Long Term Insurance - the basics

Technical

CPD

4

Take This Course

Course Description

After studying the topic, the learner should be able to:

Define a long-term insurance policy.
Outline the general features of the different type of life risk policies and long-term investment policies.
Define the different parties to a long-term insurance policy.
Explain the principles underlying long-term insurance policies.
Describe the fees and charges applicable to long-term insurance policies.
Outline the general risks associated with long term insurance policies

Course Info

Prerequisites:
None

Skill Level:
All

Price: R 400.00

CURRICULUMS

Fundamentals of Long Term Insurance

Compliance in Perspective

Compliance reflects conformance to the required legislative aspects. Failure to comply with these standards will result in businesses being exposed to risk, often with adverse effects. Through the FAIS and FIC Acts, compliance has been made an integral part of the business processes with more focus and reporting on compliance aspects. With this focus and the negative impact and implications of not complying, non-compliance is simply not an option. There are many complexities to incorporate compliance into daily business activities. It is the focus of VAPS Consultancy to assist customers to incorporate legislative requirements into policies and procedures to manage the risk of the business.

ABOUT US

VAPS Consultancy has been in operation since 2004 in providing Value Added Products and Services, mainly in the motor industry. The compliance function has become a major value-added service to customers to provide guidance, support, policies and procedures, monitoring and risk management to ensure customers operating within a compliance framework. Effectively VAPS offers compliance solutions to business partners.