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Worksheets

KGFB & KAPP

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

KGFB features are

a)

Provides regular Income for 15, 20 & 25 years

b)

Provides Return of Premium on the Last Payout Year

c)

Pay premiums for 10 yr

d)

All of the Above

2.

Features of KGFB are

a)

Min Age 3 - 60

b)

Pay for 10yr

c)

Wait for 1 - 5 yr

d)

Get Income for 15, 20 or 25 yr

3.

High Returns in KGFB are given to

a)

Existing kotak life Customer

b)

Female Policy Holders

c)

Higher Premium and Deferment Period

d)

All of the Above

4.

Life Cover or Death Benefit in KGFB is

a)

Available only till end of Deferment Period

b)

Available only till End of Premium Payment Term

c)

Not available during Income Period

d)

11 times of Annual Premium

5.

In KFGB,

a)

Regular Income is given along with Total Premium Paid

b)

Lumpsum withdrawal is also available

c)

9% is deducted on remaining payouts if Lumpsum opted

d)

All of the Above

6.

Kotak Assured Pension plan has

a)

Immediate Income & Deferred Income

b)

Entry age from 45 - 85

c)

Single Premium, Regular and Limited Premium

d)

All of the Above

7.

Kotak Assured Pension Plan

a)

Provides Income till 99 years

b)

Has Single Life and Joint Life Income

c)

Provides Death Benefit under Cash Back Options

d)

All of the Above

8.

Kotak assured Pension Plan

a)

Has Deferment Period of 1 - 10 yr

b)

Has Limited Premium of 5 - 9yr

c)

Has Regular Premium of 5 - 10yr

d)

All of the Above

9.

In KAPP,

a)

Entry age under Deferred Option is 45 - 70yr

b)

Payout Starts from Next Month or Next Year under Immediate Annuity

c)

Payout starts after end of Deferment Period

d)

All of the Above

10.

Deferment Period in KGFB is

a)

1 - 5 yr

b)

Only 1 yr

c)

Only 5 yr

d)

Only 3yr