Serial Quizzer Day 7

A detailed illustration of financial planning concepts, featuring a family discussing insurance options with a financial advisor, surrounded by icons representing security, money, and protection.

Cash Flow Protection Plan Quiz

Welcome to the Cash Flow Protection Plan Quiz! Test your knowledge of CFPP features, benefits, and conditions.

This quiz consists of 5 multiple-choice questions designed to help you understand the different aspects of cash flow protection plans.

Multiple-choice format
Engaging questions
Immediate feedback on answers

5 Questions1 MinutesCreated by PlanningGuide42

Jinse, with age 45, has applied for a Cash Flow Protection Plan from ET Life. What is the minimum and maximum term he can take?

Athira who is 30 now has taken a CFPP from ET Life with her daughter as life assured. Her daughter is 2 years old now. What should be the minimum premium payment term applicable?

Mary, aged 35 wants to take a CFPP from ET Life with PPT 15. She wants to know what will be her benefit at the end of PPT (when she turns 50)?

Sum Assured is paid along with Bonus declared during PPT

All Simple reversionary bonus declared during PPT is paid as lump sum

Only Sum Assured as per policy contract is paid

105% of total premiums paid or Sum Assured; whichever is higher is paid

No benefit payable at the end of PPT

Kishor has told one of his customers that he can add Term Rider and Hospital Cash Benefit rider with CFPP of ET Life, if customer can provide necessary income documents. Is this true?

True

False, No rider is available with CFPP

False, Term Rider is not available in CFPP

False, Hospital Cash Benefit rider is not available in CFPP

False, Income documents are not required for riders

Tinto has told a customer of age 30 that if he is opting for Accidental Death Benefit rider in a CFPP plan with 15 year PPT, rider cover will continue till age 70. Is this true?

False, Rider benefits last till the end of PPT

False, Rider benefit stops at the age of 50

False, ADBR is not available in CFPP

False, Rider benefit will continue for entire policy term

True

Serial Quizzer Day 7

Cash Flow Protection Plan Quiz

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