R 390

EX. VAT

Class 1 – Short Term Insurance: Personal

Online

COURSE DESCRIPTION

CPD Accreditation detail:

Professional Body: Compliance Institute Southern Africa

CPD hour allocation: CPD Hours (online learning): 9 CPD hours    

CPD registration number: GiE20181000055 



Learners will gain sufficient knowledge and understanding of specific short-term insurance policies to render financial services adequately.

The course will provide learners with enough knowledge to determine the appropriateness of a product in terms of the client’s specific needs.

The following subclasses will be covered in this course:

  • Accident and health policy
  • Liability policy
  • Miscellaneous policy
  • Motor policy
  • Property policy
  • Transportation policy
  • Short-term reinsurance policy

 

LEARNING OBJECTIVE

At the end of this course, the learner will have core knowledge of the following:

  • the range of financial products in short term insurance: Personal Lines
  • the general characteristics, terms and features of specific short-term insurance products
  • the fee structures, charges and other costs associated with these specific products
  • general risks associated with  purchasing one of the short-term insurance products
  • the typical role players in the short-term industry
  • the impact of applicable legislation
  • the inter-relationship between short term insurance and other  classes of business
  • industry standards and codes

 

ADMISSION REQUIREMENTS ( Pre requisite)

None
 

WHO SHOULD REGISTER?

  • Existing Key Individual’s and Representatives who have met the competency requirements in other Classes of Business.
  • Existing Key Individual’s and Representatives not under supervision in this Class of Business, as a refresher and to earn CPD hours.