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Max Product Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the min/max entry age of SSP Term Plan?

a)

18-60 Years

b)

18-65 Years

c)

91 days-60 Years

d)

91 days-65 Years

2.

Under SWAG plan how many variants are available?

a)

Early Wealth

b)

Long Term Wealth

c)

Life Long Wealth

d)

All of the above

3.

What is the full form GLIP plan?

a)

Guaranteed Life Time Plan

b)

Guaranteed Life Income Plan

c)

Guaranteed Life Long Plan

d)

Guaranteed Life Time Income Plan

4.

Under SSPP term plan what are the payment options available?

a)

Single Pay

b)

Regular Pay

c)

Limited pay

d)

PT 60

e)

All of the above

5.

In early wealh variant of SWAG plan how much income customer will get if he invests Rs. 2L per annum for next 30/40 years?

a)

Rs.20000 per annum for next 30/40 years+ Maturity Benefit

b)

Rs.40000 per annum for next 30/40 years+ Maturity Benefit

c)

Rs. 200000 per annum for next 30/40 years+ Maturity Benefit

d)

Rs.400000 per annum for next 30/40 years+ Maturity Benefit

6.

Under GLIP for how many years you will get annuity under Joint Life Option?

a)

Till the death of 2nd Annuitant

b)

Till the death of 1st Annuitant

c)

None of the above

d)

Both of the above

7.

What is the full form of IRDAI?

a)

Insurance Development & Regulatory Authority Limited

b)

Insurance Development & Regulatory Authority of India

c)

Insurance Regulatory & Development Authority of India

d)

Insurance Regulatory & Body of India

8.

Under Long term wealth variant of SWAG plan for how many years customer can take income ?

a)

10/ 15/20 years

b)

15/20/25 years

c)

20/30/40 years

d)

20/25/30 years

9.

SWAG Plan offer following benefits?

a)

Flexibility to decide PPT/ income period / Deferment Period

b)

Life Long Protection

c)

100% Guaranteed & Tax Free returns

d)

All of the above

10.

SWP Lumpsum plan is availble for which age group?

a)

18 - 60 Years

b)

91 Days - 60 Years

c)

91 Days - 65 Years

d)

18 Years - 65 Years