Home Suraksha Plus:

Q1) Home Suraksha Plus mitigates against any financial loss arising out of:
a)_____________________
b)_____________________
c)_____________________
d)_____________________

Q2) Which of the following is not included under Critical illness cover of Home
Suraksha Plus?
a) Heart valve replacement
b) Major organ Transplant
c) Kidney failure
d) AIDS

Q3) Hodgkin’s Disease is covered under Critical illness benefit of Home Suraksha
Plus?
a) True
b) False

Q4) The entire sum assured is payable on the first diagnosis of any of the 9 Critical
illness benefit and sum assured is always equal to the Loan Value.
a) True
b) False

Q5) The entry age in Home Suraksha Plus is:

a) 18yrs
b) 20yrs
c) 35yrs
d) any time

Q6) In case of death of customer due to accident, what will be the maximum benefit
amount to be paid to his two children if his loan amount ranger from 20,00,001-
30,00,001?
a) 1,00,000
b) 1,50,000
c) 2,00,000
d) 2,50,000

Q7) In case of loss of insured customer HDFC covers upto:_____________________

Q8) HDFC pays upto sum insured in event of loss or damage to structure of house
due to:
a) Terrorism
b) Natural disaster (earthquake, storm, flood)
c) Fire
d) All of the above

Q9) Maximum sum insured for jewellery kept in safe is ____________% of burglary
section sum assured.
Q10) Minimum limit Dependant Child Education Benefit is Rs. :
a) 10,000
b) 25,000
c) 50,000
d) 1,00,000

Protection Plan
Q1) How many optional benefit are available under HDFC Term Assurance Plan is?
a) 1
b) 2
c) 3
d) 4

Q2) Maximum age limit for entering Regular premium policy of HDFC Term
Insurance plan is:
a) 50
b) 55
c) 60
d) 65

Q3) Tax benefit is available to customers under which section of Income Tax Act
1961?
a) 80C, 80D, 10D
b) 5C, 7D, 8D
c) 20A, 20B, 24 C

Q4) Which Additional benefit is available under HDFC’s Loan Cover Term
Assurance plan?
a) CI
b) ADB
c) ASA
d) All of the above

Q5) For single premium option of HDFC’s Term Assurance Plan, minimum term is:
a) 10yrs
b) 2yrs
c) 5yrs
d) 1yr

Q6) How many days are allotted to customers for payment of premium after the
expiry of due date?
a) 1 day
b) 10 days
c) 15 days
d) 30 days

Q7) Which of the following disease is not covered under CI section of Additional
Benefit?
a) paralysis
b) Stroke
c) Cancer
d) Kidney failure
Q8) Is Service Tax applicable on Life Insurance premium?
a) Yes
b) No

Q9) HDFC pays additional amount equal to sum assured selected under ADB in case
of customer’s unfortunate demise within _______ days of accident.
a) 30
b) 60
c) 90
d) 120

Q10) Which additional benefit cannot be taken together?

a) ADB & ASA
b) CI & ASA
c) CI & ADB
d) No two benefits can be taken together

Personal Pension Plan(Traditional)

Q1) Who selects the vesting age?
a) bank
b) customer
c) other
d) any one of the above

Q2) Consumer’s retiring age ranges from;

a) 50-65
b) 50-70
c) 40-65
d) 50-80

Q3) Maximum age of investing in HDFC’s Personal Pension Plan is:

a) 50
b) 55
c) 60
d) 65

Q4) Minimum age of investing in PPP is:

a) 18
b) 20
c) 35
d) 40

Q5) Maximum time period for paying regular premium for HDFC’s PPP is:
a) 40
b) 20
c) 15
d) 5
Q6) Revolutionary Bonus are paid
a) On death
b) Vesting age
c) Both
d) Every year

Q7) Terminal Bonus is ____________________________________________

Q8) In case of unfortunate demise of customer under PPP’s Regular Premium Policy
scheme, the nominee gets : (within a year)
a) nothing
b) sum assured
c) 80% paid up premium
d) 90% of paid up premium

Q9) A customer acquires a minimum surrender value by paying premium

continuously for:
a) 1 yr
b) 2 yr
c) 3 yr
d) whole policy term

Unit Linked Endowment Plus II

Q1) The minimum regular premium payable per year for annual policies are:
a) 10,000
b) 12,000
c) 20,000
d) 25,000

Q2) You can choose any amount of sum assured under UNEP II with a minimum of
_____________________your chosen annual regular premium

Q3) You can choose any amount of sum assured under ULEP II with a maximum of
____________________your chosen annual regular premium

Q4) Extra Life & Death benefit cover the benefit(s) of;
a) CI
b) ADB
c) DB
d) All of the above

Q5) _________________switches are given free to customers under this scheme by

which they can move from one investment fund to another.

Q6) Maximum fund management rate charged by HDFC does not exceed: (p.a.)
a) 1.25%
b) 1.75%
c) 2.5%
 d) 5%

Q7) Which investment fund offers highest Risk & Returning Rate?
______________________

Q8) which of the following statements are correct?

a) ULEP cannot be issued as participating policies
b) Loans are not given under ULEP
c) Both are correct
d) Both are wrong

Q9) On death of customer, HDFC pays

a) Sum Assured
b) Fund Value
c) Which ever is great
d) Nothing

Q10) Amount charged for revival per request is Rs.________________

Q11) What will be the normal Allocation Rate in 2nd yr if regular premium amount is
b/w 10,00,000-19,99,999?
a) 40%
b) 77%
c) 93%
d) 98%

Unit Linked Endowment Winner

Q1) Maximum regular premium payable in any is Rs.
a) 20,00,000
b) 12,50,000
c) 17,25,000
d) 10,05,000

Q2) Maximum age of taking ULEW is

a) 50
b) 55
c) 60
d) 65

Q3) Under this plan customers need to pay premium continuously for:
a) 3yrs
b) 5yrs
c) 10yrs
d) 15yrs

Q4) Sum Assured under ULEW cannot exceed:

a) 20,00,000
b) 12,50,000
c) 17,50,000
 d) 10,05,000

Q5) Which of the following funds do not come under Investment Funds offered by
HDFC?
a) Secure Managed Funds
b) Equity Managed Funds
c) Stable Managed Funds
d) Stock Managed Funds

Q6) % Bumper Addition available on payment of Annual premium is:

a) 80%
b) 70%
c) 60%
d) 50%

Q7) Liquid Funds II invests _______ in high quality short term money market
instruments.
a) 10%
b) 25%
c) 50%
d) 100%

Q8) Balanced Managed fund invests __________% in high quality govt. security
bond.
a) 0%-5%
b) 0%-15%
c) 20%-70%
d) 30%-60%

Q9) amount charged by customers for providing them death cover in their policies is
called_____________________________

Q10) Premium Allocation Rate for monthly mode in case of ESC/SI failure leading to
premium payment by non ESC/SI method for premium paid after 3+ years will be:
a) 54%
b) 70%
c) 98%
d) 92%

Unit Linked Young Star Plus II

Q1) What is the maximum age for entry in ULYSP plan for Life & Health option?
a) 50
b) 55
c) 60
d) 65

Q2) What is the minimum term in ULYSP plan for Life Option
a) 5
b) 10
c) 15
 d) 20

Q3) What is the minimum Sum Assured amount that can be chosen in ULYSP plan?
a) .5 x term x Annual regular premium
b) 40 x annual regular premium
c) 5 x annual regular premium
d) 125% x term x annual regular premium

Q4) What is the Loyalty Benefit in ULYSP? (increase in unit in each fund year)
a) .5%
b) .4%
c) .2%
d) .1%

Q5) If beneficiary is less than 18yrs, the benefit will be paid to:
a) appointee
b) parents
c) friend
d) beneficiary only

Q6) Which of the following statement is not true:

a) Strokes are covered under CI
b) Service Tax is applicable on Life insurance premium
c) Policy cannot be cancelled after 10days from the date of receipt

Q7) If regular premium paid during first year ranges from 2,00,000-4,99,999, the
normal Allocation Rate (half-yearly) would be:
a) 39%
b) 52%
c) 64%
d) 77%

Q8) Stable managed fund invests )____________% in high quality Indian

Equities.
a) 0%-5%
b) 15%-30%
c) 60%-80%
d) nil

Q9) Other name for Critical Illness benefit is ________________________________

Q10) In case of unfortunate demise of customer, HDFC under Triple Benefit pays
50% of original regular premium towards ____________________ and rest 50% to
_________________________.