Do you want to improve your CFP exam performance? Then do not make the mistakes that some candidates make. In their initial stages of preparation, some aspirants stick to completing the syllabus and avoid practicing CFP test questions in between. But we advise CFP aspirants to practice questions as soon as they are done with particular topic. This is important to know if you really understood the topic or not. CFP Exam Prep by Achieve provides you with ten practice questions from the topic – Risk management and insurance planning, to help you gauge how well you understood it.
Q1. Group paid-up life insurance is a combination of:
A. Decreasing units of permanent insurance and increasing units of group term life insurance
B. Decreasing units of permanent insurance and decreasing units of group term life insurance
C. Increasing units of permanent insurance and increasing units of group term life insurance
D. Increasing units of permanent insurance and decreasing units of group term life insurance
Q7. Tom is a psychiatrist with two children and a wife. He isn’t particularly good at saving money, so he wants to get a life insurance policy that would cover him for the rest of his life and push him to save money. Which of the following is Tom’s best choice?
Q8. Lucy just started working in a manufacturing facility. She wants to protect herself against total disability and also wants to protect herself against reduced wages if she has a partial disability. Which of the following should Lucy make sure to include in her disability policy?
CFP aspirants are advised to attempt mock tests of easy, intermediate, and advanced difficulty levels. This will help you not be overwhelmed by the Certified Financial Planner question paper in the exam hall. You can solve topic-wise questions from the CFP Exam Prep by Achieve to comprehend the various types of MCQs asked and your understanding of the topic.