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This program aims to provide trainees with a comprehensive understanding of the concept of protection and savings insurance. This is achieved by clarifying the legal and technical rules governing these products. The program includes identifying the risks individuals face and the financial impact of premature death on their dependents. It also covers the various contracts that address mortality and longevity risks (such as term life insurance, whole life insurance, and endowment insurance). Furthermore, the program will clarify the contracting procedures, policy terms and conditions, and the factors influencing the underwriter's decision to accept or reject applications. It also covers the scientific methods for determining the appropriate sum insured and the technical principles for calculating premiums and mathematical reserves. Finally, the program concludes by presenting Takaful (Cooperative) insurance as an alternative to traditional commercial insurance.
This program aims to provide trainees with a comprehensive understanding of the concept of protection and savings insurance. This is achieved by clarifying the legal and technical rules governing these products. The program includes identifying the risks individuals face and the financial impact of premature death on their dependents. It also covers the various contracts that address mortality and longevity risks (such as term life insurance, whole life insurance, and endowment insurance). Furthermore, the program will clarify the contracting procedures, policy terms and conditions, and the factors influencing the underwriter's decision to accept or reject applications. It also covers the scientific methods for determining the appropriate sum insured and the technical principles for calculating premiums and mathematical reserves. Finally, the program concludes by presenting Takaful (Cooperative) insurance as an alternative to traditional commercial insurance.
Insurance
Risk Management
Not Exist
Lecture
Case Studies
Pre Exam
Post Exam
Claims
This provides you with the opportunity to select the available times that suit you best for participation in our program. These times represent slots during which we are ready to welcome you and provide assistance and guidance.
Identify the risks individuals are exposed to and assess the financial impact of premature death on different family types
Recognize the distinctive characteristics of life risks and the different contracts that cover them (such as premature death and longevity).
Understand the key terms and conditions in protection and savings insurance contracts and their impact on both the policyholder and the beneficiary
Evaluate the factors influencing underwriting decisions (acceptance, rejection, or conditional acceptance) for insurance applications.
Identify the features and operational mechanisms of Group Insurance and Industrial (Popular) Insurance.
Learn the different methods for estimating the appropriate sum insured (such as Human Life Value, Needs Analysis, and Capitalization).
Explain the legal and technical principles governing protection and savings insurance, including the fundamentals of premium and reserve calculation.
