Further Education and Training Certificate: in Short Term Insurance NQF level 4
(Commercial & Personal lines)
SAQA ID Nr. 49929/66610
Workshop Dates
| CAPE TOWN FACILITATION GROUP - NQF 4 SHORT TERM |
| |
Facilitation Day 1 |
Facilitation Day 2 |
Revision Day |
Assessment |
Re-Assessment |
| SS3: |
Fri |
19/08/2011 |
Mon |
22/08/2011 |
Wed |
26/10/2011 |
Mon |
21/11/2011 |
|
TBA |
| SS4: |
Mon |
24/10/2011 |
Tue |
25/10/2011 |
Wed |
30/11/2011 |
Thu |
01/12/2011 |
|
TBA |
| CENTURION FACILITATION GROUP - NQF 4 SHORT TERM |
| |
Facilitation Day 1 |
Facilitation Day 2 |
Revision Day |
Assessment |
Re-Assessment |
| SS4: |
Thu |
27/10/2011 |
Fri |
28/10/2011 |
Wed |
30/11/2011 |
Wed |
30/11/2011 |
|
TBA |
INTRODUCTION
Many insurers, financial advisors and brokers in the Short Term Insurance Industry are facing the challenge of obtaining the required credits
and qualifications as determined by the FAIS Act.
For this reason, PSG KONSULT ACADEMY has been established with excellent faculty members and technical expertise to provide high quality and user
friendly training for learners towards the FETC Qualification in Short Term Insurance NQF Level 4. We are offering you the full qualification
(150 credits) in five study schools on a modular which will be easy to complete over a two year period.
With these five focused study schools, we offer a unique learning opportunity to build your confidence and capabilities towards the full
qualification. The facilitation is interactive and presented by subject matter experts. We are confident that you will not just obtain the
necessary credits, but that you will leave the programs a better entrepreneur, financial advisor and administrator.
PSG Konsult Academy is accredited as a provider of training and education with INSETA (Insurance Sector Education and Training Authority). We
will provide "user friendly" "Fit & Proper" training solutions in a humane environment to participants who would like to obtain the necessary
credits as required by the FAIS Act.
SUCCESS GUARANTEED
We are aware of the fact that many potential learners might not have studied for a long time. With this thorough process of training, formative
evaluation, support and personal assessments, PSG Konsult Academy will "stand by you" and guarantee the successful completion of each study school
as required by the FAIS Act.
Fit And Proper Training And Assessments For Fais License -
FETC: Short Term Insurance NQF Level 4
Credits achieved in each Study School (Rules of combination):
| Study School |
Core |
Elective |
Elective Fin Lit |
Elective Maths |
Elective Comm |
Elective Add SA |
TOTAL |
| 1 |
- |
30 |
- |
- |
- |
- |
30 OR; |
|
- |
31 |
- |
- |
- |
- |
31 |
| 2 |
21 |
- |
21 |
- |
- |
- |
33 |
| 3 |
30 |
2 |
- |
- |
- |
- |
32 |
| 4 |
- |
- |
- |
16 |
- |
- |
16 |
| 5 |
- |
- |
- |
- |
20 |
20 |
40 |
| TOTAL |
51 |
32 |
12 |
16 |
20 |
20 |
151/152 |
WORKSHOP PROGRAM per study school
Day 1 - Tutoring in the first half of the Unit Standards (including distribution of material in the classroom)
Day 2 - Tutoring in the last half of the Unit Standards +- 4 - 6 weeks break to complete workbook and prepare for summative assessment
Day 3 - One full day for revision purposes. This will take place within the week before the assessment
Day 4 - Write closed book summative assessment and hand in formative assessment (workbook)
Distance Learning:
If you are too far to attend the facilitation we provide, we have another option for you. You are more than welcome to do it Distance Learning. No facilitation is provided and you study on your own time. You have +-8 weeks per study school (from the day you receive your study material) to complete the workbook and prepare for the summative assessment. The assessment date will be communicated to you after registration and together with receiving your material. As soon as the first study school has been successfully completed, you may begin with the next study school.
*You only have 6 (six) months from registration (for a specific study school) to complete that study school up to a maximum of 12 (twelve) months, re-assessments included. If unsuccessful, you need to reregister and pay again.
VERY IMPORTANT
Please note: Both our study schools 1 (Commercial lines & Personal lines) are aligned with SANTAM's Commercial (SMK) and Personal lines (SMP)
training. If you have completed either one of the two courses with SANTAM, you will be exempted from our study schools 1 as our Unit Standards are
aligned with SANTAM's programmes.
Study School 1 COMMERCIAL LINES (Elective)
(You can choose either SS1 Commercial or SS1 Personal Lines)
| U/S NUMBER |
U/S TITLE |
CREDITS |
LEVEL |
TYPE |
| 120135 |
Apply technical knowledge and understanding of business motor insurance |
5 |
4 |
E |
| 120122 |
Apply technical knowledge of Short Term insurance to the All Risk section of a commercial policy |
2 |
4 |
E |
| 120115 |
Apply technical knowledge and understanding of business insurance |
10 |
4 |
E |
| 120120 |
Apply knowledge of business interruption insurance |
3 |
4 |
E |
| 120110 |
Underwrite a standard risk in short term commercial insurance |
10 |
4 |
E |
|
TOTAL |
30 |
|
|
Study School 1 PERSONAL LINES (Elective)
| U/S NUMBER |
U/S TITLE |
CREDITS |
LEVEL |
TYPE |
| 120118 |
Underwrite a standard risk in short term personal insurance |
6 |
4 |
E |
| 120011 |
Explain personal all risk insurance |
2 |
4 |
E |
| 120115 |
Demonstrate knowledge and understanding of house owners insurance |
3 |
4 |
E |
| 120016 |
Apply knowledge of insurance of household insurance |
4 |
4 |
E |
| 120008 |
Demonstrate knowledge and understanding of the insurance of pleasure craft |
3 |
4 |
E |
| 12154 |
Apply comprehension skills to engage oral text in a business environment |
5 |
4 |
E |
| 120132 |
Apply knowledge of personal liability insurance |
3 |
4 |
E |
| 9302 |
Access information to respond to client enquiries in a financial services environment |
2 |
3 |
E |
| 9303 |
Communicate verbally with clients in a financial services environment |
3 |
3 |
E |
| TOTAL |
|
31 |
|
|
ALTERNATIVELY:
If you have completed the SMP through SANTAM and obtained 25 credits, PSG Konsult Academy offers a short skills programme to complete the
outstanding credits towards the full qualification. This skills programme of 8 credits will be offered by means of self study, thus no
facilitation.
You will write a closed book assessment and on the same day hand in the portfolio of evidence for this skills program.
Part of Study School 1 (Optional - NOT compulsory!)
| U/S NUMBER |
U/S TITLE |
CREDITS |
LEVEL |
TYPE |
| 120125 |
Apply knowledge of public liability insurance |
3 |
4 |
E |
| 114966 |
Explain the types of compulsory statutory insurance in South Africa |
2 |
3 |
E |
| 9303 |
Communicate verbally with clients in a financial services environment |
3 |
3 |
E |
| TOTAL |
|
8 |
|
|
Study School 2 (Core & Financial Literacy)
| U/S NUMBER |
U/S TITLE |
CREDITS |
LEVEL |
TYPE |
| 120124 |
Demonstrate knowledge of insurable risk |
3 |
4 |
C |
| 120128 |
Apply the law of contract to insurance |
3 |
4 |
C |
| 120121 |
Apply technical knowledge and understanding of cover provider under a Short Term Multi-Peril insurance policy |
5 |
4 |
C |
| 119265 |
Manage risk in own work environment |
2 |
4 |
C |
| 114985 |
Indicate how different needs lead to the development of different financial services products |
4 |
3 |
C |
| 117117 |
Describe the standard insurance cover in terms of SASRIA |
4 |
4 |
C |
| 117156 |
Interpret basic financial statements |
3 |
4 |
F Lit |
| 117158 |
Investigate ways of managing financial risk in own lives |
6 |
4 |
F Lit |
| 117127 |
Describe the basic principles of personal income tax |
3 |
4 |
F Lit |
| TOTAL |
|
33 |
|
|
Note on SS2:
1. You will be exempted from the above Financial Literacy (12 credits) if you passed accounting at the standard 10/grade 12/ matric level.
Study School 3 (Core & Electives)
| U/S NUMBER |
U/S TITLE |
CREDITS |
LEVEL |
TYPE |
| 13940 |
Demonstrate knowledge and application of ethical conduct in a business environment |
4 |
4 |
C |
| 120019 |
Analyse new developments reported in the media that could impact on Short Term Insurance |
10 |
4 |
C |
| 120005 |
Demonstrate knowledge and understanding of personal motor Insurance |
4 |
4 |
C |
| 119676 |
Apply the skill of customer care in a specific work environment |
4 |
4 |
C |
| 117133 |
Manage own work performance in relation to an organisation's performance management system |
2 |
3 |
C |
| 114943 |
Describe how to manage workplace relationships |
2 |
3 |
C |
| 113911 |
Use an electronic system as a tool in a financial services context |
2 |
3 |
C |
| 120127 |
Demonstrate knowledge and understanding on issues of compliance or non-activity that could result in civil or criminal liability in terms of business law |
2 |
4 |
C |
| 242584 |
Demonstrate knowledge and insight of the Financial Advisory and Intermediary Service Act(FAIS) (Act 37 of 2002) |
2 |
4 |
E |
| TOTAL |
|
32 |
|
|
Study School 4 (Fundamental - Mathematics)
| U/S NUMBER |
U/S TITLE |
CREDITS |
LEVEL |
TYPE |
| 7468 |
Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues |
6 |
4 |
F |
| 9015 |
Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems |
6 |
4 |
F |
| 9016 |
Represent, analyse and calculate shape and motion in 2- and 3 - dimensional space in different context |
4 |
4 |
F |
| TOTAL |
|
16 |
|
|
Note on SS4:
1. Learners who passed Mathematics as a subject in Grade 12 with symbols A-E may be granted 16 credits through concession against the Mathematical Fundamental Unit Standards at Level 4.
Study School 5 (Communication & Additional South African language)
| U/S NUMBER |
U/S TITLE |
CREDITS |
LEVEL |
TYPE |
| 119462 |
Engage in sustained oral communication and evaluate spoken texts |
5 |
4 |
F |
| 119459 |
Write for a wide range of contexts |
5 |
4 |
F |
| 119471 |
Use language and communication in occupational learning programmes |
5 |
4 |
F |
| 119472 |
Accommodate audience and context needs in oral communication |
5 |
3 |
F |
| 119457 |
Interpret and use information from text |
5 |
3 |
F |
| 119465 |
Write texts for a range of communicative context |
5 |
3 |
F |
| 119467 |
Use language and communication in occupational learning programmes |
5 |
3 |
F |
|
TOTAL |
40 |
|
|
Notes on SS5:
1. Learners who passed English as a subject in Grade 12 with symbols A-E may be granted 20 credits through concession against the Communication Unit Standards at Levels 3 & 4.
2. Learners who passed an additional South African Language other than the language of business (English) as a First, Second or Third Language as a subject in Grade 12 with symbols A-E may be granted 20 credits through concession against the Communication Unit Standards required as a Second Language at Level 3.
Additional South African languages include the following:
Sepedi (North Sotho); Sesotho; Setswana; siSwati; Tshivenda; Xitsonga; Afrikaans;
isiNdebele; isiXhosa; isiZulu & Sign Language.
VERY IMPORTANT:
Exemptions will only be granted if you have the necessary qualification & proof, in other words a certified Matric certificate. Further more you
will only be granted exemption after you have completed all the other unit standards from this qualification.
Ask the Training Coordinator to send you the Inseta exemption form
Bernadette.vanschalkwyk@psgkonsult.co.za
PRICE (including VAT) per student:
- 8 credits - R1080.00 or R130.00 per credit - only via distance learning
- R3 300.00 per Study School workshop/facilitation - refreshments included
- R2 390.00 per Study School distance learning/self study
- One free summative re-assessment, there after R350.00 per summative assessment paper
- Formative (workbook) Re-assessment: R130.00 per unit standard (no free re-assessment on the formative assessment).
- R350.00 per person per exemption request/form
- Please refer to the registration form's terms and conditions for all other possible additional costs
These prices include:
- All learning material, with the exception of additional notes
- Assessments as per the terms & conditions; Moderation & Verification
- Confirmation of credits after each successful study school.
Excludes: postal mailing/couriering any letters and/or certificates. Letters will be e-mailed and certificates can be collected at Centurion or Cape Town offices, or you can organize your own courier.
PLEASE NOTE:
In case of a cancellation after registration, a 50% cancellation fee will be applicable. No refunds, (thus 100% cancellation fee) for any cancellations within 24 hours before the workshop. No refund will be allowed after you have received your material. Cancellation should be done in writing (fax or e-mail) at least 5 (five) days prior to the workshop.
These prices are valid from 1 November 2010 to 31 October 2011. If you register in 2011, but attend the workshop in 2012, you will be charged on the 2012 prices.
DATES & VENUES
- Please contact PSG Konsult Academy for scheduled dates
- We are also prepared to facilitate the study schools at any venue if there are 20 or more participants.
- Currently we offer training in Gauteng (Centurion) & Cape Town (Tygervalley)
