New Kotak Products Ksap & Hs

20 Questions | Total Attempts: 135

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Product Quizzes & Trivia

This is a quiz for Team PSG - all SMs on changes in our products.


Questions and Answers
  • 1. 
    Kotak Smart Advantage Plan is now........................................
  • 2. 
    The DAB in new KSAP is ..................................
  • 3. 
    Death Benefit in new KSAP is?
    • A. 

      F.V. + FAB

    • B. 

      S.A. + FAB

    • C. 

      S.A. or F.V. whichever is higher + FAB

    • D. 

      S.A. or F.V. whichever is higher +FAB + DAB

  • 4. 
    What is the FMC in new KSAP?
    • A. 

      1.75%

    • B. 

      2.00%

    • C. 

      1.35%

    • D. 

      2.50%

    • E. 

      2.25%

  • 5. 
    What terms are available with new KSAP?
    • A. 

      3,5,10,15,20,25,30

    • B. 

      5,10,15,20,25,30

    • C. 

      10,15,20,25,30

    • D. 

      10,15,20,30

  • 6. 
    What is the Minimum & Maximum S.A. available with new KSAP?
    • A. 

      Min. 5* A.P. & Max. Unlimited

    • B. 

      Min. unlimited & Max. 5 times

    • C. 

      Min. 5*A.P. & Max. term*A.P.

    • D. 

      Min. 10*A.P. & Max. term*A.P.

  • 7. 
    What are the LPPTs available with KSAP?
    • A. 

      3,5,10

    • B. 

      3,5

    • C. 

      Only 5

    • D. 

      No LPPT available

  • 8. 
    What are the Allocation Charges in new KSAP?
    • A. 

      2% for < Rs. 36000/- premium

    • B. 

      Nil Allocation Charge

    • C. 

      5% for > Rs. 50000/- premium

    • D. 

      2% for > 36000/- premium

  • 9. 
    What are the surrender Charges for new KSAP?
    • A. 

      8-n formula

    • B. 

      4%, 3%, 2%, 1%, Nil for 4th, 5th, 6th, 7th & 8th year onwards

    • C. 

      4%, 2%, Nil for 4th, 5th & 6th year onwards

    • D. 

      Nil Surrender Charge

  • 10. 
    What is the new name for our Unit Linked Children Plan?
    • A. 

      Headstart Plan

    • B. 

      Super Headstart Plan

    • C. 

      New Headstart Plan

    • D. 

      Gurenteed Headstart Plan

  • 11. 
    What Loyelty Benefits are available with Headstart plan?
    • A. 

      1%, 1.5% & 2% at the end of 10th, 15th & 20th Year

    • B. 

      3% each at the end of 10th, 15th & 20th Year

    • C. 

      3% at the time of Maturity

    • D. 

      3% at the time of death

  • 12. 
    What is the Minimum & Maximum S.A. available with Headstart?
    • A. 

      Min. 10 times and Max. unlimited

    • B. 

      Min. 5 times and Max. Unlimited

    • C. 

      Min. 5 times and Max. term* AP

    • D. 

      Triple Death Benefit i.e. S.A.+F.V.+F.P.

  • 13. 
    The LPPT available with Headstart is .......................
  • 14. 
    What is the Minimum Premium available with Headstart?
    • A. 

      Regular 18000; 3 year LPP 25000; 5 year LPP 50000

    • B. 

      Regular or LPP 50000

    • C. 

      Regular 15000; 5 year LPP 50000;3 year LPP 100000

    • D. 

      Regular 25000; 3 & 5 LPP 100000

  • 15. 
    Kindly tick on the correct Policy Admin Charge for New Headstart Plan.
    • A. 

      0.25% for premium < 50000; 0.10% for premium >=50000

    • B. 

      0.25% for premium < 50000; 0.25% for first 50000 & 0.10% for equal & above 50000

    • C. 

      Rs. 65/- p.m.

    • D. 

      0.25% for premium < 25000; 0.25% for first 25000 & 0.10% for equal & above 25000

  • 16. 
    What term is available with the Headstart?
    • A. 

      10 to 25

    • B. 

      10 to 30

    • C. 

      10,15,20,25

    • D. 

      10,15.20,25,30

  • 17. 
    Name the two variations available with Headstart.
    • A. 

      Joint Life & Single Life

    • B. 

      Future Protect & Single Life

    • C. 

      Assure Wealth & Single Life

    • D. 

      Future Protect & Assure Wealth

  • 18. 
    What are the surrender Charges after three policy years in Headstart Plan?
    • A. 

      4th - 3%,5th - 2%,6th - 1% Nil

    • B. 

      4th - 10%, 5th - 5%, 6th - Nil

    • C. 

      4th - 4%, 5th - 2%, 6th - Nil

    • D. 

      4th - 100%, 5th - 50%, 6th - Nil

  • 19. 
    What is the commission Payout in Headstart in case of LPP?
    • A. 

      1st 16%, 2nd & 3rd 7%, 4th to 10th 1%, Nil thereafter

    • B. 

      1st 20%, 2nd & 3rd 10%, 4th to 10th 5%, Nil thereafter

    • C. 

      1st Nil, 2nd & 3rd 50%, 4th to 10th 70%, 100% thereafter

    • D. 

      1st 10%, 2nd & 3rd 3%, 4th to 10th 1%

  • 20. 
    What is the commission payout in KSAP?
    • A. 

      24%,32%,35%

    • B. 

      25%, 30%

    • C. 

      25%, 30%, 40%

    • D. 

      15%,25%,30%