Advanced Certificate in Short-Term Insurance
Milpark Education
Key Information
Select location
Campus location
Cape Town, South Africa
Languages
English
Study format
Distance Learning
Duration
1 - 3 year
Pace
Part time
Tuition fees
ZAR 32,150 *
Application deadline
Request info
Earliest start date
Request info
* depending on the elective module
Introduction
The Advanced Certificate in Short-term Insurance is ideal for career-orientated individuals within the short-term insurance industry who want to complete a qualification that provides an in-depth understanding of insurance practices in terms of technical subject matter and application skills.
The Advanced Certificate in Short-term Insurance programme is aimed at insurance staff working across all sectors of the industry and is a logical progression from Milpark’s Higher Certificate in Short-term Insurance. The programme provides an in-depth understanding of insurance practices in terms of technical subject matter and application skills.
This qualification will allow students to apply for professional membership to the Insurance Institute of South Africa (IISA) for the designation of Associate of the Insurance Institute of South Africa, provided that all other requirements are met. Application forms and the requirements for membership are available on the IISA’s website.
This qualification will also allow students to apply for Recognition of Prior learning with the international Charter Insurance Institute (CII), for the CII Diploma which includes the designation Dip CII, by completing two additional modules with the CII.
Ideal Students
The programme would be suitable for:
- An employed person who wants to enhance his knowledge of specialist short-term insurance products and who has completed a relevant (Short-term insurance) NQF level 5 qualification.
- A person employed in a managerial position in the Short-term insurance industry.
- A person in the insurance industry operating in the underwriting and claims department of an insurer.
- A person wanting to apply for the designation of Associate (AIISA) to be awarded by the IISA.
- A person wanting to apply for the designation of Dip CII to be awarded by the CII.
Program Outcome
Successful completion of this qualification should enable the student to:
- Assess potential legal liability for a situation and recommend a suitable insurance product to address the need.
- Apply knowledge of legislation, compliance and ethics in a short-term insurance context in South Africa.
- Demonstrate an in-depth understanding of the identification and management of risk within the context of short-term insurance.
- Demonstrate insight into the business environment as it impacts short-term insurance.
- Demonstrate insight into the purpose and structure of short-term insurance products as well as the underwriting and claims processes involved.
Gallery
Curriculum
Compulsory
- Short-term Insurance Environment
- Risk Management 2
- Liability Insurance
- Commercial Property and Business Interruption Insurance
Elective
Select one:
- Motor Insurance (Semester 1)
- Reinsurance (Semester 2)
- Management and Leadership* or
Marketing Management Practice*
*When deciding on electives, it is important to note that students cannot complete both Management and Leadership and Marketing Management Practice as electives for graduation purposes.