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SAGA Testing

Authored by Namisha Baid

Professional Development

Professional Development

Used 1+ times

SAGA Testing
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5 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

IN HDFC Life's SAGA - Future secure option, What is the Max. & Min. Tax-free components from the maturity value respectively? Select the correct option.

40% & 60%
60% & 20%
60% & 40%
All are incorrect

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

IN HDFC Life's SAGA - Future secure option, FLS is having a doubt in the GST rates, he come to you and asks if their is any GST applicable or not?

Not applicable
Applicable

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mr. Raj is willing to purchase HDFC Life's SAGA - Future secure option. He will take Single Premium payment option and is an existing customer of HDFC Life. He contacts an FLS from the R&P channel to understand on the discount if any is available? As an FLS what will be your answer-

No discount available
2% on Premium (Excl. GST)
2% on Premium (Incl. GST)
2% addition to annuity rate

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Ms. Neetu is willing to purchase HDFC Life's SAGA - Future secure option. She will take Single Premium payment option and is an existing customer of HDFC Life. He contacts an FLS from the R&P channel to understand on the discount if any is available? As an FLS what will be your answer-

NIL
2% for all premiums if purchased online
2% for first year Premium, purchased online
All are incorrect

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mr. Anil, age 60, purchased HDFC Life's SAGA - with Future secure option. He has opted for Single Premium of Rs. 25 lacs with 5Y Policy Term. His Premium will be growing @ 5.7% compounding P.A. What will be his maturity value ?

32.9Lacs
33.9 Lacs
30.9 Lacs
31.9Lacs

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