Insurance Academy of Botswana


Introduction to Short Term Insurance: Personal Lines


The purpose of this course is to provide learners with core knowledge and understanding of characteristics, terms and features of products for clients in the long-term insurance category of insurance business. It introduces a basic understanding of general long-term insurance products, group retirement products and the structure of the financial service industry in Botswana.

In addition to this, the course provides knowledge of legislation impacting on long-term insurance personal lines products in Botswana. Lastly, the course will provide learners with the skill to assess the appropriateness of products within the long-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 short term insurance personal lines insurance and the development and impact of short 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 Short Term Insurance
  • How different needs lead to the development of different Financial Services Products
  • Personal All Risks Insurance
  • Personal Accident Insurance
  • House Owners Insurance
  • Household Contents Insurance
  • Personal Motor Insurance
  • How to Underwrite a Standard Risk in Short Term Personal Insurance

Course fees

Distance learning P1 950
Online learning P2 150
Contact learning P3 990

Click here to register