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M3 Set 2
SGD 29.90 Add to cart2 July 2020
CMFAS M3 Exam Question
Which of the following statements regarding a Fund Management Company (FMC) is false?
a) It cannot procure the services of entities in which its CEO has controlling interests.
b) It may invest into the fund using moneys belonging to its related entities or employees.
c) It may invest customer moneys into the securities of its related entities.
d) It should ensure that there is adequate disclosure to its customers in respect of each fund that it manages.
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SCI Health Insurance Set 2
SGD 29.90 Add to cart2 July 2020
HI Exam Question
The maximum period for which disability payouts are payable to the insured in respect of one disability period is known as the:
a) exception period
b) benefit period
c) elimination period
d) disability period
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SCI Health Insurance Set 1
SGD 29.90 Add to cart2 July 2020
HI Exam Question
What is the Final Expense Benefit of a medical insurance policy?
a) A benefit to waive the last payment of a hospital bill.
b) A waiver of the deductible and co-insurance should death occur to the insured.
c) A fixed amount of cash benefit given to the insured post-hospitalisation.
d) A waiver of the medical expenses should treatment not cost more than a certain amount.
