AAFM Exam CWM_LEVEL_2 Topic 5 Question 11 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 11
Topic #: 5

Section C (4 Mark)

Read the senario and answer to the question.

Nimita wants to know if she were to meet with an accident and get permanent disability in the third year of her Term Insurance policy, what amount of the premium due in the fourth year would be payable by her if the premium being paid towards the policy is Rs. 15,000 with sum assured of Rs. 50 lakh?

ARs. 15,000

BRs. 12,000

CRs. 7,500

DNil

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Suggested Answer: A

by Joanna at May 09, 2022, 09:51 AM

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