CPD Fundamentals of Short-term Insurance 20_21

R320.00

COB Category: Short-term Insurance: Personal Lines | Short-term Insurance: Commercial Lines

Accreditation valid until: 31 May 2021

CPD Points allocated: 4.0 points/hours on completion and pass of online assessment

FPI approval number: FPI20050204

Course overview:  The fundamentals of short-term insurance are an on-line course considering the important concepts applicable to short term insurance. The course is an introductory /refresher course outlining concepts that need to be considered when assessing the short-term insurance needs of a client. The concepts are applicable both to retail and personal lines insurance.

Want a discount? Become a member!
Categories: , , Tags: ,

Description

Time allotted for course

The course consists of 5 topics with an assessment that needs to be completed. The time allotted for each aspect is as follows:

Topic number Title Word count Level Time allotted
Topic 1 Overview of short-term insurance 5054 Entry level 50 minutes
Topic 2 Short term insurance principles 3687 Entry level 40 minutes
Topic 3 Risk underwriting 1279 Entry level 15 minutes
Topic 4 Agreement of terms & conditions of cover 2884 Entry level 30 minutes
Topic 5 Claims process 5171 Entry level 45 minutes
Assessment 45 minutes

 

    Total time 4 hours

 

Assessment and certification

After completion of the workshop the learner must complete an electronic assessment on the learning management system.

  • Form of assessment: Multiple Choice Questions
  • Number of questions: 20 questions
  • Duration: 60 minutes
  • Competency mark: 60%

Upon obtaining a competency mark of 60% the learning will receive a certificate of completion. The learner will be afforded an opportunity to re-do the workshop should a competency mark not be attained.