Overview

Agent's licensing programme provide accredited insurance agent’s licensing exam for the Malaysian insurance industry. The goal is to ensure all new entrants to are well-prepared, pass the exam and eligible for employment at insurance agencies, include GRIT Financial Consultancy.

Insurance Professional Exam Types (2-in-1 paper)
PCE - Pre-contract examination for insurance agent
CEILLI - Certificate examination in investment-linked life insurance

Mode of exams
Onsite / virtual computer-based exam

Exam languages
English, B. Malaysia, Chinese

Question format
Multiple choice questions (MCQ)

Total number of questions
100

Passing marks
50%

Exam duration
2 hours

Exam fee
RM 140

Exam Venue (computer-based)
Nexus Professional Sdn Bhd [map]
B03-23, Krystal Point 303, 11900 Bayan Lepas, Penang.
Other venues in Malaysia

Exam Schedule
Penang schedule
Other location schedule in Malaysia

PCE Chapter Materials

Learning Objectives: 
Upon completion of PCE, you will learn how to conversant with insurance concepts, operations of life and general insurance business and products, and ethical practices in insurance business.

PCE Learning Package in PDF
Above materials are purely for internal training programme of Great Eastern Malaysia. Whatsapp us for material access.
PCE Chapter Outline
Chapter 1: Risk and Insurance
Chapter 2: Basic Principles of Insurance
Chapter 3: Legislation and Consumer Protection
Chapter 4: The Insurance Contract
Chapter 5: Law of Agency
Chapter 6: Medical & Health Insurance
Chapter 7 to 10: General Insurance (not applicable)
Chapter 11: Legal Aspects of Life Insurance
Chapter 12: Life Insurance Products
Chapter 13: Life Insurance Premium Rating
Chapter 14: Life Insurance Underwriting and Documents
Chapter 15: Life Insurance Claims
Chapter 16: Code of Practices for Life Insurance Agents

PCE Practice Exam

Above materials are purely for internal training programme of Great Eastern Malaysia. Whatsapp us for material access.

CEILLI Chapter Materials

Learning Objectives: 
Upon completion of CEILLI, you will learn how to conversant in operations of investment-linked products and features, and the ethical practices in insurance business.

CEILLI Learning Package in PDF
CEILLI Chapter Outline
Chapter 1: Introduction to Investment-Linked Life Insurance
Chapter 2: Mechanism & Features of Regular Premium Investment-Linked
Chapter 3: Mechanism & Features of Single Premium Investment-Linked
Chapter 4: Consideration for Purchasing an Investment-Linked Policy
Chapter 5: Investment Consideration
Chapter 6: Types of Investment Vehicles and Potential Risks
Chapter 7: Common Types of Investment Linked Funds
Chapter 8: Pertinent Guidelines on Investment-Linked (IL) Business and Guidelines on Investment-Linked Business
Chapter 9: Agents Professional Approach and Guidelines
Above materials are purely for internal training programme of Great Eastern Malaysia. Whatsapp us for material access.

CEILLI Practice Exam

Above materials are purely for internal training programme of Great Eastern Malaysia. Whatsapp us for material access.

*Takaful Basic Exam (TBE) 

Learning Objectives: 
This section is only applicable for candidates who are going for non-conventional Takaful examination. Upon completion of TBE, you will learn the Part A (Basics of Takaful and Medical & Health Takaful) & Part C (Family Takaful and Investment-Linked Takaful ILT).

Special Tips from GRIT

How to pass PCE & CEILLI or TBE exam? 

This video presented as a guideline only, see below actual notes. 

Fret not! If you have a good understanding of the topics, and how the exam works, you have a good chance of passing.

These are a few steps to begin:

1) Understand the general concept such as policies, riders, options, annuities, underwriter consideration and etc.
2) You should expect to spend about total 35 to 40 hours studying.
3) Set a schedule over a period of a few weeks. For examples,
 
- 6 hours a day for 1 week or
- 2 hours a day for 3 weeks
4) Try to take at least one practice exam for PCE & CEILLI or TBE, refer to sections:
 

I used to pass one paper before, can I take exam for other paper only?
Yes, you are given option to either take 2-in-1 paper, or 2 separate papers in different timelines.

How do I register online for PCEIA & CEILLI or TBE computer-based exam?
Registration for PCEIA, CEILLI & TBE must be done online. Once you made up your mind, GRIT will assist you through the registration process through iLMS.

What is my career progression with GRIT Financial Consultancy? 
There are opportunities for career progression from you, as an advisor executive to eventually becoming a leader with GRIT, whereby your role would change towards recruiting, developing and leading your own team.

Can I join as Part Time?
Yes, you may operate either on a part time basis or a full time basis. Majority of our staffs have become full time insurance advisors in order to fully concentrate on building a successful business.

“Trust yourself, you know more than you think you do” - Benjamin Spock
Obtaining a insurance license is challenging, but think about a professional career ahead of you alongside with the high financial rewards, ignite your desire filled action starting today.

Welcome to join us soon. We wish you all the best in your exam !

References

  • https://insurance.com.my/learning2/pceia-ceile-bamc-rfp
  • https://insurance.com.my/index.php/home/FAQs
  • https://www.greateasternlife.com/my/en/careers/life-planning-advisor/frequently-asked-questions.html

Got thoughts? Feedback? 

I'd love to hear what you think of this exam learning guide! If you have any thoughts on what you like, or don't like, or ideas on how GRIT could be improved please let us know. Find us on whatsapp or email us GritFinancialConsultancy@gmail.com.

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