COB: Long-term Insurance
R665.00
Accreditation expiry date: 31/05/2024
The purpose of this course is to provide you with an overview of the main role-players and market participants in the financial services sector, as well as an overview of the regulatory landscape that governs the financial services sector. It will build your knowledge of legislation impacting on long-term insurance products and the tax implications of these products. This knowledge is essential when assessing different product/ benefit options and providing suitable advice to clients on long-term insurance products.
This course will also provide you with core knowledge and understanding of characteristics, terms and features of products in the long-term insurance class of business, including typical fee structures, charges and other cost-related risks associated with investing, purchasing or transacting in these products, as well as core knowledge and understanding of economic and environmental factors and risks that impact investments. , The basic understanding of the typical underlying asset classes (investment instruments) that are used in investment portfolio-building for products such as long-term investment policies, retail pension benefits, pension fund benefits, collective investment schemes and hedge funds are also covered.
This knowledge is essential when assessing investment options, selecting underlying assets in an investment portfolio, and providing advice to clients on investment products.
Lastly, this course will provide you with an understanding of personal financial planning and typical client financial needs.
Once you have completed this course you will be able to:
- identify the main role-players and market participants in the financial services industry, including their legal structure.
- demonstrate understanding of general legislation and codes of conduct applicable to the financial services industry.
- describe the general characteristics, terms and features of long-term insurance products.
- describe the typical fee structures, charges and other costs associated with long-term insurance products.
- describe the general risks associated with investing, purchasing or transacting in long-term insurance products.
- describe the impact of applicable economic and environmental factors, such as economic business cycles, inflation, monetary and fiscal policies, interest rates and exchange rates to specific sub-categories of long-term insurance products.
- describe the range of asset classes typically used in the construction of investment portfolios, as well as their typical characteristics, terms and features, and tax implications.
- describe the general risks associated with investing, purchasing or transacting in the different asset classes.
- describe the principles, options and strategies applicable to provide effective combinations of asset classes to suit the needs of different investors.
- explain the legislative and tax implications applicable to specific sub-categories of long-term insurance products.
- assess the appropriateness of specific sub-categories of long-term insurance products for specific client needs.
- describe the options and strategies applicable to specific sub-categories of long-term insurance products to provide effective combinations of cover/savings to suit the needs of different investors.,
- identify the general (risk and investment) financial needs of clients or groups of clients.
Who Should Register
- Representative
- Employee
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Masilo Jeremia Maake –
This is a must to read and know
Endwell Timothy Vilakazi –
This is the essential foundation in Long Term Insurance Business Practice for all Representatives and Financial Advisors
Mbeks –
Solid Foundation for financial advisors and representatives????
Palesa Mangali (verified owner) –
The course was very informative and well presented