M9 vs M9A: which module do you need first?
M9 is the core life insurance module: policy types, provisions, nominations, ILP basics and annuities, in 100 questions over 2 hours. M9A goes deeper into investment-linked policies in 50 questions over 1 hour. Most life insurance advisers need both, either separately or as the combined CM-LIP.
M9 vs M9A at a glance
| M9 | M9A | |
|---|---|---|
| Full name | CMFAS Module 9: Life Insurance and Investment-Linked Policies | CMFAS Module 9A: Life Insurance and Investment-Linked Policies II |
| Questions | 100 multiple-choice questions | 50 multiple-choice questions |
| Time | 2 hours | 1 hour |
| Passing score | 70% (70 out of 100) | 70% (35 out of 50) |
| Format | Closed book, computer-based | Closed book, computer-based |
| Cost | Set by SCI (single product modules have been listed at roughly S$80 to S$137); check SCI before you register | Set by SCI (single product modules have been listed at roughly S$80 to S$137); check SCI before you register |
| Languages | English | English |
| Where | SCI computer-based examination centre, Singapore | SCI computer-based examination centre, Singapore |
| Level | Life insurance | Life insurance |
What each exam covers
M9
- Principles of Life Insurance
- Types of Life Insurance Policies
- Policy Provisions, Riders and Nominations
- Investment-Linked Policies
- Annuities and Retirement Planning
- Needs Analysis, Underwriting and Claims
M9A
- Investment Fundamentals for ILPs
- ILP Sub-Funds and Structures
- Charges, Unit Pricing and Valuation
- Disclosure and Policy Documents
- Risks and Suitability of ILPs
Which should you take?
M9 is the core life insurance module: policy types, provisions, nominations, ILP basics and annuities, in 100 questions over 2 hours. M9A goes deeper into investment-linked policies in 50 questions over 1 hour. Most life insurance advisers need both, either separately or as the combined CM-LIP.
Try both, free
Each free practice test takes about 10 minutes and shows your score by topic. No signup.
FAQ
What is the difference between M9 and M9A?
M9 is the core life insurance module: policy types, provisions, nominations, ILP basics and annuities, in 100 questions over 2 hours. M9A goes deeper into investment-linked policies in 50 questions over 1 hour. Most life insurance advisers need both, either separately or as the combined CM-LIP.
Which is harder, M9 or M9A?
M9: 100 multiple-choice questions in 2 hours. M9A: 50 multiple-choice questions in 1 hour. The longer exam covers more ground, but the harder one is the one further from your daily work. Take both free practice tests to see where you stand.
Can I hold both M9 and M9A?
Yes. CMFAS modules are separate exams, and most representatives need several, matched to the products they'll advise on.
How do I prepare for M9 and M9A?
Start with the free practice test for each, then study by topic. Premium is per exam (S$187 a month each), so most people start with the exam they'll sit first and add the second when they're ready.
More comparisons
Exam details are summarized from SCI's and IBF's published information as of October 2026. Confirm with SCI or IBF before you book. CMFASQuizBank is not affiliated with MAS, SCI or IBF.