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Guaranteed Wealth Plus

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

HDFC Life Guaranteed Wealth Plus is a Non-Linked Non-Participating Individual Life Insurance Savings Plan

a)

True

b)

False

2.

Premium Paying options available are

a)

6 yrs

b)

8 yrs

c)

10 yrs

d)

All of the above

3.

There is a Flexibility to choose between two benefit options

a)

True

b)

False

4.

life cover continues during income payout period as well in Income Variant

a)

True

b)

False

5.

Two benefit options available are

A. Lump Sum

B. Income Variant

C. Maturity Variant

a)

A,B

b)

A,B,C

c)

A,C

d)

B,C

6.

In Income Variant Guaranteed Fixed Income continues for

a)

20 Yrs

b)

25 Yrs

c)

30 Yrs

d)

35 Yrs

7.

GI is payable annually commencing from end of 8th | 10th | 12th policy year annually for 6, 8, 10 pay respectively and continues till the end of policy term

a)

True

b)

False

8.

Survival Benefit is ROP under Lump Sum Variant

a)

True

b)

False

9.

In Income Variant Maturity benefit is : Return of 100% premium paid

a)

True

b)

False

10.

What are the Policy Term of Lump Sum Variant

(a)  

11.

Maximum Maturity Age for 10 yrs PPT is

a)

90 yrs

b)

95 yrs

c)

100 yrs

d)

101 yrs