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WorksheetsSWAG Quiz (MAX LIFE)
Total questions: 15
Worksheet time: 8mins
What is the Minimum and Maximum Entry Age under Early Wealth Variant of SWAG Plan?
91days to 65 Years
91days to 60 Years
18 years to 60 Years
18 years to 65 Years
If customer invests Rs. 2 Lakh in SWAG - 10 pay / 25 years LTI variant and takes 5 years deferement period then how much customer will get as Guaranteed Income and maturity benefit. (Assume Income Ratio 150%)
300000 * 25 Years + 20L
300000 * 20 Years + 20L
300000 * 30 Years + 30L
None of the above
If customer Invests Rs. 150000 in Early Income Variant how much per annum income he/she will get from next 30 or 40 years ? (20% Return)
Rs. 20000
Rs. 30000
Rs. 40000
Rs. 50000
If Customer Invests Rs. 1L in long term wealth variant how much Income per annum customer will get for next 30 years ? (Assume 110% Return)
Rs. 110000
Rs. 150000
Rs. 125000
Rs. 115000
What is the full form of SWAG?
Smart Wealth Plan
Smart Wealth Advantage Plan
Smart Wealth Advantage Guarantee Plan
All of the above
Why should customer invest in SWAG Plan?
100% Guaranteed Returns
100% TAX FREE under 80c & 10(10)d
Flexibility to choose ppt/pt/ deferment period
All of the above
Who control & regulates all insurance companies in India?
RBI
SEBI
PFRDA
IRDAI
Under Life Long Variant PCB feature is available in SWAG plan?
YES
NO
Both are correct
None of the above
In SWAG additional 50% Accidental cover of basis sum assured is added post ppt and it continue till PT or 80 years of age whichever earlier.
If customer dies due to accident post ppt and basic sum assured is 10Lakh then how much death claim would be paid?
10Lakh
15 Lakh
20 Lakh
25 Lakh
As per Budget 2023-24 from 1st April 2023 the new insurance premium above Rs 5Lakh per pan card has become taxable. Now how will you pitch to your HNI customers ?
Invest upto 5 Lakh premium on the name of wife or major son by becoming payor
Form HUF and invest Rs. 5Lakh through HUF
Death benefits remains 100% tax free
All of the above
Under Weath for Milestones what is the minimum age at entry in without PCB option?
91 days
18 Years
21 Years
Under Regular Income variant customer can opt for income for how many years post ppt?
5 years
10, 15 Years
5, 10, 15 Years
All of above
How many variants are availble in SWAG plan for sale?
3
4
5
6
If customer need is to get Lumpsum maturity at end 0f 15 years for his daughters marriage then which variant of SWAG you will suggest to customer?
Long Term Income
Life Long Income
Early Wealth Income
Milestone
Regular Income
Customer raises objection that returns are not sufficient to cover the risk of inflation , then how you will counter this objection?
Long term guaranee is not available in any other product
Diversification is required in portfolio
For asset allocation purpose 5-10% of portfolio can be invested in SWAG Guaraneed Plan
Upto 5Lakh p.a. premium all benefits are 100% tax fee
All of the above
