M9_Mock_Quiz_Axa_2.pdf - CMFAS Module 9 CMFAS MODULE 9 LIFE...

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CMFAS Module 9AXA Singapore Pte Ltd1For Internal Use Only. Based on 5thEdition Text (March 2012)CMFASMODULE9LIFEINSURANCE&INVESTMENTLINKEDPOLICIES(5thEdition)Mock Exam 2AXA Life Insurance Singapore Pte Ltd
CMFAS Module 9Mock Exam 2Mock Exam 2C1/6,14.11.What is the difference between insurance and gambling?
2For Internal Use Only. Based on 5thEdition Text (March 2012)C4/2.3.24.Which of the following is NOT a Decreasing Term Insurance?
C1/22.When the insurer applies the law of large numbers to life insurance, it enables them to:3. Client bought a Whole Life Policy of sum assured $100,000.He had attached the Critical Illness
Additional Benefit Rider of up to 2 times the basic sum assured.He contracted one of thecovered critical illness.How much should the insurer pay ?A. $100,000B. $200,000C. $300,000D. $ 0
CMFAS Module 9Mock Exam 2C.14/8.4(d)(ii)5.Jenny’s premium for her life policy was due on 1 Jan 2010. She did not receive any premiumnotices from the insurer.By the time she realised and paid the premium it was already 28 Feb2010.What is likely to happen?
AXA Singapore Pte Ltd3For Internal Use Only. Based on 5thEdition Text (March 2012)C16/7.1
C1/14.3e6.In order for the validity of a trust component in a insurance policy, life insured must be the :

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