R 415


Short-Term Insurance: Commercial Lines



CPD Accreditation detail:

Professional Body: IOBSA

CPD hour allocation: CPD Hours (online learning): 8 CPD hours    

CPD registration number: IOB102


Who should register? 

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