In a Unit Linked plan what is the maturity claim payable?

In a Unit Linked plan what is the death claim payable?

A

Sum insured

B

Sum insured less survival benefits paid already

C

Sum insured or fund value which is higher

D

Fund value

In a money back plan, what is the maturity claim payable?

A

Sum insured

B

Sum insured less survival benefits paid already

C

Bonuses

D

Nothing is payable

In a Return of Premium plan (ROP), what is the quantum of maturity claim payable?

A

Sum insured

B

Sum insured + bonus

C

Return of premiums

D

Nothing

Maturity claim is payable when

A

The insured survives the first 5 years

B

The insured dies during policy term

C

The insured is diagnosed with a critical illness

D

The insured survives policy term

Maturity claim is payable when _________

A

When the insured survives the first 5 years

B

When the insured dies during policy term

C

When the insured is diagnosed with a critical illness

D

When the insured survives policy term

In a money back plan, what is the death claim payable?

A

Sum insured

B

Sum insured less survival benefits paid already

C

Bonus

D

Nothing is payable

In a cross linked polymer, the monomeric units are linked together to constitute a three dimensional network. Which of the following is a cross-linked polymer?

A

Bakelite (phenol formaldehyde)

B

Polyester

C

Polythene

D

Nylon-6

Type of bonds in which there are many maturity dates and part of issue is paid off at every maturity date is considered as

A

pledged bonds

B

serial bonds

C

series bonds

D

parallel bonds

When a death claim is payable?

A

If a policyholder dies after maturity of a policy

B

If a policyholder dies during the term of policy

C

If a policyholder dies after surrendering a policy

D

If insured dies after Foreclosure of a policy

In Unit Linked plan, the Fund Value is a product of which of the following:

A

Gross Asset Value & Net Asset Value

B

Net Asset Value & Premium

C

Net Asset Value & Charges

D

Net Asset Value & No. of Units

In a Unit Linked plan what is the maturity claim payable?

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