About this course
PROGRAM DESCRIPTION
The **FET Certificate: Long Term Insurance LV 4** is designed for individuals aspiring to build a career in the long-term insurance sector. This qualification provides learners with the foundational knowledge and skills necessary to understand and operate within the long-term insurance industry.
Participants will explore various aspects of long-term insurance, including policy development, risk assessment, and claims management. This qualification is ideal for those looking to enter the insurance field or enhance their existing knowledge and skills.
PROGRAM LEARNING OUTCOMES
– Understand the principles of long-term insurance and risk management.
– Develop skills in policy formulation and claims processing.
– Communicate effectively with clients to assess their insurance needs.
– Gain knowledge of regulatory frameworks governing the long-term insurance industry.
**Minimum Credits:** 120
**Duration:** 12 to 24 months
**Work Experience:**
– No prior experience required, but an interest in the insurance field is beneficial.
Course Requirements
– Core competencies in long-term insurance
– Specialization in risk assessment and policy management
– Elective modules
– Research and project activities
1 – **KNOWLEDGE MODULES**
– Introduction to long-term insurance principles
– Risk assessment and management
– Policy development and underwriting
– Claims processing and management
– Regulatory compliance in the insurance industry
2 – **PRACTICAL MODULES**
– Conduct risk assessments for various long-term insurance products
– Develop and manage insurance policies
– Process and evaluate claims effectively
– Engage with clients to provide tailored insurance solutions
– Implement compliance measures in insurance practices
3 – **WORK EXPERIENCE MODULES**
– Engage in practical projects related to long-term insurance
– Document and reflect on client interactions and insurance processes
– Assist in real-world insurance scenarios within a workplace
– Collaborate with peers on long-term insurance tasks
Delivery Model
**Delivery mode:** Face-to-Face, online instructor-led sessions, online self-paced
**Language:** English
**Audience:** Designed for individuals seeking to start a career in long-term insurance or enhance their insurance knowledge
Fachs International College of Business & Technology aims to attract the brightest students who demonstrate academic excellence and motivation to benefit from our educational offerings. We welcome applicants of all backgrounds, with admissions selection criteria based on fairness and equal opportunity, assessing applicants solely on personal merits.
ADMISSION REQUIREMENTS
– Cumulative grade point average (GPA) of 3.0 or above
– Interest in long-term insurance and finance
– English competency demonstrated through previous studies
DOCUMENTS REQUIRED
– Completed online application form
– Diploma and official grade transcripts
– 2 Reference letters
– Resume/Curriculum Vitae
– Personal statement
– Copy of an identification document (passport or similar)
– Application fee
SELECTION CRITERIA
– Academic excellence and potential
– Motivation and suitability for the program of interest
– Previous experience in insurance or related fields
– Personal qualities and competencies
– Commitment and interest