Entry Requirements

Communication at NQF L3, Mathematical Literacy at NQF L3, Computer Literacy at NQF L3

Objectives

At the end of this programme, the learner should be able to:
• Describe healthcare cover in South Africa
• Describe life insurance
• Indicate the scope of life insurance in South Africa
• Investigate the need to provide financially for own retirement
• Analyse the different products available in the Long-term Insurance industry and the benefits of each
• Analyse new developments reported in the media that could impact on long-term insurance
• Apply the law of contract to insurance
• Apply the skills of customer care in a specific work environment
• Demonstrate knowledge and application of ethical conduct in a business environment
• Demonstrate knowledge and understanding of insurable risk
• Describe disability insurance solutions in the context of financial planning
• Describe group insured benefits
• Describe issues of compliance or non-activity that could result in civil or criminal liability in terms of business
law
• Describe the control of fraud in Long-term Insurance
• Investigate dread disease products and their place in wealth management
• Demonstrate knowledge and insight of the Financial Advisory and Intermediary Services Act (FAIS) (Act 37
of 2002)
• Apply the regulations for disclosure that are required as part of the financial sales process
• Explain the Finance Intelligence Centre Act, Act 38 of 2001 and its implications for client relations
• Apply knowledge and insight into aspects of the Long-Term Insurance Act, Act 52 of 1998
• Describe funeral insurance
• Explain credit life insurance
• Manage risk in own work environment
• Demonstrate skills and techniques required to build a relationship with a client in a financial services
environment
• Manage time effectively to enhance productivity and enable a balanced lifestyle
• Understand the fundamentals of long-term insurance

Target Group

Employees already employed in Long-term Insurance or have recently taken up a position in Long-term Insurance