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M9 — Life Insurance and Investment-Linked Policies I Question 3 of 5

Under the Insurance Act, which of the following best describes a "life policy" in Singapore?

AA policy that only covers death benefits
BA policy effected on human life, including survival and annuity policies ✓
CAny insurance policy underwritten by a licensed insurer
DA policy covering accidental death and disability only
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MAS regulations, ethics, and conduct standards. Required for all FA practitioners regardless of product scope.
Unit trusts, REITs, and CIS products. Required for candidates advising on collective investment schemes.
Advanced CIS topics building on M8. Required together with M8 for advising on collective investment schemes.
Life insurance concepts, ILPs, riders, and suitability. Core foundation for life insurance FA roles.
Advanced ILP topics — derivatives, structured products and case studies. Taken after or with M9.
MediShield Life, integrated shield plans, and health insurance regulations in Singapore.

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