1. Are foreign currency deposits insured by the PDIC? Explain. 2. What are the accounts or transactions not insured by the PDIC? 3. What is the general rule under the PDIC involving joint and individual accounts? 4. Hazel and Kylie have been friends for 10 years. When Kylie got sick Hazel paid for her hospitalization expenses. To show her gratitude, Kylie consulted with an insurance agent if she can insure the life of Kylie. If you were the insurance agent, what would you advise? 5. Y, a Filipino citizen, came back from the United States and decided to buy a car. However, upon checking her savings account, she found out that the 150,000 pesos saved as down payment for the car was missing. Later, she remembered that her enemy, X, and thought that X may have hacked her savings account. She then went to the bank and inquired if she can have the amount of X's savings account to confirm if the amount she lost was transferred to X's savings account. Will the bank grant her request? 6. Rey entered an dance contest in his barangay. He won 500,000 pesos cash and decided to deposit it in the bank. 5 years later, while watching the news, he found out that his bank has been declared to be insolvent and has only 24 months to file a claim for his insured deposit. He then immediately filed such claim. Will the PDIC grant his claim? 7. What are the elements of an insurance contract? 8. What is the insurable interest in life insurance? How about in property insurance? 9. Can a person be held liable for submitting suspicious transactions report to the AMLC? 10. Cite one (1) prohibited act that is considered fraudulent when trading with securities. Explain