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FET Certificate – Short Term Insurance – Level 4 – 49929

Unit Standard TypeUnit Standard CodeUnit Standard TitleCredits
Study School 1 – Work Environment & Introduction to Insurance
Theme: Ethics and Compliance Issues
Core13940Demonstrate knowledge and application of ethical conduct in a business environment4
Core120127Demonstrate knowledge and understanding of issues of compliance or non activity that could result in civil or `criminal liability in terms of business law2
Theme: Workplace Relationships  
Core117133Manage own work performance in relation to an organisation’s performance management system2
Core119265Manage risk in own work environment2
Core114943Describe how to manage workplace relationships2
Theme: Customer Care and Electronics systems 
Core119676Apply the skills of customer care in specific work environment4
Core113911Use an electronic system as a tool in financial services context2
Theme: Introduction to Insurance Contracts and Principles   
Core120124Demonstrate knowledge of Insurable risk3
Core120128Apply the law of contract to insurance3
Theme: Developments in the Short-term Insurance Industry  
Core120019Analyse new developments reported in the media that could impact on Short Term Insurance10
Total Credits 34
ACTIVITYCONTACT DAYSDATE
Facilitation4
Submission Only0,5
Formative Results, Remedial & Revision0
Summative 1 (13940,120127,117133,119265)1
Summative 1(114943,113911,120124)1
Summative 1(120128,120019,119676)1
Logbook – Site Visit 
Summative 1 Results 
Summative Remedial 11
Summative Remedial Results
Administration File Audit
Moderation – 7 days after Admin Audit
Moderation – Results 10 days after submission
STUDY SCHOOL 2 – LEGISLATION & PERSONAL LINES INSURANCE
Theme: Legislation
Elective12164Demonstrate knowledge and insight of the Financial Advisory and Intermediary Services Act (FAIS) (Act 37 of 2002) 2
Elective117121Apply knowledge and insight into the Short-term Insurance Act (No 53 of 1998) and the accompanying regulations 3
Theme: Multiperil Policy Coverage
Core120121Apply technical knowledge and understanding of the cover provided under a Short Multi- peril insurance policy5
Theme: Personal Motor Insurance
Core120005Demonstrate knowledge and understanding of personal motor insurance4
Theme: Personal Assets Insurance
Elective120016Apply knowledge of household contents insurance4
Elective120015Demonstrate knowledge and understanding of house-owners insurance3
Theme: Personal Accident & All Risks
Elective120022Apply knowledge and understanding of personal accident insurance3
Elective120011Apply knowledge of personal all risks insurance 2
Theme: Developments in the Short-term Insurance Industry
Core120019 Analyse new developments reported in the media that could impact on Short-term Insurance
Total Credits26
ACTIVITYCONTACT DAYSDATE
Facilitation3
Submission Only0,5
Formative Results, Remedial & Revision0
Summative 1 (12164 & 117121)1
Summative 1 (120022, 120118, 120115)1
Summative 1 (120011,120005, 120118, 120115)1
Logbook – Site Visit 
Summative 1 Results 
Summative Remedial 11
Summative Remedial Results
Administration File Audit
Moderation – 7 days after Admin Audit
Moderation – Results 10 days after submission
STUDY SCHOOL 3 – SASRIA, UNDERWRITING PROCESSES & MEDIA
Theme: SASRIA
Core117117Describe standard insurance cover in terms of SASRIA4
Theme: Development of Financial Products
Core114985Indicate how different needs lead to the development of different Financial Services products4
Theme: Introduction to Underwriting
Elective120118Underwrite a standard risk in short personal insurance6
Elective120115Apply technical knowledge and understanding of business10
Theme: Developments in the Short term Insurance Industry
Core120019Analyse new developments reported in the media that could impact on Short Term Insurance
ACTIVITYCONTACT DAYSDATE
Facilitation2 
Submission Only0,5 
Formative Results, Remedial & Revision0 
Summative 1 (117117,114984)1 
Summative 1 (120118,120115)1 
Logbook – Site Visit  
Summative 1 Results  
Summative Remedial 11 
Summative Remedial Results  
Logbook Collection  
Administration File Audit  
Moderation – 7 days after Admin Audit  
Moderation – Results 10 days after submission  
Total Credits24
STUDY SCHOOL 4 – FINANCIAL LITERACY
Basic Financial Statements  
Fundamental117156Interpret Basic Financial Statements4
Income Tax Principles and Application  
Fundamental117127Describe and apply the principle of personal income tax3
Managing Risk in Own Life  
Fundamental117158Investigate ways of managing financial risks in own lives5
Total Credits12
ACTIVITYCONTACT DAYSDATE
Facilitation2
Submission Only0,5
Formative Results, Remedial & Revision1
Summative 11
Logbook -Checking 
Summative 1 Results 
Summative Remedial 11
Summative Remedial Results 
Administration File Audit 
Moderation – 7 days after Admin Audit 
Moderation – Results 10 days after submission
STUDY SCHOOL 5 – MATHS
Theme: Introduction to Statistics 
Fundamental9015Apply knowledge of statistics    and probability to critically interrogate and effectively communicate findings on life related problems6
Theme: Shapes and Motion
Fundamental9016Represent analyse and calculate shape and motion in 2 and 3 dimensional space in different contexts4
Theme: Financial Aspects
Fundamental7468Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues6
Total Credits16
ACTIVITYDAYSDATE
Facilitation3 
Submission Only0,5 
Formative Results, Remedial & Revision0 
Summative 1 P1 P2 P31 
Logbook – Site Visit
Summative 1 Results
Summative Remedial 11
Summative Remedial Results
Administration File Audit
Moderation – 7  days after Admin Audit
Moderation – Results 10 days after submision
STUDY SCHOOL 6 – FIRST LANGUAGE 
Fundamental8974Engage in sustained oral communication and evaluate spoken texts5
Fundamental8975Read analyse and respond to variety of texts5
Fundamental8976Write for a wide range of contexts5
Fundamental8979Use languages and communication in occupational learning programmes5
Total Credits20
STUDY SCHOOL 7 – SECOND LANGUAGE
Communication Additional Language   
Fundamental8968Accommodate audience context needs in oral communication5
Fundamental8969Interpret and use information from texts5
Fundamental8970Write text for a range of communicative contexts5
Fundamental8973use languages and communication in occupational learning programmes5
ACTIVITYCONTACT DAYSDATE
NoneExemptedExemptedExempted
Total Credits 20
Total Credits150
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Previous FET Certificate – New Venture Creation (SMME) – Level 4 – 66249
Next FET Certificate – Wealth Management – Level 4 – 57917
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