No, the future payouts under this plan option are payable only as a regular income to the nominee as per the frequency chosen by the policyholder.
No, she will not get any future payouts under this plan option once the life assured passes away.
Ms. Amrita Kadayam had purchased Sanchay Plus plan with the Long Term Income Option. Will he receive the Return of Premium at the end of the payout period? Select the correct answer from the list below.
Yes. Life Long Income option and Long Term Income option gives Return of Premium at the end of the payout term.
Yes. Guaranteed Income option and Long Term Income option gives Return of Premium at the end of the payout term.
No. Guaranteed Income Option and Life Long Income option gives Return of Premium at the end of the payout term.
HDFC Life Systematic Retirement Plan allows a prospect to start small and save consistently for retirement. Identify whether the above statement is true or false.
TRUE
FALSE
Which opportunity does HDFC Life Systematic Retirement Plan allow to a customer with limited capital? Select the correct answer from the list below.
To opt for premium payment and deferment period options of less than 5 years and derive additional annuity
To purchase an annuity without investing large capital which is facilitated through limited premium payment feature and premium payment options
In HDFC Life Systematic Retirement Plan, death benefit is payable after deferment in __________. Select the correct answer from the list below.
Life annuity option
Life Annuity with ROP option
Both the plan options
HDFC Life Systematic Retirement Plan gives you the option to plan your income if you want to retire early in life. Identify whether the above statement is true or false.
TRUE
FALSE
HDFC Life Systematic Retirement Plan can be given to a customer within 24 hours and without medicals, subject to closure of Further Requests (FRs), if any. Select the correct answer from the list below.
TRUE
FALSE
dentify the group of people who can opt for HDFC Life Systematic Retirement Plan on behalf of their parents and pay a part of their premium regularly to create a retirement kitty for them. Select the correct answer from the list below.
Pre-retirees - 45 to 54 age group
Breadwinners - all age groups
Early adopters - 35 to 44 age group
