The basics of Short-term insurance
The Faculty of Law is proud to present the following new short programmes in 2010:
THE BASICS OF SHORT TERM INSURANCE
Short-term insurance business entails the business of providing policy benefits under defined short-term policies such as engineering policies, liability policies, accident and health policies, property or transportation policies.
The Financial Services Board published their latest “fit and proper” requirements on 29 December 2008. Representatives performing financial services in relation to Short-term Insurance: Personal Lines and Short-term Insurance: Commercial Lines will shortly be required to pass a second level regulatory examination based on certain qualifying criteria.
· This particular programme was developed in order to assist representatives to master the outcomes as prescribed by the Regulator.
· The short programme is presented bi-annually from January to June and from July to November. Contact tuition is condensed into a five day programme (26 – 30 July, from 8:30 – 16:30).
Topics covered relate to the historical background and sources of insurance, general principles of Short-term Insurance, conclusion and content of an insurance contract, elements of the client/broker relationship, maintaining policies, claims processing, recovery and mitigation of losses and liability of intermediaries and dispute resolution.
ENQUIRIES Contact number for general enquiries: 011 559 3739/3631
Email: ajacobs@uj.ac.za
Specialised enquiries: Prof D Millard, 011 559-2582; dmillard@uj.ac.za
Closing date: 15 May 2010
