CMFAS M9

Introduction to CMFAS M9 Exam

The CFMAS M9 Exam applies all persons who wish 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).

M9 Exam Syllabus

The M9 exam syllabus is broken down into the following topics:

  • Risk And Life Insurance
  • Setting Life Insurance Premium
  • Classification Of Life Insurance Products
  • Traditional Life Insurance Products
  • Riders (Or Supplementary Benefits)
  • Participating Life Insurance Policies
  • Investment-linked Life Insurance Policies (ILPS): Types, Features, Benefits And Risks
  • Investment-linked Sub-Funds
  • Investment-linked Life Insurance Products: Computational Aspects
  • Annuities
  • Application And Underwriting
  • Policy Services
  • Life Insurance Claims
  • The Insurance Contract
  • Law Of Agency
  • Income Tax And Life Insurance
  • Insurance Nomination, Wills And Trusts

M9 Exam Format

The M9 exam format follows the following:

  • 100 MCQs (computer-based)
  • Duration: 2 hours
  •  Passing score: 70%

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