LIA - The Professional Association for Financial Services in Ireland

The Professional Certificate in General Insurance for QFAs expands on the Professional Diploma in Financial Advice to explain the concept of general insurance, legal and insurance principles and details insurance policies within the market. It explains the underwriting procedures and policy wordings, the claims procedure and details the risk management process of general insurance policies.

The Professional Certificate in General Insurance for QFAs has been designed as a “bridge” for QFAs to also meet the Financial Regulator’s Minimum Competency Requirements to advise on / sell personal general insurance products (e.g. motor, health, property and travel).

Those holding the designation QFA already meet the Financial Regulator’s Minimum Competency Requirements to advise on/sell the other five categories of retail financial products.

On successful completion of this course QFAs will be able to:

• Describe the legal principles and regulatory framework within which the provision of general insurance products and advice operates;
• Explain the type of general insurance needs of consumers, the important issues arising as a result of these needs and matching those needs to products in the general insurance market;
• Evaluate underwriting procedures and policy wording;
• Summarise the claims procedure and the risk management process as they apply to general insurance products.

See main Education page for close offs.

 

Download Application Form for 2010/2011 Academic Year Here