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Hdfc Life Pension

Total questions: 15

Worksheet time: 13mins

Name
Class
Date
1.

Immediate Life Annuity customer will get Death Benenfit ?

a)

Yes

b)

No

2.

Immediate Life Annuity Surrender Benefit customer will get ?

a)

Yes

b)

No

3.

HDFC Life Pension Guaranteed Plan all options have Single and Joint Life ?

a)

Yes

b)

No

4.

HDFC Life Pension Guaranteed Plan is ?

a)

Non-participating and Non linked

b)

Non-participating and Non linked Annuity Plan

c)

Non-participating and linked Annuity Plan

d)

participating and Non linked

5.

Immediate Life Annuity with Return of Purchase Price (ROPP) what customer get in death Benefit?

a)

110% of purchase price of the annuity

b)

100% of purchase price of the annuity

c)

Purchase Price + Accrued Guaranteed Additions(GA) - Total Annuity Payouts till date of death OR 110 % of Purchase Price

d)

Purchase Price + Accrued Guaranteed Additions(GA) - Total Annuity Payouts till date of death

6.

Deferred Life Annuity with Return of Purchase Price (ROPP) Death Benefit customer will get ?

a)

No Death Benefit

b)

Purchase Price + Guaranteed Additions(GA) - Total Annuity Payouts till date of death

c)

110 % of Purchase Price

d)

Higher of  Purchase Price + Guaranteed Additions(GA) - Total Annuity Payouts till date of death  110 % of Purchase Price

7.

HDFC Life Pension Guaranteed Plan Top up option available ?

a)

Yes

b)

No

8.

HDFC Life Pension Guaranteed Plan is ?

a)

Single Premium ?

b)

Regular Premium

c)

Limited Premium

9.

Systematic Pension Plan is ?

a)

Non-Linked, Participating Pension Plan

b)

Linked, Participating Pension Plan

c)

Participating Pension Plan

10.

In Systematic Pension Plan the Liquidity available in the form of policy loan ?

a)

Yes

b)

No

11.

Systematic Pension Plan how much is Tax-Free Commutation under section 10(10A)(iii) ?

a)

60 %

b)

65 %

c)

40 %

d)

100 %

12.

Systematic Pension Plan customer nominee will get tax free legacy ?

a)

Yes

b)

No

13.

Systematic Pension Plan Minimum Amount of Investment ?

a)

30,000

b)

50,000

c)

1,00,000

d)

25000

14.

Systematic Pension Plan Medical Required ?

a)

Yes

b)

No

15.

Systematic Pension Plan issuance of Policy ?

a)

24 hours

b)

48 hours

c)

72 Hours

d)

1 week