Whether it’s life, health or business insurance, everyone needs at least one at some point in their lives. Our Insurance Courses will introduce you to the main elements and help you gain the skills you need for a successful career in the industry. Sign up and get started today!
What is Insurance?
Insurance is a legally binding contract between an insurance provider and a client. This contract ensures financial protection or repayment lost, stolen or damaged items. Have you ever heard of MiWay, OutSurance or Dial Direct? Well those are insurance companies that offer life, home and business insurance.
Why Should I Study an Insurance Course?
If you are interested in a career within the insurance industry, studying the relevant course is a great place to start. It helps you build up the knowledge needed to identify investment opportunities to start your portfolio. Here are some other key benefits.
- Good Earning Potential
- There’s Flexibility
- Easy to get Started
- Offers Variety of Work
Good Earning Potential
You have the potential to earn a great salary once you build up enough experience. Depending on the specific job you want to pursue, you also have the chance to earn a salary plus commission.
There’s Flexibility
Want to work for an insurance firm, or be your own boss? The choice is yours! Many people in the insurance field start their own business after working in the field for years. This allows you to create a schedule that suits you.
Easy to get Started
Whether you are just starting out in the industry or making a career change, the time it takes to study and become qualified is less. This is because most insurance companies offer in-house training and a degree isn’t necessary.
Offers Variety of Work
Experts in this field do more than just sell insurance to clients. There are a variety of tasks that are also part of the job description. This includes responding to queries, meeting new people and helping them achieve their financial goals.
Our Insurance Certification Course
We offer an accredited insurance course. This means that even though they are done via distance learning, you will have a recognised qualification upon completion. This course is in partnership with Finlite, an accredited distance learning provider.
FETC: Wealth Management NQF 5
This is the perfect entry point into the financial services industry in a variety of roles. It also provides you with a chance to kickstart a career in financial planning.
Accreditation: This course is accredited by Inseta and your certificate will be awarded by the South African Qualifications Authority.
Entry Requirements: To enrol, you will need to have a grade 12 matric certificate or the equivalent.
Learning Material: All your learning materials will be couriered to you at no extra cost. This will include study guides, textbooks and study calendars.
Assessments: Each of your modules will have a formative assessment.
Total Credits: To pass this course you will need a credit score of 120 .
Course Outcome: Once you have completed this course, you should be able to communicate and present information to demonstrate insight into current issues in the Financial Services Sector.
Note: You need 50% for each of your assessments in order to qualify for your summative assessment.
Benefits of Studying via Distance Learning
Distance learning has become the new normal. And because of this, there are a wide variety of reasons why you should choose this method of studying. Not only will your studies NEVER go on hold but you have more power in the process.
Work and Study
You may want to work and study at the same time, but a regular campus schedule doesn’t allow for it. Well, with us you won’t have to choose between being able to pay your bills and furthering your education. You can be a full-time student and a full- time worker.
No Travelling to Campus
Travelling to and from campus can become a costly expense. But with distance learning you don’t have to worry about that. You study from home so you get to save those extra pennies and put it towards something else.
Study Materials Delivered
Who wants to spend an entire day running from one bookstore to the other? That’s just time consuming and we want to save you time. That’s why we prefer to deliver all your course materials once you have registered. This includes your textbooks so you can start studying ASAP.
Around the Clock Help
Stuck on a section during your midnight study session? No problem, you don’t have to wait till the next day for help. Our online study groups are available to you all day long. Here you will be able to have all your questions answered.
Careers With an Insurance Qualification
The insurance industry is constantly growing and not just in South Africa but all around the world. This has opened doors to many career opportunities. You won’t be stuck in a job forever, in fact a career in insurance has potential for growth.
- Insurance Sales Agent: Sales agents are responsible for finding new clients. They deal with policy renewals and analyse/ suggest changes to the policies of current clients.
- Claims Adjuster: A claims adjuster gathers information to determine how much an insurance company has to pay for a claim.
- Insurance Broker: Insurance brokers arrange deals between clients and insurers. They also advise clients on what policies are best for them.
- Underwriter: An underwriter handles the issuing of policies. They also decide which policies an insurance company should offer potential clients.
Skills Academy is the word support in every way.
Insure Your Future With us
Ready to take the leap? To learn more about these Insurance courses, get in touch with one of our course experts. You can:
- Fill in an online contact form and we will get back to you.
- Give us a call on 0800 39 00 27 – it’s free!
People Also Ask
To become an insurance consultant in South Africa, you need to acquire relevant qualifications, such as completing a recognized insurance-related course. Following that, you would register with the Financial Sector Conduct Authority (FSCA) to practice as an accredited insurance consultant.
In South Africa, insurance brokers generate income through commissions from insurance companies. They earn a percentage of the premium paid by clients when successfully selling insurance policies, aligning their earnings with the policies they facilitate.
Getting an insurance license in South Africa is a process that includes meeting the regulatory standards set by the Financial Sector Conduct Authority (FSCA). This usually means finishing specific educational qualifications, passing a licensing exam, and making sure you follow all the rules laid out by the regulators before you’re given the green light to practice.
The primary distinction between an insurance broker and an insurance agent lies in their client representation. Insurance brokers operate independently, advocating for clients to secure the best insurance deals from various providers.
Conversely, insurance agents typically work for a specific insurance company, exclusively selling policies from that particular company to clients.