R 390

EX. VAT

CPD: Class of Business 3 – Long Term Insurance

Online


Long Term Insurance
9 CPD hours
CISA Accreditation number: GiE20200200031

COURSE DESCRIPTION

Learners will gain enough knowledge and understanding of specific long-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 classes and subclasses will be covered in this course:

Risk Insurance Business

  • Risk
  • Fund Risk
  • Credit life
  • Funeral
Investment Insurance Business
  • Life Annuities
  • Individual Investment
  • Fund Investment
  • Income Drawdown 

LEARNING OBJECTIVES

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

  • the range of financial products in long-term insurance
  • the general characteristics, terms and features of long-term insurance products
  • the fee structures, charges and other costs associated with these products
  • general risks associated with purchasing or investing in one of the long-term insurance products
  • the appropriateness of these products for different clients
  • the typical role players in the long-term insurance industry
  • the impact of applicable legislation
  • the impact of economic and environmental factors on long-term insurance
  • the inter-relationship between long term insurance and other classes of business
  • industry standards and codes

 

ADMISSION REQUIREMENTS

NA. 

WHO SHOULD REGISTER?

  • Existing Key Individuals and Representatives who are under supervision in a sub-category.
  • Newly appointed Key Individuals and Representatives.