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Professional Development
Professional Development
Super Income Plan
10 questions
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- 1. Multiple Choice
Super Income Plan is a product in which category?
Traditional, Non-PAR product
Traditional, PAR product
ULIP
Traditional, Term Plan
- 2. Multiple Choice
What is the minimum and maximum Policy Term in Super Income Product?
8 yrs; 12 yrs
8 yrs; 15 yrs
16 yrs; 27yrs
15 yrs; 25 yrs
- 3. Multiple Choice
What is the minimum and maximum PPT in Super Income Product?
8 yrs; 12 yrs
8 yrs; 15 yrs
5 yrs, 15 yrs
16 yrs; 27 yrs
- 4. Multiple Choice
What is the minimum and maximum Payout Period in Super Income Product?
8 yrs; 12 yrs
8 yrs; 15 yrs
8 yrs; 10 yrs
8 yrs; 12.5 yrs
- 5. Multiple Choice
What is the payout percentage of Sum Assured decided by the company on a PPT of 8 years?
80%
100%
120%
140%
- 6. Multiple Choice
What is the payout percentage of Sum Assured decided by the company on a PPT of 10/12 years?
80%
100%
120%
140%
- 7. Multiple Choice
What is the minimum Annual Premium required for Super Income Plan?
Rs.6,000
Rs.12,000
Rs.24,000
Rs.50,000
- 8. Multiple Choice
Which bonus is not offered in Super Income product?
Simple Reversionary Bonus
Terminal Bonus
Interim Bonus
Compound Reversionary Bonus
- 9. Multiple Choice
What is the percentage of Guaranteed Additions offered in Super Income product?
3%
5%
No Guaranteed Additions
9%
- 10. Multiple Choice
Which element is not a component of Maturity value in Super Income product?
Sum Assured
Simple Reversionary Bonus
Terminal Bonus
Interim Bonus
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