M9A (Set 1)
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4 Feb 2026
CMFAS M9A Mock Question:
Investment management fees of an Investment Linked Policy (ILP) sub-fund are calculated based on a percentage of the:
a) distribution cost
b) assets under management (AUM)
c) bid-offer spread
d) premiums collected
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M9A (Set 2)
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4 Feb 2026
CMFAS M9A Mock Question:If the policyholder of a structured Investment Linked Policy (ILP) survives throughout the term of the policy:
a) The sum assured is paid out.
b) The cash value is paid out.
c) The maturity value is paid out.
d) The policy ownership is passed on to the beneficiary.
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M5 (Set 1)
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4 Feb 2026
CMFAS M5 Mock Question:Which of the following statements regarding Financial Advisers is NOT true?
a) A financial adviser who provides financial advisory service in respect of securities has to maintain a register of its interest in securities.
b) A financial adviser can withdraw monies related to a contract of insurance
from a bank account maintained by it.c) A financial adviser can disclose to its clients any information on past performance in relation to a Collective Investment Scheme based on the simulated results of a hypothetical Collective Investment Scheme.
d) A financial adviser can make comparisons of the past performance of a Collective Investment Scheme with that of another Collective Investment Scheme to a client.
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BCP Set B
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4 Feb 2026
BCP Mock Question:Which of the following statements regarding insurable interest is incorrect?
a) There must be some property, rights, interest or potential liability capable of being insured.
b) The property, rights, interest or potential liability must be the subject matter of the insurance.
c) The insured must not stand in a relationship, recognized by law, with the subject matter of the insurance.
d) The proposer must benefit from the continued existence of the subject matter of the contract or be prejudiced by its loss.
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BCP Set C
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4 Feb 2026
BCP Mock 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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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.
