BALIC POS Goal Suraksha Plan

1.

Multiple Choice

1 min

1 pt

Minimum & Maximum entry age allowed in the POS Goal Suraksha plan are________.

18 to 55 years

18 to 60 years

07 to 70 years

01 to 60 years

2.

Multiple Choice

30 sec

1 pt

Does Bajaj Allianz POS Goal Suraksha plan have the option to change the premium payment frequency?

Yes

No

3.

Multiple Choice

1 min

1 pt

How do we calculate the issue age for the policyholder under the POS Goal Suraksha plan?

Age Near Birthday

Age Last Birthday

Age Next Birthday

None of them

4.

Multiple Choice

1 min

1 pt

What is the Maximum Sum Assured allowed in the POS Goal Suraksha Plan?

1 Lac

7 Lac

5 Lac

10 Lac

5.

Multiple Choice

1 min

1 pt

What is the minimum policy term option available in POS Goal Suraksha Plan?

5 years

10 years

15 years

20 years

6.

Multiple Choice

1 min

1 pt

Choose the correct option available for the death benefit in POS Goal Suraksha Plan.

Sum Assured on Death + Guaranteed Addition

Sum Assured on Death

Only Guaranteed Additions

None of the above

7.

Multiple Choice

1 min

1 pt

What is the maturity benefit in POS Goal Suraksha Plan?

Sum Assured on maturity plus Guaranteed additions

Total premium paid

Sum Assured on maturity + Guaranteed Addition + Total premium paid

None of the above

8.

Multiple Choice

30 sec

1 pt

What is the minimum modal premium for the yearly mode?

450

1,250

2,100

3,000

9.

Multiple Choice

30 sec

1 pt

Suppose, Mr Ranbir Kapoor's POS Goal Suraksha Plan issued on 1st Aug 2018 and unfortunately, he died in an accident within 30 days from the commencement date.

What would be the death benefit for Ranbir's nominee?

Sum Assured Death

Sum Assured Death + Guaranteed Addition praposnately

100% of the premium paid

100% of the premium paid excluding extra premium & Goods & Service Tax if any will be paid

10.

Multiple Choice

1 min

1 pt

Suppose, Mr Ranvir Singh's POS Goal Suraksha Plan issued on 1st Aug 2018 and unfortunately, he died due to the heart attack within 30 days from the commencement date.

What would be the death benefit for Ranvir's nominee?

Sum Assured Death

Sum Assured Death + Guaranteed Addition proportionately

100% of the premium paid

100% of the premium paid excluding extra premium & Goods & Service Tax if any will be paid

11.

Multiple Choice

1 min

1 pt

Choose the correct statement for POS Goal Suraksha Plan.

It is a single premium plan

Minimum Sum Assured allowed are 40,000

It is a non-medical plan

None of the above

12.

Multiple Choice

1 min

1 pt

Guaranteed additions are a multiple of one annualized premium and will be paid on death or maturity whichever is earlier.

True

False

13.

Multiple Choice

1 min

1 pt

Surrender benefit will be available under the policy if at least 2 full years premium have been paid under the policy with PPT less than 10 years.

True

False

14.

Multiple Choice

1 min

1 pt

What is the maximum premium allowed in the plan?

1,00,000

50,000

10,00,000

1,000

15.

Multiple Choice

30 sec

1 pt

SA would be the _______ of the annualised premium.

5 Times

10 Times

7 Times

2 Times

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