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  ComGI Mock 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:

  a) Constructive Total Loss Basis

  b) Repair Discharge Basis

  c) Disabled Vehicles Basis

  d) Damage Limit of Indemnity Basis

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  Corporate package (M1B M5 M6 M6A)

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  M1A (Set 1)

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  CMFAS M1A Mock Question:

  A Capital Market Services (CMS) Licence Holder for dealing in securities can trade on a stock market if it entered into a transaction on behalf of a principal whereby the instruction of the principal:

  a) was allowed by the CMS Licence Holder.

  b) was advised by the CMS Licence Holder.

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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.