Description
The purpose of this course is to provide learners with core knowledge and understanding of characteristics, terms and features of products for individual clients in the short-term insurance personal lines category of business, including the underwriting of individual risk in personal lines insurance.
In addition to this, the course provides knowledge of legislation impacting on short-term insurance personal lines products in Botswana. Lastly, the course will provide learners with the skill to assess the appropriateness of products within the short-term insurance category of business for specific individual client needs.
This course meets the minimum competency requirements(Certificate of Proficiency requirements) as set out by the Non-Bank Financial Institutions Regulatory Authority and is accredited by the Botswana Qualifications Authority.
Who is the course intended for?
This course is intended for those who wish to pursue a career or are in a financial services environment that requires a basic introduction to long term insurance and the development and impact of long term insurance and products.
Course duration
This course is intended for those who wish to pursue a career or are in a financial services environment that requires a basic introduction to long term insurance and the development and impact of long term insurance and products.
Topic Covered in the course:
- The law of contract to insurance
- Knowledge of Insurable Risk
- Insurance legislation in Botswana (NBFIRA Act, Insurance Industry Act, Insurance Prudential Rules)
- Introduction to Life Insurance
- Understanding Funeral Insurance
- Credit Life Insurance
- Disability insurance solutions
- Dread disease products and their place in Wealth Management
- Group Insured Benefits
- Different products available in the long term insurance industry and the benefits of each
- Investigating the need to provide financially for ones retirement
Course fees
| Distance learning | P1 950 |
| Online learning | P2 150 |
| Contact learning | P3 990 |