CMFAS Health Insurance (HI) Exam Free Trial
Let us do all the heavy works so that you can study efficiently.
Quiz-summary
0 of 20 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
Information
CMFAS Module HI Free Preview
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 20 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
-
Congratulations! You have completed the first free practice question
Enter your email below to start the next free practice questions immediately
Or
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- Answered
- Review
-
Question 1 of 20
1. Question
In the event of a claim for Hospital Cash Insurance, the insurer will require submission of the following supporting documents:
I. Claim form.
II. Hospital discharge summary and bills.
III. Attending Physician’s Report.
IV. Proof of the critical illness, such as biopsy report.Correct
In the event of a claim, the insurer will require submission of the following supporting documents:
(a) claim form; and
(b) hospital discharge summary and bills.Incorrect
I & II.
In the event of a claim, the insurer will require submission of the following supporting documents:
(a) claim form; and
(b) hospital discharge summary and bills. -
Question 2 of 20
2. Question
Travel Insurance usually does not cover any claims directly or indirectly arising from or in connection with:
I. Illegal or unlawful act of the insured.
II. Routine health check-up, or cosmetic (aesthetic) or plastic surgery.
III. Sexually transmitted disease.
IV. Pregnancy or childbirth or any sickness associated with pregnancy or childbirth.Correct
Travel Insurance usually does not cover any claims directly or indirectly arising from or in connection with:
– Routine health check-up, or cosmetic (aesthetic) or plastic surgery.
– Pregnancy or childbirth or any sickness associated with pregnancy or childbirth.
– Sexually transmitted disease, AIDS and HIV conditions or AIDS related infections.
– War, invasion, act of foreign enemy, hostilities or warlike operations.
– Driving or riding in any kind of race, engaging in any professional sport, ice or winter sport, mountaineering requiring the use of guides and ropes.Incorrect
II, III & IV.
Travel Insurance usually does not cover any claims directly or indirectly arising from or in connection with:
– Routine health check-up, or cosmetic (aesthetic) or plastic surgery.
– Pregnancy or childbirth or any sickness associated with pregnancy or childbirth.
– Sexually transmitted disease, AIDS and HIV conditions or AIDS related infections.
– War, invasion, act of foreign enemy, hostilities or warlike operations.
– Driving or riding in any kind of race, engaging in any professional sport, ice or winter sport, mountaineering requiring the use of guides and ropes. -
Question 3 of 20
3. Question
Group Dental Care Insurance policies also impose certain exclusions which include:
I. Hospital charges.
II. Medicine given.
III. War, invasion, act of foreign enemy.
IV. self-inflicted injury.Correct
Group Dental Care Insurance policies also impose certain exclusions which include:
(a) dental procedures that are not specified in the Schedule of Allowances;
(b) hospital charges;
(c) injuries arising directly or indirectly from war (declared or undeclared), revolution, or any warlike operation;
(d) medicine given;
(e) treatment which is purely cosmetic in nature;
(f) treatment resulting from self-inflicted injury, while sane or insane; and
(g) replacement of broken, lost or stolen dentures.Incorrect
I & II.
Group Dental Care Insurance policies also impose certain exclusions which include:
(a) dental procedures that are not specified in the Schedule of Allowances;
(b) hospital charges;
(c) injuries arising directly or indirectly from war (declared or undeclared), revolution, or any warlike operation;
(d) medicine given;
(e) treatment which is purely cosmetic in nature;
(f) treatment resulting from self-inflicted injury, while sane or insane; and
(g) replacement of broken, lost or stolen dentures. -
Question 4 of 20
4. Question
What is managed healthcare (MHC)?
Correct
MHC refers to an overall strategy for containing medical care costs, while assuring that people receive appropriate medical care. It will pay for most of the medical bills, when an individual sees a General Practitioner (GP), specialist or receives treatment in a hospital. Such strategies make use of a number of MHC techniques related to how medical care is accessed, provided and paid for.
Incorrect
MHC refers to an overall strategy for containing medical care costs, while assuring that people receive appropriate medical care. It will pay for most of the medical bills, when an individual sees a General Practitioner (GP), specialist or receives treatment in a hospital. Such strategies make use of a number of MHC techniques related to how medical care is accessed, provided and paid for.
-
Question 5 of 20
5. Question
The waiting period is imposed to prevent consumers from buying the policy only when:
Correct
The waiting period is imposed to prevent consumers from buying the policy only when they suspect that there is something wrong with their health; a practice known as anti-selection. If a person is found to be suffering from any of the critical illnesses before or during the waiting period, the insurer will void the policy and refund the premiums paid.
Incorrect
The waiting period is imposed to prevent consumers from buying the policy only when they suspect that there is something wrong with their health; a practice known as anti-selection. If a person is found to be suffering from any of the critical illnesses before or during the waiting period, the insurer will void the policy and refund the premiums paid.
-
Question 6 of 20
6. Question
Acceleration Benefit Critical Illness (CI) Insurance Cover provides for:
Correct
This type of CI Insurance cover can be issued as a packaged policy or rider. As the name implies, this type of cover provides for the pre-payment of a portion (e.g. 50%) or the full sum assured (i.e. 100%) of the basic policy to which it is packaged or attached.
Incorrect
This type of CI Insurance cover can be issued as a packaged policy or rider. As the name implies, this type of cover provides for the pre-payment of a portion (e.g. 50%) or the full sum assured (i.e. 100%) of the basic policy to which it is packaged or attached.
-
Question 7 of 20
7. Question
Which of the following statements is true regarding Additional Benefit Critical Illness (CI) Insurance Cover?
Correct
Additional Benefit Critical Illness (CI) Insurance Cover is available on a stand-alone basis or as a rider.
On a stand-alone basis, the sum assured will be paid upon the diagnosis of a covered critical illness, and the policy will be terminated.
As a rider, it pays an amount in addition to the sum assured of the basic policy to which it is attached.Incorrect
Additional Benefit Critical Illness (CI) Insurance Cover is available on a stand-alone basis or as a rider.
On a stand-alone basis, the sum assured will be paid upon the diagnosis of a covered critical illness, and the policy will be terminated.
As a rider, it pays an amount in addition to the sum assured of the basic policy to which it is attached. -
Question 8 of 20
8. Question
Which of the following statements is true regarding the Claims Procedure For Disability Income Policy?
Correct
Claims procedures for individual or group disability income are similar. In the event of a claim, the insured must notify the insurer within a specified period of time (e.g. 60 days) from the date of commencement of the disability. Failure to comply with this requirement might cause the claim to be invalidated, unless the insured could prove that it was not possible for him to notify the insurer within the specified period, and that he had tried his best to do so.
Incorrect
Claims procedures for individual or group disability income are similar. In the event of a claim, the insured must notify the insurer within a specified period of time (e.g. 60 days) from the date of commencement of the disability. Failure to comply with this requirement might cause the claim to be invalidated, unless the insured could prove that it was not possible for him to notify the insurer within the specified period, and that he had tried his best to do so.
-
Question 9 of 20
9. Question
Which of the following statements is true regarding the Eligibility Criteria For Payment Of LTC Benefits?
Correct
The insured need not be hospitalised to be eligible for the LTC benefits. He can use the benefits received under his LTC to pay for the costs of engaging a domestic helper (maid), to pay for the costs of staying in a nursing home, or to provide coverage of expenses in an assisted-living facility or home-care programme.
Incorrect
The insured need not be hospitalised to be eligible for the LTC benefits. He can use the benefits received under his LTC to pay for the costs of engaging a domestic helper (maid), to pay for the costs of staying in a nursing home, or to provide coverage of expenses in an assisted-living facility or home-care programme.
-
Question 10 of 20
10. Question
Insurers that offer hospital benefits as an extension to the LTC cover may impose:
Correct
Many elderly people may suffer short periods of dependence after a stay in hospital for an illness or injury, and a deferred period will ensure that short-term claims are avoided and, therefore, reduce the premium costs. Insurers that offer hospital benefits as an extension to the LTC cover may impose a shorter deferred period for such benefits to take effect.
Incorrect
Many elderly people may suffer short periods of dependence after a stay in hospital for an illness or injury, and a deferred period will ensure that short-term claims are avoided and, therefore, reduce the premium costs. Insurers that offer hospital benefits as an extension to the LTC cover may impose a shorter deferred period for such benefits to take effect.
-
Question 11 of 20
11. Question
Which of the following statements is true regarding benefit payment term?
I. The premiums payable will be more expensive.
II. Some insurers allow customers to choose the benefit payment term.
III. The benefits will be payable for the chosen period.
IV. premiums payable are not waived.Correct
While most insureds prefer the policy benefits to be payable as long as they live, the premiums for such plans may be too expensive for them to buy. Some insurers allow customers to choose the benefit payment term. This means that the benefits will be payable for the chosen period (e.g. 12 years of benefits). The premiums payable for a shorter benefit payment term will be cheaper and more affordable. During the benefit payment period, premiums payable are waived.
Incorrect
II & III.
While most insureds prefer the policy benefits to be payable as long as they live, the premiums for such plans may be too expensive for them to buy. Some insurers allow customers to choose the benefit payment term. This means that the benefits will be payable for the chosen period (e.g. 12 years of benefits). The premiums payable for a shorter benefit payment term will be cheaper and more affordable. During the benefit payment period, premiums payable are waived. -
Question 12 of 20
12. Question
Disability Income Insurance benefits are payable on:
Correct
Disability Income Insurance benefits are payable on a monthly basis for up to a fixed number of years (such as five or ten years), or until the insured reaches a certain age, While Permanent Disability Benefit is payable in instalments, or one lump sum, depending on the terms and conditions as specified in the Life Insurance policy.
Incorrect
Disability Income Insurance benefits are payable on a monthly basis for up to a fixed number of years (such as five or ten years), or until the insured reaches a certain age, While Permanent Disability Benefit is payable in instalments, or one lump sum, depending on the terms and conditions as specified in the Life Insurance policy.
-
Question 13 of 20
13. Question
When Total Disability takes the form of “own occupation”, It defined as:
Correct
This definition considers the occupation the insured is engaged in. Here, total disability is defined as: “the insured’s inability to perform the material duties of his own occupation”.
This refers to the insured’s own occupation at the time that the disability begins.Incorrect
This definition considers the occupation the insured is engaged in. Here, total disability is defined as: “the insured’s inability to perform the material duties of his own occupation”.
This refers to the insured’s own occupation at the time that the disability begins. -
Question 14 of 20
14. Question
Occupation is a crucial underwriting consideration for this reason:
Correct
Occupation is a crucial underwriting consideration for two reasons. Firstly, some occupations have a higher risk of disability from accidents (e.g. lorry driver), or illnesses, than others. Secondly, it is easier to return to work with some degree of incapacity in some occupations than in others.
Incorrect
Occupation is a crucial underwriting consideration for two reasons. Firstly, some occupations have a higher risk of disability from accidents (e.g. lorry driver), or illnesses, than others. Secondly, it is easier to return to work with some degree of incapacity in some occupations than in others.
-
Question 15 of 20
15. Question
What are the standard documents required by the insurer to assess the claim?
Correct
In the event of a claim, the insured required to furnish the following supporting documents to the insurer:
▪ claim form to be completed by the insured;
▪ physician’s statement by the attending doctor;
▪ discharge summary; and
▪ original medical bills.Incorrect
In the event of a claim, the insured required to furnish the following supporting documents to the insurer:
▪ claim form to be completed by the insured;
▪ physician’s statement by the attending doctor;
▪ discharge summary; and
▪ original medical bills. -
Question 16 of 20
16. Question
What is the advantage of Portable Medical Benefits Scheme (PMBS)?
Correct
The advantage of this scheme is that the employee can continue to be medically insured, even though he may be unemployed or is in-between jobs. This is because the coverage will continue as long as the premium is paid, regardless of his employment status. It also reduces duplication of insurance plans and premium payments.
Incorrect
-
Question 17 of 20
17. Question
What Is Medical Expense Insurance?
Correct
Medical Expense Insurance, also known as Hospital and Surgical (H&S) Insurance, provides inpatient and some outpatient benefits. Besides covering
common expenses, it also provides cover for complex surgical procedures like heart by-pass surgery and organ transplant, and other costly outpatient treatments, such as kidney dialysis and cancer chemotherapy.Incorrect
Medical Expense Insurance, also known as Hospital and Surgical (H&S) Insurance, provides inpatient and some outpatient benefits. Besides covering
common expenses, it also provides cover for complex surgical procedures like heart by-pass surgery and organ transplant, and other costly outpatient treatments, such as kidney dialysis and cancer chemotherapy. -
Question 18 of 20
18. Question
The meaning of Residential ILTC services is:
Correct
Residential ILTC services, which comprise community hospitals, chronic sick hospitals, nursing homes, inpatient hospices and sheltered homes for
the ex-mentally ill patients.Incorrect
Residential ILTC services, which comprise community hospitals, chronic sick hospitals, nursing homes, inpatient hospices and sheltered homes for
the ex-mentally ill patients. -
Question 19 of 20
19. Question
What does Emergency Overseas Inpatient Treatment refer to?
Correct
This refers to charges for inpatient treatment resulting from an emergency while overseas. It pays the lower of either the actual charges or reasonable expenses for equivalent medical treatment in Singapore.
Incorrect
This refers to charges for inpatient treatment resulting from an emergency while overseas. It pays the lower of either the actual charges or reasonable expenses for equivalent medical treatment in Singapore.
-
Question 20 of 20
20. Question
how can Medical Expense Insurance be offered?
Correct
Medical Expense Insurance can be offered as a rider or a stand-alone policy. If issued as a rider, it is often attached to a permanent Life Insurance policy. Note that it is not common in Singapore for Medical Expense Insurance to be offered as a rider.
Incorrect
Medical Expense Insurance can be offered as a rider or a stand-alone policy. If issued as a rider, it is often attached to a permanent Life Insurance policy. Note that it is not common in Singapore for Medical Expense Insurance to be offered as a rider.
Learn how you can reduce CMFAS Exam study time by 53% and achieve success completely for free
- Start Free practice questions set two
- Mistakes people make when preparing exam and how to avoid it
- When to know if you are ready for to take the exam
- How this one little trick can increase your pass rate by another 10% instantly
- How to remember what you studied without stressing yourself
- Why people with 20 years of working experience and a CFA, FRM holder failed the CMFAS exam
Why CMFASExam
Enormous Exam Bank
Large number of questions to help you memorize all possible exam content
Explanation Provided
Get detailed explanation right after each questions
Support All Devices
Support all tablets and handheld. Study anywhere
Until You Pass Guarantee
We are very confident with our product. Therefore all purchase comes with a success guarantee
Bonus Tips
Get the bonus article of: 17 Secret Tips To Improve CMFAS Study by 39%
Adhere to CMFAS Examination Format
All questions are adhered to the real examination format to simulate the real exam environment
Frequently Updated
Our exam bank is frequently updated by our examination team
Carefully Crafted
Each questions is carefully crafted by our exam specialist and adhere to the real question formats
Instant Access
No delivery time and fee is needed. Access immediately after payment