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

• 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

Successful completion of Generic module. The Generic course will be added automatically, do not try and add it manually when registering for class of business!

WHO SHOULD REGISTER?

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