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INSETA Qualifications

NQF Level 5 | INSETA

Long Term Insurance Advisor

Specialize in long term insurance advisory services including life insurance, investment analysis, and client relationship management. This qualification prepares you for professional advisory roles in the long term insurance sector.

180
Credits
28
Months
NQF 5
Level
Long term insurance advisor consulting with client about life insurance

Qualification Overview

This Long Term Insurance Advisor qualification provides specialised training in life insurance, investment advisory services, and client relationship management. The program combines investment advisory principles with practical skills needed to provide professional long term insurance advice and solutions.

Learning Outcomes

Upon completion of this qualification, learners will be able to:

  • Understand the investment advisory industry and its role in life insurance
  • Apply principles of providing professional advisory services
  • Analyse and evaluate investment opportunities for long term insurance
  • Facilitate and implement investment decisions for clients
  • Build and maintain professional client relationships
  • Provide specialised advice on life insurance products and services

Core Modules

Module 1: Basics of Insurance

  • • Basics of insurance

Module 2: Professional Behaviour and Financial Literacy

  • • Professional behaviour and financial literacy

Module 3: Claims Handling Procedures

  • • Claims handling procedures
  • • Comment on risk improvements where applicable

Module 4: Claims Handling Processes

  • • Receive a basic claim in order to assess the loss/ damage and verify the validity of the contract
  • • Assess the claim to determine validity
  • • Recommend to settle, conditionally settle or reject the claim

Module 5: Long-Term Insurance

  • • Receipt of notifications and verification processes regarding long-term insurance
  • • Assessment process regarding long-term insurance
  • • Decisions for payments to relevant stakeholders regarding long-term insurance

Technical Skills Development

Advisory & Client Management

Professional client consultation and needs analysis
Building long-term client relationships
Compliance with regulatory requirements

Investment & Wealth Management

Analysis of investment opportunities
Long-term wealth creation strategies
Portfolio management and protection planning

Life Insurance Specialization

Life insurance products and applications
Retirement fund planning and advice
Medical aid and benefits consultation

Qualification Details

SETA INSETA
NQF Level Level 5
Credits 180 Credits
Duration 28 Months
SAQA ID 105022

Open this Overview in PDF

Career Opportunities

  • Financial Advisors (entry-level)
  • Personal Financial Planners
  • Financial Services Call Centre Agents
  • Client Service Providers
  • Insurance Intermediaries
  • Brokers and Broker Consultants
  • Retirement Fund Consultants
  • Retirement Fund Administrators
  • Trust Fund Officers
  • Product Developers

Minimum Requirements

Communication at NQF Level 3.
Mathematical Literacy at NQF Level 3.

Need Help?

Contact our qualification specialists for guidance.

[email protected]

Related Qualifications

Explore other INSETA qualifications

NQF Level 6

Financial Advisor
NQF Level 5

Insurance Underwriter
NQF Level 4

Claims Administrator

Enquire About Long Term Insurance Advisor NQF5

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