M9 (Set 2)

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100 Questions & Answers Category:

 
4 Aug 2025
CMFAS M9 Exam Question:

An option a policyholder can exercise to use the cash value of the policy to pay up the premium due on his policy is known as:

a) conversion option

b) paid-up option

c) cash value for premium option

d) non-forfeiture option

The CMFAS M9 examination comprises of 100 questions, time given is 2 hours and the passing mark is 75%.

 

M9 (Set 2)

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    Which type of term insurance is most suitable for insuring against the death of a loan payer?

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    c) Decreasing Term Insurance

    d) Credit Insurance

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