Long-Term Insurance Supervisor | NQF Level 5 Certification
Long-Term Insurance Supervisor | NQF Level 5 Certification, The purpose of this qualification is to prepare a learner to operate as an insurance claims administrator (insurance claims assessor). An insurance claims administrator (insurance claims assessor) assesses the validity of the claim against the contract in order to determine or recommend whether to settle or reject a claim and provide comments on risk improvements and moral risks.
What is a NQF 5 in long term insurance?
A Long Term Insurance Advisor NQF Level 5 qualification prepares individuals to advise clients on using long-term insurance products to protect and sustain wealth. This level of qualification provides the foundation for entering the insurance industry and developing skills in wealth creation and protection. The course content typically covers principles of insurance, savings, and retirement planning, as well as practical skills in analyzing client needs, evaluating options, and recommending appropriate solutions.
Key aspects of the Long Term Insurance Advisor NQF Level 5 qualification:
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To equip individuals with the knowledge and skills to provide sound financial advice to clients regarding long-term insurance products, savings, and retirement planning.
A Long Term Insurance Advisor NQF Level 5 qualification prepares individuals to advise clients on using long-term insurance products to protect and sustain wealth. This level of qualification provides the foundation for entering the insurance industry and developing skills in wealth creation and protection. The course content typically covers principles of insurance, savings, and retirement planning, as well as practical skills in analyzing client needs, evaluating options, and recommending appropriate solutions.
Key aspects of the Long Term Insurance Advisor NQF Level 5 qualification:
- To equip individuals with the knowledge and skills to provide sound financial advice to clients regarding long-term insurance products, savings, and retirement planning.
COURSE CONTENT
- Overview of the Investment Advisory Industry
- Regulatory requirements for advising clients regarding insurance and investments
- Principles of Providing advice to clients regarding Insurance, Savings and Retirement Planning
- Analyse clients long term wealth creation/protection needs
- Evaluate available long-term wealth creation/protection options
- Recommend and implement the most appropriate wealth creation/protection options
- Participate in the processes of wealth creation
DELIVERY
- Duration: 12 Months
- Delivery: Classroom/Online/Blended
ENTRY LEVEL REQUIREMENTS
- Entry Requirements NQF Level 4 qualification or 3 years work experience in the Insurance industry
CAREER POSSIBILITIES
Qualifying learners could follow a career in:
- Insurance Claims Administrator/Assessor
- Claims Adjuster
- Claims Analyst
- Customer Service Representative
- Occupational Certificate – Insurance Claims Administrator System Support
- Accreditation: QCTO
- Credits: 180
- SAQA ID: 99668
- NQF Level: 4