The programme covers insurance knowledge broadly, starting from the explanation of the market and the very important insurance principles governing insurance operations.
Furthermore, the programme delves into the various classes that are typically provided by insurers as well as an outline of insurance processes typically, underwriting and claims and regulatory frameworks.
This qualification is designed for those involved in insurance intermediary activities specifically in introducing, proposing or carrying out other work in the administration and performance of such contracts.
At the end of the programme the participant would have acquired adequate knowledge to be able to work in an insurance environment.
The programme seeks to equip the participant with the general facts, principles and concepts of insurance and should enable the participant to explain insurance products to prospective clients without assistance.
Lectures will be held from 5.30 – 7.00 pm on the following dates:
Month | Date |
October | 4th, 6th, 10th, 13th, 17th, 20th, 24th, 27th |
November | 3rd, 7th, 10th, 14th 17th ,21st 24th, 28th |
Exam will be held from 5.30 – 7.00 pm on Tuesday 5th December 2023.
The course consists of 24 contact hours, 16 sessions each of 1.5 hours duration (17:30 – 19:00 CET). A further 25 hours of self-study are required.
‘O’ Level standard of education (MQF Level 3).
This course is suitable for those acting or intending to act as an insurance intermediary for the purpose of pursuing insurance intermediaries’ activities including the provision of services ancillary to other business of insurance as may be prescribed. Also, it is suitable for those who wish to acquire a basic understanding of insurance products, processes and regulation. Therefore, it is also suitable for those wishing to join the insurance industry and those who are already in employ but are new to insurance operations.
There will be 1 examination session of 1.5 hours duration, during which candidates will be expected to answer 50 Multiple-Choice questions. The pass mark is set at 55%.
There will be 1 examination session of 1.5 hours duration, during which candidates will be expected to answer 50 Multiple-Choice questions. The pass mark is set at 55%.
The re-sit will take place on the same date of the corresponding awards of the subsequent intake.
Re-sit exam fee is €60 inclusive of one (1) revision session.
The programme will assist in the career of those who aspire to work in the insurance industry, those who have joined insurance industry and those who already have some work experience but wish to receive formal insurance training. It is also suitable to those who wish to obtain a TII licence and those who wish to commence their insurance studies, possibly to take on further studies in the future.