M9 (Set 2)
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4 Feb 2026
CMFAS M9 Mock 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
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M9 (Set 1)
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4 Feb 2026
CMFAS M9 Mock 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
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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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BCP Set A
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4 Feb 2026
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.
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PGI Set A
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4 Feb 2026
PGI Mock Question:Which of the following statements regarding Blanket Coverage is FALSE?
a) The insurer will pay the amount required to repair or replace the article less depreciation
b) The insurer will not pay more than the amount of blanket coverage in the category
c) The insurer will not pay more than the amount of blanket limit per item for loss to any one article
d) The insurer will pay the insured in cash the replacement cost of the article if mutually agreed upon
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CGI Set B
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4 Feb 2026
ComGI Mock Question:Which of the following terms correctly describes a situation where an individual who is liable for an accident is under the control of some other person or organization, and who, therefore, transfers liability to that party in control?
a) Strict Liability
b) Absolute Liability
c) Vicarious liability
d) Negligence
