CYFC Induction quiz

Is this statement true or false: The life insurance industry is a part of the BFSI sector

• True

• False

KnowledgeIs the statement true or false: Insurance works on the principle of risk transfer

• True

• False

Which of the following customer insurance needs does not HDFC Life offer.

• Protection

• Pension

• Health

• Motor

How does the agency channel operate?

• Through a network of FCs who sell the company’s products directly to customers

• Through corporate agents who sell the company’s products to their customers31

What is the minimum and Max entry age in term plan life protect option in fixed option

• 18-65

• 18-60

What is the minimum entry age in Life protect Whole life option

• 45

• 40

• 18

What is the monthly income in Income plus option of term plan click to protect life

• 1,0%

• 0.1%

What is the maturity in click 2 protect life term plan

• Sum Assured

• Nil

In Sanchay Plus what all are the premium payment options are available in Guranteed Maturity Option

• 6/7/10

• 5/6/10

Death benefit in sanchay plus of Guaranteed income in payout period

• SA+Bonuses

• Income will continue to nominee