About this course
Accreditation: Completion of program awards you 7 CPD points | hours for purpose of FAIS fit and proper requirements
Class of Business Categories: Long-term Insurance
FPI approval number: FPI 19090012
The course considers the policy holder protection rules (2017) issued in terms of the Long-term Insurance Act as amended by Government notice 997 of 28 September 2018.
The new rules also provide for micro insurance product standards to support the microinsurance regulatory framework as established by the Insurance Act 18 of 2017.
Time allotted for course
The course consists of 11 topics with an assessment that needs to be completed. The time allotted for each aspect is as follows:
Number of pages to read
Introduction to the rules
Requirements for the fair treatment of policyholders
Microinsurance product standards
Arrangements with intermediaries
Terminations of policies
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