Health Insurance (Set 2)
$19.90
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 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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CMFAS M5 Mock Question:A financial adviser must disclose all of the following except:
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b) the bid and offer prices of a collective investment scheme with a single pricing scheme.
c) the risk factors that may result in the benefits payable to be less than that illustrated in the benefit illustration.
d) whether the units of a collective investment scheme will be priced on a historical or forward basis.
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M3 (Set 2)
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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.
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BCP Set A
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BCP Mock Question:Which of the following statements about ‘common law’ is NOT TRUE?
a) It is sometimes called ‘unwritten law’.
b) It consists of generally accepted rules and requirements that a civilized society will consider automatic.
c) It can be modified or abolished by statute law.
d) It cannot be modified by the mutual agreement of parties to a contract.
