Sekolah Menengah Paragon (JGAJ003)

Paragon Education Sdn. Bhd. (1065913-H)

No 3, Jalan Mutiara Utama, Taman Perindustrian Plentong, Mukim Plentong,
81750 Johor Bahru, Johor. Tel: +607-3619696 Fax: +607-3619700

Name : ______________________ Class : Form 5.1

Subject : Mathematics Date : __ / __ / 2021
Topic : 010 - Consumer Mathematics: Teacher’s Name : Tan Jun You
Insurance

EXERCISE
1. Complete the table below regarding the differences between deductible and co-insurance.

Deductible Differences Co-insurance

Payment

Found in life insurance

Division 90% – 10%

2. Gurdev Singh has undergone eye surgery with a medical cost of RM8 500. The medical and
health insurance’s policy taken by him had charged a deductible of RM500 and co-insurance
90% - 10%.
(a) How many amount that need to pay by Gurdev Singh for his medical cost?
(b) How many amount that need to pay by the insurance company?

Form 5 Mathematics 1 Mathematics, SMP2021

 3. Ramesh takes a medical and health insurance policy with a deductible of RM1 500 per year and
co-insurance of 20% of covered medical expenses. Ramesh went to the hospital for the first time
for knee treatment and the medical cost was RM700, the medical cost for the second and third
treatments was RM2 000 and RM1 700 respectively. The three treatments were in the same year.
How much medical expenses should be borne by Ramesh and the insurance company?

4. Table below shows a medical bill’s Natasha after received a treatment at a hospital
Pengambil insurans Syarikat Insurans Syarikat A
Vincent De Selva
Insured Insurer Company A
Pesakit Nombor Polisi
Natasha Santhana M14486XX
Patient Policy Number
Pendaftaran
24/01/2020
Hospital Admission
Hospital Seri Mutiara
Hospital Pelepasan
24/02/2020
Discharge
Jumlah Caj
RM888.40
Total Charged
Jumlah Dijamin
RM619.56
Total Guaranteed
Jumlah Lebihan oleh Pesakit 1. Deduktibel/Deductible RM200.00
Total Excess by Patient 2. Jumlah Ko-Insurans/Total Co-Insurance RM68.84
Jumlah yang perlu dibayar oleh pesakit
RM268.84
Total amount to be paid by patient

(a) What is the total percentage of co-insurance according to the above medical and health bills?
(b) What is the effect if Natasha does not take the medical and health insurance?
(c) In your opinion, should deductible provisions exist in medical and health policies? Justify your
answer.

Form 5 Mathematics 2 Mathematics, SMP2021

Kertas 1

1. Antara berikut, yang manakah bukan maksud Puan Alia had received a compensation of RM1 490 from
risiko? her car’s insurance company. If her insurance policy has
Which of the following is not the meaning of risk? a deductible of RM500, calculate the actual loss suffered
A Kemungkinan berlakunya peristiwa by Puan Alia.
berbahaya. A RM990 C RM1 440
The possibility of a dangerous event happens. B RM1 090 D RM1 990
B Ketidakpastian berlakunya kerugian.
The uncertainty in the occurrence of loss. 5. Jadual di bawah menunjukkan tuntutan Firdaus
C Kemungkinan berlakunya kejadian yang kepada syarikat insurans motosikalnya dalam
menguntungkan. tempoh setahun.
The possibility of a profitable event happens. The table below shows Firdaus’s claims to his
D Kemungkinan berlakunya kerugian. motorcycle’s insurance company in a year.
The possibility of loss happens.
Bulan / Month Tuntutan / Claim (RM)
2. Berikut ialah kepentingan insurans kecuali
The following are the importances of insurance except April / April 690
A Membayar bil perubatan. Jun / June 260
Pays medical bills.
B Sebagai pampasan kepada kematian Oktober / October 450
pemegang polisi.
As a compensation of the death of policyholder. Jika polisi insuransnya mempunyai deduktibel
C Sebagai pampasan jika pemegang polisi sebanyak RM300, nyatakan nisbah jumlah
mengalami kecacatan. bayaran pampasan yang diterima Firdaus kepada
As a compensation if policyholder suffers disability. jumlah kerugian sebenar yang dialami Firdaus
D Mengganti kemusnahan kereta dengan kereta bagi tahun itu.
baharu. If his insurance policy has a deductible of RM300, state
Replace the destroyed car with a new car. the ratio of the total compensation payment received by
Firdaus to the total actual loss suffered by Firdaus in that
3. Encik Jason ingin membeli insurans hayat dengan year.
nilai muka sebanyak RM150 000. Kadar premium A 4:7
tahunan bagi setiap RM1 000 nilai muka yang B 13 : 28
ditawarkan kepada Encik Jason ialah RM2.12. C 27 : 70
Berapakah premium bulanan yang perlu dibayar D 41 : 140
oleh Encik Jason?
Mr Jason wants to buy a life insurance with a face value 6. Insurans perubatan Chin Ze mempunyai
of RM150 000. The annual premium rate per RM1 000 deduktibel sebanyak RM800 dan ko-insurans
of face value offered to Mr Jason is RM2.12. What is the 80/20. Jika jumlah kos perubatan yang perlu
monthly premium needs to be paid by Mr Jason? ditanggung Chin Ze ialah RM5 200 dalam suatu
A RM26.50 tuntutannya, hitung jumlah sebenar tuntutan itu.
B RM73.58 Chin Ze’s medical insurance has a deductible of RM800
C RM150.00 and 80/20 co-insurance. If the amount of the medical
D RM318.00 cost borne by Chin Ze is RM5 200 in his claim, calculate
the actual amount of the claim.
4. Puan Alia telah menerima pampasan daripada A RM6 080
syarikat insurans keretanya sebanyak RM1 490. B RM22 000
Jika polisi insurannya itu mempunyai deduktibel C RM26 000
sebanyak RM500, hitung jumlah sebenar kerugian D RM30 000
yang dialami oleh Puan Alia.

Form 5 Mathematics 3 Mathematics, SMP2021

Kertas 2 2. Jian Ming ingin membeli insurans hayat bernilai
RM200 000 daripada AB Insurance.
1. Berikut merupakan maklumat kereta Puan Teoh Jian Ming wants to buy a life insurance worth RM200 000
yang menetap di Kulim, Kedah. from AB Insurance.
The following is the information of Madam Teoh’s car (a) Nyatakan pemegang polisi, syarikat insurans
who lives in Kulim, Kedah. dan nilai muka polisi.
State the policyholder, insurance company and the
Jumlah diinsuranskan / Sum insured : RM80 000 face value of the policy.
Kapasiti enjin / Engine capacity : 1625 cc (b) Hitung premium bulanan yang perlu dibayar
NCD : 30% oleh Jian Ming jika kadar premium tahunan
yang dikenakan oleh syarikat insurans ialah
Dengan merujuk Jadual Tarif Motor 2015 pada RM2.34 bagi setiap RM1 000 nilai muka
muka surat 43, hitung premium kasar bagi mengikut umur dan status kesihatan Jian
By referring to the Schedule of Motor Tariff 2015 on page Ming.
43, calculate the gross premium of Calculate the monthly premium needs to pay by
(a) polisi komprehensif, Jian Ming if the annual premium rate charged
the comprehensive policy, by the insurance company is RM2.34 for every
(b) polisi pihak ketiga. RM1 000 face value according Jian Ming’s age and
the third party policy. health status.

Jawapan / Answer : Jawapan / Answer :

(a) Polisi komprehensif: (a) Pemegang polisi / Policyholder : Jian Ming

Comprehensive policy: Syarikat insurans / Insurance company :
AB Insurance
(a) RM1 000 yang pertama
RM305.50 Nilai muka / Face value : RM200 000
The first RM1 000

(b) RM26 × 79 RM2 054 (b) Premium tahunan / Annual premium

RM200 000
= × RM2.34
(c) Premium asas = (a) + (b) RM1 000
RM2 359.50
Basic premium = RM468
(d) NCD 30% RM707.85
Premium bulanan / Monthly premium
(e) Premium kasar = (c) – (d)
RM1 651.65 RM468
Gross premium =
12
= RM39
(b) Polisi pihak ketiga:
Third party policy:

(a) Premium asas

RM135.00
Basic premium

(b) NCD 30% RM40.50

(c) Premium kasar = (a) – (b)
RM94.50
Gross premium

Form 5 Mathematics 4 Mathematics, SMP2021