Quiz_Sanchay Par

A customer wants to know the policy term options of Sanchay PAR Advantage Plan. 'Select the correct answer from the list'

• Fixed Term & Whole Life (100 Years)

• Whole Life (100 Years)

• Only Fixed Term 25 to 40 Years

What are the payout options avilabe in Sanchay PAR Advantage? 'Select the correct answer from the list'

• Immediate Income

• Deferred Income

• Immediate Income & Deferred Income

In Sanchay PAR Advantage Deferred Income option customer receives Guranteed Income till _____Years. 'Select the correct answer from the list'

• No Such option as it is a PAR Plan

• 30 Years

• 35 Years

• 25 Years

New FLS Neeta pitched to a customer that Sanchay Par Advantage gives an option to accrue the bonus.

• TRUE

• FALSE

In Sanchay PAR Advantage what will be the Maturity Benifit given if customer Survives the policy Term ? 'Select the correct answer from the list'

• Plan does not provide any Maturity Benifit

• Maturity Benefit = Return of Premiums + Terminal Bonus + Last Cash Bonus Payout

• Maturity Benefit = Terminal Bonus + Last Cash Bonus Payout

In Sanchay PAR Advantage Immediate Income option what are the Premium Paying Term options available?   'Select the correct answer from the list'

• 5, 6, 8, 9, 12

• 6, 7, 8, 9, 10

• 5, 6, 7, 8, 9, 10, 12

If Chosen at Inception, the Immediate Income Option of HDFC Life Sanchay Par Advantage offers payouts next month onwards.

• True

• False

Guaranteed income under HDFC Life Sanchay Par Advantage is available only under the _________.

• Immediate Income Option

• Deferred Income Option

If the unpaid Survival Benefits are not taken by the policyholder during the policy tenure, the same shall be payable along with benefits payable at the time of termination of the policy in the form of death, maturity or surrender.

• True

• False

The accrued Cash Bonuses and/ or Guaranteed Income payouts will be accumulated monthly at prevailing Reverse Repo Rate.

• True

• False