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.

WHO SHOULD REGISTER?

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