M9 - Life Insurance And Investment-Linked Policies
For Whom
Those intending to provide advice on and / or arrange life insurance policies (whether or not including investment-linked policies) are required to pass this module, together with the module M5 on Rules And Regulations For Financial Advisory Services, in compliance with the requirements as laid down by the Monetary Authority of Singapore (MAS).
Objective
To ensure potential financial advisers / representatives possess the requisite basic knowledge of life insurance and investment-linked policies.
Contents
Based on 5th EditionChapter 1 – Risk And Life Insurance Chapter 2 – Setting Life Insurance Premium Chapter 3 – Classification Of Life Insurance Products Chapter 4 – Traditional Life Insurance Products Chapter 5 – Riders (Or Supplementary Benefits) Chapter 6 – Participating Life Insurance Policies Chapter 7 – Investment-linked Life Insurance Policies (ILPS): Types, Features, Benefits And Risks Chapter 8 – Investment-linked Sub-Funds Chapter 9 – Investment-linked Life Insurance Products: Computational Aspects Chapter 10 – Annuities Chapter 11 – Application And Underwriting Chapter 12 – Policy Services Chapter 13 – Life Insurance Claims Chapter 14 – The Insurance Contract Chapter 15 – Law Of Agency Chapter 16 – Income Tax And Life Insurance Chapter 17 – Insurance Nomination, Wills And Trusts
Structure & Format
100 multiple-choice questions. (5th edition) – with effect from 1 September 2011
Duration
2 hours (5th edition) – with effect from 1 September 2011
Minimum Passing Grade & Result Slip
70%
One mark will be awarded for each correct answer. No mark will be awarded or deducted for any wrong or blank answer.
No certificate will be issued. Only Result Slip will be issued.
Those intending to provide advice on and / or arrange life insurance policies (whether or not including investment-linked policies) are required to pass this module, together with the module M5 on Rules And Regulations For Financial Advisory Services, in compliance with the requirements as laid down by the Monetary Authority of Singapore (MAS).
Objective
To ensure potential financial advisers / representatives possess the requisite basic knowledge of life insurance and investment-linked policies.
Contents
Based on 5th Edition
Structure & Format
100 multiple-choice questions. (5th edition) – with effect from 1 September 2011
Duration
2 hours (5th edition) – with effect from 1 September 2011
Minimum Passing Grade & Result Slip
70%
One mark will be awarded for each correct answer. No mark will be awarded or deducted for any wrong or blank answer.
No certificate will be issued. Only Result Slip will be issued.
