The qualifying learner is capable of: • Explaining long term insurance. • Identifying the different products that a life insurer markets. • Describing ancillary benefits. • Describing the role of intermediaries in marketing insurance.
The qualifying learner is capable of: • Describing generic group products marketed in the insurance industry. • Explaining how group insurance products are underwritten. • Explaining how group insurance products are marketed. • Applying legislation to group insurance products.
The qualifying learner is capable of: • Explaining the concept of life insurance. • Explaining the roles of different parties to an insurance contract. • Recognising the factors that affect the insurance premium. • Explaining what life insurers do with their policy holders' money. • Describing the role of the Life Offices Association (LOA).
The qualifying learner is capable of: • Identifying the role players in own pension provisioning. • Investigating the needs of a pensioner in relation to lifestyle. • Identifying different avenues for retirement funding. • Assessing the adequacy of retirement provision. • Identifying the legal environment and avenues for assistance.
The qualifying learner is capable of: • Analysing Term Products to determine the cover. • Analysing Conventional Life Insurance products to determine the cover. • Analysing Universal Life Products to determine the cover. • Analysing Retirement Annuities to determine the structure. • Analysing Investment Linked Products to determine the cover. • Interpreting supplementary benefits available with individual life policies.
The qualifying learner is capable of: • Determining the source and nature of income generation. • Explaining the relationship between occupation and avocation risks. • Analysing the financial implications of a potential occurrence. • Proposing a disability cover solution in holistic financial planning.
The qualifying learner is capable of: • Explaining dread disease as an insurance product. • Investigating dread disease products from different institutions. • Explaining the legal framework for dread disease. • Describing dread disease as part of holistic wealth management.
The qualifying learner is capable of: • Explaining the purpose of the FAIS legislation. • Describing the authorisation process. • Applying disclosure and conduct requirements. • Explaining enforcement mechanisms and industry implications. • Explaining the rights of recourse available to clients.
Gain a solid understanding of life insurance fundamentals and the structure of group insured benefits. This unit explains life cover, product types, ancillary benefits, and the roles of intermediaries and trustees in the insurance space.
This unit introduces key concepts of life insurance specific to the South African context. Learners will explore the roles, definitions, and industry relevance essential to all professionals in the life insurance sector.
Understand the importance of long-term financial planning. This unit helps learners assess retirement needs and evaluate savings strategies to ensure a secure post-employment future.
This unit delves into various long-term insurance offerings, analyzing product types and their respective advantages. Learners will be able to recommend appropriate insurance solutions tailored to individual client needs.
Explore disability insurance solutions and their role in financial planning. Learners will examine how these products provide income protection and enhance financial security in the event of disability.
Gain insight into dreaded disease insurance and its relevance in comprehensive wealth planning. The unit equips learners to evaluate how these products mitigate critical illness risks and support long-term financial goals.
Understand the regulatory framework provided by the FAIS Act (Act 37 of 2002). This unit explains the responsibilities of financial advisors and intermediaries in ensuring compliance and ethical client service.
English literacy is essential for success in the Life Insurance Products and Services course. It equips learners with the ability to read and interpret policy documents, understand legal and financial terminology, and communicate effectively with clients and colleagues in the insurance sector.