100+ Free FSMA Verzekeringsdistributie Practice Questions

Prepare for the FSMA Insurance Distribution Knowledge Exam (Verzekeringsdistributie / Distribution d'assurances) exam with instant access — no signup required.

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2026 Statistics

Key Facts: FSMA Verzekeringsdistributie Exam

20 MCQs

Official items per submodule (180 if all nine sat)

Febelfin Academy IDD course page

60%

Pass mark per submodule, no negative marking

Febelfin Academy / Certassur exam centres

3 hours

Maximum session length, presential or online proctored (about 30 minutes per submodule)

Febelfin Academy exam pages

EUR 250 / 300

Member / non-member distance package per module

Febelfin Academy

15 hours

Annual CPD after registration (3 hours for ancillary intermediaries)

Febelfin Academy IDD CPD FAQ

NL / FR / EN

Official syllabus, exercises and exam languages at Febelfin Academy

Febelfin Academy English course page

Belgium's FSMA verzekeringsdistributie exam is four IDD modules of 20-question MCQ submodules with a 60% pass per submodule and no negative marking. Module 1 is always required; Modules 2–4 follow the products you distribute. Febelfin Academy's presential distance package is EUR 250 members / EUR 300 non-members per module (3-hour session). Official sittings exist in Dutch, French and English. This bank is an English MCQ study aid, not the official paper.

Sample FSMA Verzekeringsdistributie Practice Questions

Try these sample questions to test your FSMA Verzekeringsdistributie exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Which Belgian authority keeps the register of insurance and ancillary insurance intermediaries and supervises professional-knowledge rules for insurance distribution?

A.National Bank of Belgium (NBB / NBB-BNB) only

B.FSMA (Autoriteit voor Financiële Diensten en Markten / FSMA)

C.Assuralia as a private trade association

D.Febelfin as a banking federation

Explanation: The FSMA is the national competent authority for (re)insurance distribution. It keeps the register of insurance, reinsurance and ancillary insurance intermediaries and supervises professional knowledge, including recognition of examination systems. The NBB prudentially supervises insurance undertakings (twin peaks). Assuralia and Febelfin are industry bodies; Febelfin Academy and Certassur/Assuralia centres may organise FSMA-recognised exams but they are not the registrar.

2The four-module insurance-distribution knowledge exam in force from 1 January 2021 implements which Belgian instrument?

A.Chapters V and VI of the Royal Decree of 26 October 2015 on credit intermediation only

B.The Royal Decree of 18 June 2019 on professional knowledge in the insurance sector, implementing the IDD as transposed into the Law of 4 April 2014

C.Wet Willems of 22 March 2006, which is the bank-intermediation statute

D.A private Febelfin training charter with no legal force

Explanation: The Law of 6 December 2018 transposed the IDD into the Law of 4 April 2014 on insurance (in force 28 December 2018). The Royal Decree of 18 June 2019 recast professional-knowledge rules into four modules — general, non-life, life without an investment component, and life with an investment component — applied from 1 January 2021. Credit-intermediation and Wet Willems are separate FSMA knowledge routes.

3Who sets the sectoral exam rules that FSMA-recognised organisers of verzekeringsdistributie exams must follow?

A.Certassur, as the sectoral exam-rule body for insurance (and credit) knowledge exams

B.The European Commission through a directly applicable exam regulation

C.Each individual insurance company in its own POG policy

D.The NBB's Solvency II college

Explanation: Certassur's core business is sectoral exam rules for insurance and for credit. Those rules are the reference framework for every FSMA-recognised exam organiser giving access to regulated (re)insurance intermediation and distribution under Articles 266 and 274 of the Law of 4 April 2014. The NBB and Solvency II concern prudential supervision of insurers, not this knowledge exam.

4At Febelfin Academy, each insurance-distribution submodule exam consists of how many multiple-choice questions, and what is the pass mark?

A.40 questions with a 50% pass and negative marking

B.20 questions with a 60% pass and no guessing correction

C.100 questions in a single paper with a 70% pass

D.15 questions with a 12-of-15 pass and a 0.25 penalty per wrong answer

Explanation: Febelfin Academy states that each submodule exam has 20 multiple-choice questions with no guessing correction. You must achieve at least 60% on each submodule (12 of 20). Certassur-recognised centres likewise require a minimum of 60% on each separate exam. This site's 100-question bank is a study aid, not the official length.

5Which module of the insurance-distribution knowledge exam is mandatory for every person who must prove professional knowledge, regardless of the products distributed?

A.Module 4 only (life with an investment component)

B.Module 2 only (non-life)

C.Module 1, the general/basic-knowledge module

D.Module 2 for non-life distributors and Module 3 for life distributors, with no shared core module

Explanation: Certassur and FSMA materials state that the general module (Module 1) must be demonstrated by those who need professional knowledge for insurance distribution. Technical Modules 2, 3 and 4 are added according to the types of insurance distributed (non-life, life without an investment component, and life with an investment component).

6A candidate needs knowledge of Module 4 (life insurance with an investment component). According to Certassur, what else must that person know?

A.Only Module 2 (non-life), because IBIPs are classified as non-life savings

B.Module 3 (life insurance) as well, because Module 4 knowledge presupposes life knowledge

C.Nothing else; Module 4 replaces Modules 1 to 3

D.Only Wet Willems Module 4 on UCITS

Explanation: Certassur's candidate FAQ states that a person who must have knowledge of Module 4 (levensverzekeringen met een beleggingscomponent) must also have knowledge of Module 3 (levensverzekeringen). Module 1 remains the general core. IBIPs are life insurance with an investment component, not non-life, and they are not Wet Willems UCITS modules.

7Under Belgian law, who generally needs to prove professional knowledge by passing a recognised insurance-distribution exam (unless exempt)?

A.Only the NBB's actuarial function holders

B.Insurance intermediaries, ancillary insurance intermediaries, effective managers, persons responsible for distribution (RD/PRD) and persons in contact with the public (PCP)

C.Only the compliance officer of the insurance undertaking

D.Any consumer who compares quotes on a website

Explanation: Febelfin Academy and Certassur list the regulated functions that must evidence professional knowledge: the insurance or ancillary insurance intermediary, a manager or de facto responsible person, the person responsible for distribution (RD), and the person in contact with the public (PCP). Consumers using a comparison site are not sitting the knowledge exam. The NBB actuarial function is a Solvency II governance role, not this FSMA intermediary exam.

8A candidate scores 18/20 on submodule 1.1, 11/20 on submodule 1.2, and 16/20 on submodule 2.1 in the same session. What is the result?

A.Overall pass, because the average across the three papers is above 60%

B.Fail of submodule 1.2 only; 11/20 is below 60%, and a pass on other papers does not compensate

C.Full fail of every paper, because one fail voids the session

D.Pass of Module 1 as a whole, because 1.1 and 1.2 together average 72.5%

Explanation: Each exam/submodule is scored separately. 60% of 20 is 12 correct answers. 11/20 on 1.2 is a fail. Febelfin Academy and Certassur both require a minimum of 60% on each individual exam. Passed submodules remain on the certificate; the failed one may be resat after the waiting period.

9A person holds only a Belgian higher-secondary diploma (hoger secundair / CESS) and will act as PCP for a non-life broker. Which statement is correct?

A.The higher-secondary diploma alone exempts the PCP from the insurance-distribution exam

B.The higher-secondary diploma is not an exam exemption; the PCP must pass the recognised exam (unless another exemption applies)

C.PCPs are never required to evidence professional knowledge

D.A higher-secondary diploma exempts the PCP from Module 1 but not from Modules 2 to 4

Explanation: Febelfin Academy's exam-obligation FAQ states that with a minimum diploma of higher secondary education you are not exempt and must prove professional knowledge by passing an FSMA-recognised exam. A master's degree, or a bachelor's with at least 11 ECTS of technical insurance aspects, can exempt. PCP candidates do not even need a higher-secondary diploma, but they must take the exam unless otherwise exempt.

10When may a Belgian insurance intermediary generally start distributing insurance?

A.As soon as the Febelfin Academy exam is booked

B.Only after inschrijving in the FSMA register of insurance (or ancillary insurance) intermediaries

C.As soon as professional civil-liability insurance for the activity is in force

D.After six months of relevant practical experience, with no further formality

Explanation: Anyone carrying on insurance distribution in Belgium must in principle be entered in the FSMA register and meet the applicable conditions. Passing the knowledge exam supplies evidence of professional knowledge for the registration file; it is not itself an authorisation to distribute.

About the FSMA Verzekeringsdistributie Exam

The FSMA insurance-distribution knowledge exam (verzekeringsdistributie / distribution d'assurances) is the statutory professional-knowledge test for Belgian insurance intermediaries, ancillary insurance intermediaries, their persons responsible for distribution (RD) and persons in contact with the public (PCP). It is not a private course quiz. Certassur's sectoral exam rules form the reference framework, and the FSMA has recognised four examination systems that organise sittings: Assuralia (Certassur), BZB-Fedafin (Edfin), Febelfin Academy and UPCA/Feprabel (Brokers Academy). The Royal Decree of 18 June 2019 converted IDD minimum knowledge requirements into four modules in force from 1 January 2021: (1) general/basic knowledge, (2) non-life, (3) life without an investment component, and (4) life with an investment component. The exams are the same for all types of insurance intermediary; technical modules follow the products distributed. Each submodule is 20 multiple-choice questions with no negative marking and a 60% pass. This practice bank is a free English-language MCQ study adaptation of that knowledge — not an official translation and not a substitute for the Dutch, French or English sitting at a recognised organiser.

Assessment

Each submodule is a separate 20-item MCQ with no negative marking. A session lasts a maximum of 3 hours (about 30 minutes per submodule) and can include up to six submodule exams. The FSMA has recognised four examination systems — Assuralia (Certassur), BZB-Fedafin (Edfin), Febelfin Academy and UPCA/Feprabel (Brokers Academy) — and candidates who prepare by self-study may sit either presentially or online under remote proctoring. Official materials and sittings are available in Dutch, French and English at Febelfin Academy. This bank is an English-language MCQ study adaptation, not an official translation and not a single 100-question exam.

Time Limit

Maximum 3 hours per session (about 30 minutes per submodule; up to six submodules per session), presential or online proctored.

Passing Score

60% per submodule (at least 12 of 20), with no guessing correction

Exam Fee

Febelfin Academy exam-only EUR 120 per module. Distance package (syllabi, exercise platform and presential exam) EUR 250 members / EUR 300 non-members per module (BZB EUR 250). Four-module header package EUR 1,000 members / EUR 1,200 non-members. Presential retake EUR 70. VAT-exempt continuing vocational training. Certassur centre prices on request. (Four FSMA-recognised exam organisers — Assuralia (Certassur), BZB-Fedafin (Edfin), Febelfin Academy and UPCA/Feprabel (Brokers Academy) — operating against Certassur's sectoral exam rules, which implement Articles 266 and 274 of the Law of 4 April 2014 on insurance and the Royal Decree of 18 June 2019 on professional knowledge)

FSMA Verzekeringsdistributie Exam Content Outline

2 × 20 MCQs, mandatory

Module 1 — Basic knowledge

Belgian insurance market, Wet 4 april 2014, consumer protection, GDPR, AML, tax/social/labour law, complaints, claims, IDD conduct, ethics, financial concepts and pensions

4 × 20 MCQs, by activity

Module 2 — Non-life insurance

Liability and legal assistance (Book 6 BW), WAM motor and assistance, property, personal insurances other than life

2 × 20 MCQs, by activity

Module 3 — Life without an investment component

Life branches, life-contract law, AML, Belgian pension system, markets and life-specific IDD conduct

1 × 20 MCQs, by activity

Module 4 — Life with an investment component

Class 23 IBIPs, net premiums, guaranteed versus non-guaranteed returns, and financial risks borne by policyholders

How to Pass the FSMA Verzekeringsdistributie Exam

What You Need to Know

Passing score: 60% per submodule (at least 12 of 20), with no guessing correction
Assessment: Each submodule is a separate 20-item MCQ with no negative marking. A session lasts a maximum of 3 hours (about 30 minutes per submodule) and can include up to six submodule exams. The FSMA has recognised four examination systems — Assuralia (Certassur), BZB-Fedafin (Edfin), Febelfin Academy and UPCA/Feprabel (Brokers Academy) — and candidates who prepare by self-study may sit either presentially or online under remote proctoring. Official materials and sittings are available in Dutch, French and English at Febelfin Academy. This bank is an English-language MCQ study adaptation, not an official translation and not a single 100-question exam.
Time limit: Maximum 3 hours per session (about 30 minutes per submodule; up to six submodules per session), presential or online proctored.
Exam fee: Febelfin Academy exam-only EUR 120 per module. Distance package (syllabi, exercise platform and presential exam) EUR 250 members / EUR 300 non-members per module (BZB EUR 250). Four-module header package EUR 1,000 members / EUR 1,200 non-members. Presential retake EUR 70. VAT-exempt continuing vocational training. Certassur centre prices on request.

Keys to Passing

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FSMA Verzekeringsdistributie Study Tips from Top Performers

1Drill in 20-question blocks. The official pass is 60% per submodule, not an average across modules.

2Keep Dutch and French legal terms (verzekeringsdistributie, PCP, verantwoordelijke voor de distributie, tak 21/23, WAM, BA familiale, evenredigheidsregel, herroepingsrecht) even when you study in English.

3Know which products you will distribute. Module 1 is always required; Modules 2–4 follow non-life, life and IBIP activity, and Module 4 requires Module 3.

4Practise IPT at 9.60% for most non-life premiums due on or after 1 July 2026, franchise arithmetic, and the proportional underinsurance rule.

5Official sittings exist in Dutch, French and English. This bank is a study aid, not a language replica of the Dutch or French paper.

Frequently Asked Questions

Is this the official FSMA / Febelfin Academy / Certassur exam?

No. OpenExamPrep publishes a free English-language multiple-choice study adaptation. The official knowledge exam is organised by the four FSMA-recognised examination systems — Assuralia (Certassur), BZB-Fedafin (Edfin), Febelfin Academy and UPCA/Feprabel (Brokers Academy) — and may be sat presentially or online under remote proctoring.

How many questions are on the official exam?

Each submodule is 20 multiple-choice questions with no negative marking. Module 1 has two submodules, Module 2 four, Module 3 two and Module 4 one. Sitting every submodule means 180 official items. Do not treat this site's 100 practice questions as the official length.

What is the pass mark?

You must score at least 60% on each submodule you sit (12 of 20). Passing Module 1 does not compensate for failing a technical submodule.

How much does the official exam cost?

At Febelfin Academy, exam-only registration is EUR 120 per module. The distance package with syllabi, exercises and presential exam is EUR 250 for members and BZB partners and EUR 300 for non-members, per module. The four-module header package is EUR 1,000 members / EUR 1,200 non-members. A presential retake is EUR 70 after a 15-day wait. Certassur centre prices are on request. Confirm current tariffs before paying.

Who must sit which modules?

Module 1 (basic knowledge) is mandatory for every insurance distributor who must prove professional knowledge. Module 2 is for non-life activity, Module 3 for life without an investment component, and Module 4 for life with an investment component. Anyone who needs Module 4 must also have Module 3 knowledge. PCP, RD, effective managers, intermediaries and ancillary intermediaries sit the modules matching the products they distribute.

What happens if I fail a submodule?

Register for a resit. The recognised organisers apply a 15-day waiting period — Edfin's published example is that a failure on 1 March may be resat on 16 March at the earliest. The certificate lists each module you have already passed.

In which languages can I sit the exam?

Febelfin Academy publishes syllabi, training questions and the exam in English as well as Dutch and French. Certassur centres typically sit in Dutch or French. This bank is an English study aid, not an official translation or a language replica of a Dutch or French paper.