Pop Quiz 1 - Term Training_DT 02
Term Insurance Knowledge Quiz
Test your understanding of Term Insurance with our engaging quiz! Whether you're a beginner or have some knowledge, this quiz will help you sharpen your insights and learn more about the essential aspects of Term Plans.
Key Highlights:
- 10 interesting questions
- Multiple choice and checkbox questions
- Instant feedback on your answers
Can we at ditto offer insurances to clients at discounted rates to sell more?
Of course not
Yes
Only to friends and family
What is the major advantage of buying a Term Plan early?
Early Bird discounts
Savings on Premiums
Protection for the family.
All of the above
I am 20, and a student, can I buy a Term Plan for myself?
Yes, because I am over the age of 18.
No, because I dont have an active source of income
Yes, since I have income in the form of pocket money
No, since I am not over the age of 21
There are 2 clients: Man (30 Yrs) & Woman (30 Yrs), getting a cover of 1 Cr. Whose premium will be more expensive?
Premiums will be same, since everyone is equal
It will depend on the income
A Man's premiums
A Woman's premiums
Are the premiums for a smoker different compared to the premiums for a non-smoker?
Yes, the premiums of the smoker are higher
Yes, the premiums of the non-smoker are higher
No, the premiums are the same
What is the maximum age at which one can buy a term insurance?
99
60
59
70
Which of these individuals can buy a Term Insurance
Age 25, without any income
Age 17, with income
Age 18, with income
Age 70, with income
Are Term premiums fixed for the entire duration of the policy?
Yes, it remains unchanged
No, it changes as per age
I am a self employed individual. Will I be eligible to buy a term insurance?
No, only salaried individuals are eligible for term insurance
Yes, provided I have filed ITRs for the last 2-3 years
Consider a 24 year with an income of 50L. He has not passed 10th standard, but is doing very well in his business. Will he be eligible for a term insurance?
No, because of the educational qualification.
Yes, because of the very high income.
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