The CMFAS M9A examination comprises of 50 questions, time given is 1 hour and the passing mark is 70%.

$19.90
3 Apr 2025
CMFAS M9A Exam 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.
The CMFAS M9A examination comprises of 50 questions, time given is 1 hour and the passing mark is 70%.

3 Apr 2025
CMFAS M9A Exam 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