Health Insurance (Set 2)
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4 Feb 2026
Health Insurance Mock Question:
The extra premium to be paid in order to compensate for the additional risk involved in insurance is known as:
a) Surcharge
b) Escalation
c) Loading
d) Proration
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Health Insurance (Set 1)
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4 Feb 2026
Health Insurance Mock Question:Which of the following statements is TRUE regarding critical illness insurance?
a) A Critical Illness rider acquires cash value.
b) A Critical Illness rider is automatically terminated once the basic policy is surrendered.
c) Critical Illness coverage will terminate at a specified age.
d) Critical Illness coverage can be issued on a stand-alone basis.
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M6A (Set 1)
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4 Feb 2026
CMFAS M6A Mock Question:Which of the following types of orders is filled immediately at the best possible price?
a) Limit Order
b) Market Order
c) Stop Order
d) Market-if-Touched Order
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M3 (Set 1)
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4 Feb 2026
CMFAS M3 Mock Question:An individual who is engaged in central dealing for funds managed by related entities of a Licensed Fund Managed Company (LFMC) can be any of the following types of representatives except:
a) appointed representatives
b) external representatives
c) provisional representatives
d) temporary representatives
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M3 (Set 2)
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4 Feb 2026
CMFAS M3 Mock Question:Which of the following is NOT a criteria for Fund Managed Companies (FMCs) to meet?
a) An FMC should ensure that the minimum competency requirements are met.
b) An FMC should satisfy MAS that its shareholders, directors, representatives and employees, as well as the FMC itself, are fit and proper.
c) An FMC carrying out fund management on behalf of any customer other than an accredited or institutional investor does not need to meet the base capital thresholds.
d) An FMC should have in place compliance arrangements that are commensurate with the nature, scale and complexity of its business.
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M6A (Set 2)
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4 Feb 2026
CMFAS M6A Mock Question:Which of the following occurs in an interest rate swap?
a) Net interest payments are made and the notional principal is swapped.
b) Net interest payments are made.
c) Notional principal is returned.
d) Net notional principal is swapped.
