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Quiz

Professional Development

1st - 3rd Grade

Medium

Created by

kandarp mehta

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Long Term Income Option of HDFC Life Sanchay Plus offers, in addition to guaranteed income, a return of premium at the end of the payout period on

payment of all due premiums and life assured surviving the policy term.


Identify whether the above statement is true or false.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In HDFC Life Sanchay Plus Long Term Income option with Policy Term 11 years, what is

the percentage of annual premium payable to coustomer as guranteed income for

the next 25 years ?


Select the correct answer from the list below.

93.50%

95.00%

88.50%

88.25%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a customer (Age >50years) purchased HDFC Life Sanchay Plus, Guaranteed income option with Premium payment term 12 years. What is the % of annual premium he will get during the payout period ?

Select the correct answer from the list below.

197%

202%

204%

194%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the entry age criteria in Sanchay Plus life long income option ?

Select the correct answer from the list below.

5 to 50 Years

5 to 55 Years

50 to 60 Years

7 to 60 Years

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What will be the death benefit if the customer dies during the payout period under the Long term income option of Sanchay Plus?

Select the correct answer from the list below.

Sum Assured

10 times of annual premium

105% of paid premium

Nominee will get income for remaining years of the payout period

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

HDFC Life Sanchay PAR Advantage provides life cover up to age of 100 years to protect your life goals from eventualities. Identify whether the above statement is true or false.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the Maturity Benefit of HDFC Life Sanchay Par Advantage?


Select the correct answer from the list below.

The maturity benefit is equal to Sum Assured on Maturity plus accrued Cash Bonuses (if not paid earlier), plus interim Survival Benefit (if any), plus Terminal Bonus (if declared).

The maturity benefit is equal to Sum Assured on Maturity plus accrued guaranteed addition, plus interim Survival Benefit (if any), plus Terminal Bonus (if declared).

The maturity benefit is equal to Sum Assured on Maturity

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