WorksheetsELI-ABP Channel
Total questions: 17
Worksheet time: 13mins
If Chosen at Inception, the Immediate Income Option of HDFC Life Sanchay Par Advantage offers payouts next month onwards.
True
False
Ms. Amrita Kadayam had purchased Sanchay Plus plan with the Long Term Income Option. Will she receive the ROP at the end of the payout period?
Yes. Life Long Income option and Long Term Income option gives Return of Premium at the end of the payout term.
No
What will be the death benefit if the customer dies during the payout period under the Long term income option of Sanchay Plus ?
105% of paid premium
Nominee will get income for remaining years of the payout period
What are the plan options in Click 2 Protect Super
Life Option
Life Plus Option
Life Goal Option
All 3
What variants are available under life option of Click 2 Protect Super
Variant A – Level Cover
Variant B – Increasing Cover by 10% every 5 years
Variant C – Increasing Cover by 5% every subsequent year
Life Plus Option
Life Goal
All 3
Increasing Life Cover under C2P Super – Life option Variant B and C-The policyholder will have the option to increase the Sum Assured on Death up to 200%
True
False
Under C2P Super – Life Plus option-The policyholder gets a comprehensive cover for death, that will be accelerated upon diagnosis of Terminal Illness and Accidental death cover equals to double the Sum Assured on Death
True
False
Under C2P Super –Life Goal option-The policyholder gets a level cover, i.e. the coverage remains constant for the chosen period and then, the coverage starts decreasing
True
False
With “HDFC Life Click 2 Protect Super – Life Goal option” where the coverage is reducing ,the advantage is premiums would be lower than level cover
True
False
With “HDFC Life Click 2 Protect Super –Return of Premium on maturity-The policyholder will have the option to get back premiums paid for base cover.
True
False
With “HDFC Life Click 2 Protect Super under Smart Exit Benefit ,the policyholder will have the option to get back all his base premiums paid at the time of policy cancelation
True
False
HDFC Life Income Benefit on Accidental Disability Rider offers A benefit equal to 1% of Rider Sum Assured per month for the next 10 years, in case of an Accidental Total Permanent Disability
True
False
HDFC Life Critical Illness Plus Rider-A lump sum benefit equal to the Rider Sum Assured shall be payable in case you are diagnosed with any of the 19 Critical Illnesses and survive for a period of 30 days following the diagnosis
True
False
Smart Exit Benefit will be applicable for policies at all premium payment terms. It can only be exercised after 30th policy year, but not during the last 5 policy years.
True
False
What are the Key Features Of HDFC LIFE SANCHAY PLUS
Tax Free benefits – under 80 C and 10 (10D) of the Income Tax Act, 1961
Life Long Income option – Tax Free Guaranteed income till age 99 years
Long Term Income option – Tax Free Guaranteed Income for a fixed term of 25 to 30 years
All 3
HDFC LIFE PENSION GUARANTEED PLAN OFFER
Option to take the plan on a Single or Joint Life basis
Option to receive immediate or deferred annuity
Option of Return of Purchase Price on death
All 3
Is surrender benefit available under Immediate and Deferred Life Annuity with Return of Purchase Price in HDFCLife Pension Guaranteed Plan
Yes
No
