CPD Reinsurance Contracts 21_22

R80.00

COB Category: COB 1: Short-term Insurance Personal Lines | COB 2: Short-term Insurance Commercial Lines | COB 3: Long-term Insurance

Accreditation valid until: 31 August 2021

CPD Points allocated: 1.0 hours | points on completion and pass of assessment

FPI approval number: FPI20060062

Course overview:  The course outlines the concept of reinsurance policies. The different terms and conditions that can be attached to an insurance policy as well as products that can be used as an alternative are considered.

 

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Description

Time allotted for course

The course consists of 3 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 Introduction to reinsurance policies 1 604 Intermediate 15 minutes
Topic 2 Reinsurance policies 3 590 Intermediate 30 minutes
Topic 3 Alternatives to reinsurance 2 659 Intermediate 25 minutes
Assessment 30 minutes

 

    Total time 1.5 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: 10 questions
  • Duration: 30 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.