KOTAK ASSURED SAVINGS PLAN QUIZ

KOTAK ASSURED SAVINGS PLAN QUIZ

Professional Development

9 Qs

quiz-placeholder

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KOTAK ASSURED SAVINGS PLAN QUIZ

KOTAK ASSURED SAVINGS PLAN QUIZ

Assessment

Quiz

English

Professional Development

Hard

Created by

Ravi Chikondla

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is eligible for this plan?

Min Entry Age
3years

Min Entry Age
2years

Min Entry Age
1 year

Min Entry Age
0 year

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum premium criteria to purchase this plan?

Rs. 1,00,000/-

Rs. 80,000/-

Rs. 60,000/-

Rs. 50,000/-

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the Policy Term(PT) and Premium Payment Terms(PPT) options available in this plan?

PPT PT

5 PAY - 10/15

6 PAY - 12/18

7 PAY - 14/20

10 PAY- 15/20

PPT PT

5 PAY - 10/15

6 PAY - 12/15

7 PAY - 14/15

10 PAY- 15/20

PPT PT

5 PAY - 10/18

6 PAY - 12/18

7 PAY - 14/18

10 PAY- 15/18

PPT PT

5 PAY - 10/20

6 PAY - 12/20

7 PAY - 14/20

10 PAY- 10/20

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Life Cover/Risk/Death Benefit under this plan?

Basic Death Benefit

Basic Death Benefit + Guaranteed Additions Accrued as on the date of death

Both 1 & 2

None of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Does customer have the flexibility to pay premiums in installments?

Yes

No

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is loan available under this plan?

Yes

No

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum age limit for entry into this plan?

75 years

70 years

65 years

60 years

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to the policy if the premiums are not paid on time?

Policy lapses

Grace period is provided

None of the above

Policy continues without payment

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can the policyholder change the nominee after purchasing the plan?

No

Yes