Choose one answer for each questions, no need to explain. The bold is the questions and below are the answer choice. Below are examples of peril, EXCEPT: Fire Flood Smoking Hurricane "Additional Rider" in a Takaful policy provision is considered as? Waived insured for a minor when a policyholder subscribes to general Takaful products Additional benefit enclosed with the basic Takaful policy which provides additional coverage at an extra cost Waived of premium throughout the disability Insured until 21 years old only Takaful applies bilateral contract whereby; * Takaful participants equally provide funds for investment purposes which managed by the Takaful operator Takaful participants mutually appoint the fund manager to share their future risks. Takaful participants jointly contribute into a fund to expect future financial protection Takaful participants mutually manage the Takaful fund with the Takaful operator for investment benefits What is cooperative Takaful? Also known as Takaful Tijari Participants manage themselves Managed by the third party Registered with Central Bank of Malaysia is for the insurer to exercise the insured's right to claim from a third party, in respect for a loss. Claim Subrogation Insurer's interest Insured's interest The following are the advantages and disadvantages of the Mortgage Reduced Term Takaful plan, EXCEPT? If participant died/ TPD, MRTT will cover the outstanding financing amount MRTT ensures the mortgage will be settled The participant/ his nomince will be paid the excess from the accumulated Participant's Fund MRTT assure the payment of the debt carried by the household Below are examples of a bilateral contract, EXCEPT: Contract pertaining to doing a work Contract of security Contract of custody Contract of endowment What is the condition to be a Takaful operator? Must maintain loss of assets over liabilities Must be a company only Must make a deposit before obtaining a license Registration is optional A tenant rented a house and the house was caught on fire. What type of Takaful that the owner of the house can claim? Rental Takaful House tenant Takaful Household Takaful Tenant Takaful Choose one answer for each questions, no need to explain. The bold is the questions and below are the answer choice. Below are examples of peril, EXCEPT: Fire Flood Smoking Hurricane "Additional Rider" in a Takaful policy provision is considered as? Waived insured for a minor when a policyholder subscribes to general Takaful products Additional benefit enclosed with the basic Takaful policy which provides additional coverage at an extra cost Waived of premium throughout the disability Insured until 21 years old only Takaful applies bilateral contract whereby; * Takaful participants equally provide funds for investment purposes which managed by the Takaful operator Takaful participants mutually appoint the fund manager to share their future risks. Takaful participants jointly contribute into a fund to expect future financial protection Takaful participants mutually manage the Takaful fund with the Takaful operator for investment benefits What is cooperative Takaful? Also known as Takaful Tijari Participants manage themselves Managed by the third party Registered with Central Bank of Malaysia is for the insurer to exercise the insured's right to claim from a third party, in respect for a loss. Claim Subrogation Insurer's interest Insured's interest The following are the advantages and disadvantages of the Mortgage Reduced Term Takaful plan, EXCEPT? If participant died/ TPD, MRTT will cover the outstanding financing amount MRTT ensures the mortgage will be settled The participant/ his nomince will be paid the excess from the accumulated Participant's Fund MRTT assure the payment of the debt carried by the household Below are examples of a bilateral contract, EXCEPT: Contract pertaining to doing a work Contract of security Contract of custody Contract of endowment What is the condition to be a Takaful operator? Must maintain loss of assets over liabilities Must be a company only Must make a deposit before obtaining a license Registration is optional A tenant rented a house and the house was caught on fire. What type of Takaful that the owner of the house can claim? Rental Takaful House tenant Takaful Household Takaful Tenant Takaful