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CFP Module 2 Practice Questions - FPAM CFP Certification Module 2 - Insurance Planning and Estate Planning (Malaysia) Exam

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About this Exam

Prepare with the CFP Module 2 Practice Questions - FPAM CFP Certification Module 2 - Insurance Planning and Estate Planning (Malaysia) Exam practice quiz. This question bank includes 100 questions covering insurance, life, malaysia, distribution, and trust. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

Sample Questions

Question 1
What is the primary purpose of life insurance?
Tax avoidance
Wealth accumulation
Income replacement
Health coverage
Question 2
Which principle states the insured must suffer a financial loss?
Utmost Good Faith
Insurable Interest
Indemnity
Subrogation
Question 3
A client earns RM 100,000/yr. Needs 50% for 10 years. What is the cover needed? (0% discount)
RM 500,000
RM 1,000,000
RM 250,000
RM 750,000
Question 4
What act governs non-Muslim wills in Malaysia?
Distribution Act 1958
Wills Act 1959
Probate Act
Trust Act 1949
Question 5
Dying intestate with spouse and parents, no issue. How is the estate divided?
Spouse 1/2, Parents 1/2
Spouse 100%
Parents 100%
Spouse 2/3, Parents 1/3

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Additional Information

CFP Module 2 Practice Questions - FPAM CFP Certification Module 2 - Insurance Planning and Estate Planning (Malaysia) Exam

This practice set contains 100 questions from the matching question bank and focuses on insurance, life, malaysia, distribution, and trust. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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Frequently Asked Questions

This quiz contains a total of 100 practice questions carefully selected to test your knowledge on this subject.
Yes, you will have exactly 0 minutes to complete the exam. A countdown timer will be visible once you start.
Yes, you can retake this practice test as many times as you need. The questions and options may be randomized on subsequent attempts to ensure comprehensive learning.

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