Scribd Logo
Upload

Welcome to Scribd!

  • Siq3005 1 2020

    Uploaded by

    xingren010808
    9 views8 pages

    Original Title

    SIQ3005_1_2020

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    9 views8 pages

    Siq3005 1 2020

    Uploaded by

    xingren010808

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    of 8
    UNIVERSITI MALAYA UNIVERSITY OF MALAYA PEPERIKSAAN IJAZAH SARJANA MUDA SAINS AKTUARI EXAMINATION FOR THE DEGREE OF BACHELOR OF ACTUARIAL SCIENCE SES! AKADEMIK 2019/2020 : SEMESTER | ACADEMIC SESSION 2019/2020 : SEMESTER! $1Q3005 i insurans Hayat dan Takaful Life Insurance and Takaful Dis 2019 / Jan 2020 Masa : 3 jam Dec 2019/ Jan 2020 Time : 3 hours ARAHAN KEPADA CALON: INSTRUCTIONS TO CANDIDATES: Calon dikehendaki menjawab SEMUA soalan. Answer ALL questions. (Kertas soalan ini mengandungl 6 soatan dalam 8 halaman yang dicetak) (This question paper consists of 6 questions on & printed pages) (a) (b) (©) $1Q3005, Polisi insurans hayat berkaitan pelaburan telah di perkenalkan di Malaysta seperti banyak negara lain, yang mengunderitkan pemiagaan tersebut sebagai satu kaedah yang menawarkan pemegang poiisi insurans hayat yang nilainya secara langsung dikaitkan dengan prestasi pelaburan. Terangkan ciri-ciri polisi insurans hayat berkaitan pelaburan, Investment-tinked life insurance policies were introduced in Malaysia as in ‘meny countries that underwrite such business as a way of offering policy ‘owners life insurance policies with values directly linked to investment performance. Explain characteristic of investmentlinked life insurance Paoticies? (12 markatvimarks) ‘Apakah peningkatan kuasa yang dilakukan oleh Bank Negara Malaysia (BNM) berkaitan pemasaran produk insurans hayat? What are the enhanced powers of Bank Negara Malaysia (BNM) in relation to the marketing of life insurance product? (2 markah/marks) Di Malaysia, penamatan kontrak insurans hayat selalunya dibuat dengan penyelesaian tuntutan. Terangkan situasi di mana suatu tuntutan boleh dikemukan. In Malaysia, termination of a fife insurance contract is usually marked by the seitiement of a ciaim. Explain situations which a claim can be submitted? (4 markabvmarks) 28 $1Q3005 Morgan dan Ann telah berkahwin dan mempunyai seorang anak lelaki berusia 1 tahun. Morgan berusia 38 tahun, mempunyai pendapatan tahunan sebanyak $72,000 sebagai pengurus pemasaran di sebuah syarikat insurans. Ann, berusia 34 tahun, berpendapatan $36,000 sebagai eksekutif pemasaran di sebuah syarikat peruncitan. Morgan ingin kewangan keluarganya selamat dari segi kewangan sekiranya dia mati pramatang Morgan menganggarkan bahawa keluarganya memeriukan sekurang- kurangnya $10,000 untuk perbelanjaan pengebumian dan $5,000 untuk perbelanjaan perubatan yang tidak dilindungi insurans. Ansuran ke alas pinjaman kereta dan hutang kad kredit adalah kini berjumlah $10,000. Morgan juga ingin memberikan pendapatan bulanan kepada ahli keluarganya ketika tempoh penyetarasan dan tempoh kebergantungan sehingga anaknya mencapai lebih Kurang 18 tahun. Gaji bersih yang dibawa pulang oleh Morgan dan Ann ialah $7,000 sebulan. Morgan percaya bahawa keluarganya mampu mengekalkan dan menerima $5,000 sebulan selama 17 tahun semasa tempoh penyelarasan dan tempoh kebergantungan. Gaji yang dibawa pulang oleh Ann ialah sebanyak $3,000 sebulan dan anak Morgan seterusnya menerima anggaran sebanyak $1,000 setiap bulan dari manfaat Keselamatan Sosial sehingga berumur 18 tahun, Oleh itu, keluarga ini akan menerima sebanyak $4,000 daripada kedua-dua sumber tersebut dan kekurangan bulanan sebanyak $1,000 sebulan. Morgan memerlukan tambahan pendapatan bulanan bagi menampung kekurangan bulanan selama 2 tahun bagi tempoh penyesuaian dan 15 tahun bagi tempoh kebergantungan. ‘Tambahan pendapatan ketika tempoh blackout tidak di perlukan. Morgan juga _mempunyai keperluan tambahan. Beliau inginkan pinjaman gadai janji dilunaskan jika ia mati. Baki kini pinjaman gadai janji ialah sebanyak $220,000. Beliau juga mahu menubuhkan tabung pelajaran sebanyak $180,000, Pada masa yang sama, Morgan juga mempunyai aset kewangan seperti berikut: + Akaun peribadi dan akaun cek $30,000 « Saham $40,000 « Insuran hayat individu $35,000 * Insuran berkelompok $50,000 $1Q3005, Morgan and Ann are merried and have a son, aged 1 year. Morgan, aged 38 years, eams $72,000 annually as @ marketing manager for an insurance company. Ann, aged 34 years, eams $36,000 as a sale executive of a retail company. Morgen would {ike his family to be financially secure if he dies prematurely. Morgan estimates that his family will need at least $10,000 for funeral expenses and ‘$5,000 for uninsured medical expenses. His installment on car loan and credit cards debt is currently $10,000. Morgan also wants fo provide monthly income to his family during the readjustment and dependency periods until his son reaches age 18. Morgan and Ann's net take home pay is approximately $7,000 each month. Morgan believes that his family is able to maintain and receive $5,000 monthly for 17 years during the readjustment and dependency periods. Ann’s net away take home pay is about $3,000 monthly and Morgan's son will continue to receive an estimated $1,000 each month from Social Security Benefits until age 18. Thus, the femily would receive 2 total of $4,000 from these two and a monthly shortfall of $1,000, Morgan needs additional monthly income to cover this monthly shortfall during the 2 years adjustment period and during the 15 years of dependency period. Additional income during the blackout period is not needed. Morgan has also additional needs. He would like the mortgage loan to be paid off if he should die. The present morigage loan balance is $220,000. He also wants to ‘establish an educational fund of $180,000. Meanwhile, Morgan has aiso the following financial assets: * Personal and checking accounts $30,000 «Stocks $40,000 * Individual life insurance $35,000 Group life insurance $50,000 (@)__Berapakah insurans hayat tambahan yang diperlukan, yang patut Morgan eli untuk memenuhi matlamat kewangan’ berasaskan pendekatan keperluan? Tunjukkan langkah-langkah dan perhitungan anda yang sewajamnya. How much additional life insurance required, should Morgan purchase to meet his financiat goals based on the needs approach? Show your steps and calculation accordingly. (8 markah/marks) (b)Berdasarkan langkah-langkah dan perhitungan anda, apakah kelebihan dan kekurangan pendekatan keperluan? Based on your steps and ceiculation, what are the advantages and disadvantage(s) of the needs approach? (2 markah/narks) 48 (a) ‘103005 Satu poiisi insurans hayat berjumlah $12,000 dijual kepada seorang individu yang berumur 33 tahun. Diberi data kos seperti berikut: A lite insurance policy amounting to $12,000 is sold to an individual, age 33. The following cost data are given: ‘Premium Tahunan ‘Annual Premium $220

    You might also like