Learning Assessment

Which of the following is not a part of Sales process PAPSDR

• Planning

• Approach

• Problem

• Decision

S in PAPSDR stands for

• Subject

• Survival

• System

• Solution

Participating Products are

• ULIP Products

• Guaranteed Products

• Equity Products

• Non Guaranteed products

Bonuses are declared in

• Term Plan

• Par products

• ULIP

• Non Par Products

Bonuses are Guaranteed

• True

• False

Whole life plan is

• Participating

• ULIP

• Term Plan

• Non Participating

Terminal Illness are available in LPP/Endowment 75

• True

• False

In whole life plan Bonus will be declared from

• 2nd Year Onwards

• 4th year onwards

• immediately

• 3rd year onwards

In LPP Guaranteed payout will be paid

• 6.5% of SA from 61st year

• 7.5% of SA from 61st year

• 7.5% of annual premium from 61st year

• 6.5% of SA from 60th year

What is the death benefit in Whole life plan

• GSAM

• GSAM + Terminal Bonus + accrued bonus

• GSAM + Terminal Bonus

• Terminal Bonus + accrued bonus