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CMFAS M5 Exam Question:A financial adviser must disclose all of the following except:
a) any lien imposed on a life policy.
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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BCP Set C
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BCP Exam Question:Which of the following is a method to use such that a risk and its potential financial consequences can be transferred to another party without the use of insurance?
a) Risk transfer
b) Risk pooling
c) Non-insurance transfer
d) Non-insurance pooling
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ComGI Exam Question:If a motor vehicle cannot be restored to a safe pre-accident condition and the total repair costs exceeds the Economic Repair Value, the insurer will have the option to settle the claim on a:
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