Higher Certificate in Short-Term Insurance NQF 5
The qualification covers Short-term Insurance related learning and provides a framework for students to develop competencies that will give them insight into the short-term sub-sector. It introduces a basic understanding of the key terms, rules, concepts and principles of the fields that will prepare them for the industry.
What will this Qualification enable you to do?
The skills, knowledge, values, and attitudes acquired in the course can serve as building blocks for advancement in the short-term insurance arena or for further graduate studies.
This qualification is designed to contribute to the student’s employability and marketability in the formal, financial services sector, thereby contributing to the economic and social up-skilling of the South African workforce.
Who should apply?
Students employed in the short-term insurance industry who are required to identify a client’s needs through a comprehensive risk analysis process and who is capable of developing a risk management plan that will assist the client to mitigate, avoid or manage the identified insurance risks.
Content
1. Fundamentals of Insurance
20 Credits
2. Risk Management
20 Credits
3. Personal Insurance
20 Credits
4. Commercial Insurance
20 Credits
5. Legal framework
20 Credits
6. Claims Management and Underwriting
20 Credits
Learning Material
Students will have online access to their study material which will include a study guide, self- assessments and relevant additional resources.
Accreditation and Certification
Moonstone Business School of Excellence (Pty) Ltd acknowledges that, certification in vocational education and training and the content of the certificate, are regulated by the National Board of Education and governed by the Higher Education Act, 1997 (Act No 101 of 1997) as well as Regulation 1 of the Regulations for the Registration of Private Higher Education Institutions, 2002 (hereafter referred to as “the Regulations”).
120 credits
(SAQA ID: 118276)
Assessments
Students will have to complete online Formative Assessments and a final invigilated written Summative Assessment for each module.