PGI Study Guide 2026
Everything you need to pass the PGI exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 PGI Exam Format at a Glance
📚 PGI Topics to Study (33)
✍️ Sample PGI Questions & Answers
1. Does home insurance cover water damage from a burst pipe in Singapore?
Water damage from burst pipes, overflowing tanks, or leaking appliances is typically covered under home contents insurance. However, gradual water damage from poor maintenance may be excluded.
2. What is a 'voyage policy' in marine insurance?
A voyage policy covers the subject matter for a specific voyage, attaching at the commencement of the voyage and ceasing when the destination is reached.
3. In marine insurance, what is an 'insurable interest'?
Insurable interest means the insured must have a legal or equitable relationship with the subject matter such that they benefit from its safety or suffer from its loss.
4. What is 'finite reinsurance' and why has it attracted regulatory scrutiny?
Finite reinsurance involves limited risk transfer and often has significant financial engineering components. Regulators have scrutinized it to ensure genuine insurance risk is transferred, rather than being used purely to smooth accounting results.
5. What is the 'renovation insurance' or 'home renovation protection plan' in Singapore?
Renovation insurance covers new renovations against damage from perils like fire, water leakage, and accidental damage. It also provides liability coverage during the renovation period.
6. What is 'cyber liability' insurance and why is it growing in Singapore?
With Singapore's digital economy growth and strict PDPA requirements, cyber liability insurance covers costs from data breaches, including notification expenses, legal defence, regulatory fines, and business disruption.