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FETC: Long Term Insurance
FETC: Long Term Insurance
FETC: Long Term Insurance
The purpose of the Qualification is to build knowledge and skill required by employees in Long-term Insurance who have had schooling at or below NQF level 4.

It serves as a bridging Qualification into Long-term Insurance as learners will not have acquired the necessary knowledge and skills as part of the school curriculum.

It is intended to empower learners to acquire knowledge, skills, attitudes and values required to opera te confidently as individuals in the South African community and to respond to the challenges of the economic environment and changing world of work in the financial services industry.

As a Qualification that covers Long-term Insurance-related learning, It provides a framework for learners to develop competencies that will give them insight into the Long-term Insurance sub-sector. It introduces a basic understanding of the key terms, rules, concepts and principles of the field that will enable learners to be informed workers in the industry.

It provides a balanced learning experience that allows flexible access to life-long learning, higher education and to productive employment in Long-term Insurance. It provides an opportunity for learners to learn and apply academic skills in relation to the workplace and will allow for multi-skilling.

 

Duration:

12 Months

Learners should have the capacity to take responsibility for their own learning within a supervised environment and should be able to evaluate their own performance and address their shortcomings.

The learner will be capable of:

  1. Carrying out basic research tasks and applying literacy and numeracy skills to analyse, interpret and evaluate information from a range of sources related to Long-term Insurance or reinsurance and the assessment of risk.
  2. Managing personal finances and risk.
  3. Applying knowledge of legislation, ethics, compliance and organisational protocols in the Long-term Insurance environment.
Possible career opportunities include, but are not limited to, 
  • Life Administrators 
  • Consultants
  • Personal Assistants;
  • Secretaries,
  • Service Centre Staff
  • Intermediaries
  • Term Broker Consultants
  • Client Liaison Officers
  • Sales and Marketing

Ready to Complete the Application Form?

SAQA ID

49649

SETA Accreditation

Inseta

Credits

140

NQF

4

Method of Learning

E-Learning

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