R 415


Short-Term Insurance: Personal Lines



CPD Accreditation detail:

Professional Body: IOBSA

CPD hour allocation: CPD Hours (online learning): 7 CPD hours    

CPD registration number: IOB101

Who should register?

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

About the course:

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



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