M9 (Set 1)

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100 Questions & Answers Category:

 
4 Aug 2025
CMFAS M9 Exam Question:

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

a) Level Term Insurance

b) Increasing Term Insurance

c) Decreasing Term Insurance

d) Credit Insurance

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

 

M9 (Set 1)

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  • M9 (Set 2)

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    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