BCP Passing Score & Exam Format 2026: Complete Guide (Basic Insurance Concepts & Principles)
BCP passing score is 70% (28/40 questions). Full breakdown of the Basic Insurance Concepts & Principles exam format 2026: 40 questions, 45 minutes, calculator policy, and how to register with SCI.
Understanding the BCP exam format is essential before you start studying. This guide breaks down exactly what you need to know about the Basic Insurance Concepts & Principles certification exam.
Quick Summary: BCP Exam Format
- Questions: 40 multiple-choice questions
- Duration: 45 minutes
- Passing Score: 70% (28 out of 40 questions)
- Exam Fee: $75–$85 (inclusive of GST)
- Administered by: SCI (Singapore College of Insurance)
- Exam Mode: Computer Screen Examination (CSE)
- Current Edition: 7th Edition
The BCP Passing Score: 70%
The BCP exam uses a straightforward single-tier passing system. You need to achieve 70% or higher to pass—that means answering at least 28 out of 40 questions correctly.
What Does 70% Mean in Practice?
| Score | Questions Correct | Result |
|---|---|---|
| 70%+ | 28+ out of 40 | PASS |
| Below 70% | 27 or fewer | FAIL |
You have a margin of 12 wrong answers. BCP is primarily conceptual, so focus on understanding principles rather than memorizing facts.
Scoring Rules
- One mark is awarded for each correct answer
- No mark is awarded or deducted for wrong or blank answers
- There is no negative marking, so always attempt every question
Exam Structure: 40 Questions, 45 Minutes
The BCP exam gives you 45 minutes to complete 40 multiple-choice questions. This works out to just over 1 minute per question —tighter timing than PGI or ComGI.
Time Management Strategy
| Section | Suggested Approach |
|---|---|
| First Pass | Answer all confident questions quickly (25-30 minutes) |
| Second Pass | Return to flagged questions (10-15 minutes) |
| Final Review | Quick check if time permits (2-5 minutes) |
Tip: BCP questions are often conceptual. If you know the principle, you'll answer quickly. If not, flag it and move on.
The CMFAS Prep platform allows you to review each question and see the correct answer and explanation instantly.
CMFAS Prep provides instant feedback and explanations to help you understand the concepts better
The 9 Chapters Covered
BCP tests your knowledge across 9 chapters of insurance fundamentals:
| Chapter | Topic |
|---|---|
| 1 | The Insurance And Reinsurance Market |
| 2 | The Regulatory Landscape & Industry Frameworks |
| 3 | Risks & Insurance |
| 4 | Principles Of Insurance |
| 5 | Law Of Contract And Agency |
| 6 | Insurance Documents |
| 7 | Claims |
| 8 | Reinsurance And Co-Insurance |
| 9 | Ethics, Professionalism, Data Protection And Cyber Hygiene |
Question Distribution: Chapters 3 (Risks & Insurance), 4 (Principles of Insurance), and 5 (Law of Contract) tend to have slightly higher question volumes as they cover the core theoretical foundations.
Use the CMFAS Prep Practice by Chapter mode to focus on your weakest chapters and master the concepts.
CMFAS Prep's Practice by Chapter mode helps you focus on specific chapters and master the concepts.
BCP vs. Other CGI Modules
How does BCP compare to the other modules in the CGI framework?
| Module | Questions | Duration | Passing Score | Time per Question |
|---|---|---|---|---|
| BCP | 40 | 45 min | 70% | ~1.1 min |
| PGI | 50 | 75 min | 70% | 1.5 min |
| ComGI | 50 | 75 min | 70% | 1.5 min |
BCP is the shortest exam with the tightest time per question. However, questions are generally more conceptual and less calculation-heavy than PGI or ComGI.
Calculator Policy
Calculators are allowed for the BCP exam. However, only non-programmable calculators from the approved list are permitted.
Check the SCI approved calculator list before purchasing or bringing a calculator.
Note: BCP is primarily conceptual, so you may not need a calculator. However, bring one just in case there are basic arithmetic questions.
Exam Registration and Fees
Exam Fee: $75–$85 SGD (inclusive of GST)
How to Register:
- Create an account on the SCI website
- Navigate to exam registration
- Select BCP and your preferred date/time
- Pay the exam fee
- Receive confirmation
Exam Schedule: BCP examinations are conducted daily on weekdays at SCI examination centres.
What to Bring on Exam Day
Required:
- Original NRIC (for Singapore Citizens/PRs) or valid Passport/Employment Pass
- Exam confirmation
Allowed:
- Approved non-programmable calculator
Not Allowed:
- Mobile phones (must be switched off and stored)
- Notes or study materials
- Programmable calculators
What Happens If You Don't Pass?
If you score below 70%:
- No limit on re-attempts—you can resit as many times as needed
- Full exam fee applies for each attempt
- Review your weak chapters before reattempting
Pro Tip: Understand, Don't Memorize
BCP tests conceptual understanding more than factual recall. Focus on understanding insurance principles and how they apply in different scenarios.
CMFAS Prep's performance by chapter feature shows you your weakest chapters after every practice.
After Passing BCP
Upon passing BCP:
- You'll receive a Result Slip (no certificate is issued)
- You'll be entitled to 0.75 CPD Hours
- You can proceed to PGI or ComGI
- Passing all three (BCP + PGI + ComGI) qualifies you for Cert SCI (General Insurance)
Your Next Steps
- Create your study plan — Follow our complete BCP study guide
- Test yourself — Try our free BCP sample questions
- Start practicing — Begin your BCP preparation with CMFAS Prep
Now that you understand the format, it's time to start studying!
Frequently Asked Questions About BCP Exam Format
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By The CMFAS Prep Team
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