GUIDELINES FOR CII EXAMINATION APRIL 2012

Transcription

1 GUIDELINES FOR CII EXAMINATION APRIL 2012 Qualifications offered by the Chartered Insurance Institute (CII) are recognized througho insurance industry as evidence of commitment, knowledge and understanding. They un job specific and at work training, and help you deliver a capable, professional service. These guidelines cover the Certificate, Diploma and Advanced Diploma in Ins qualifications. There are no entry requirements relating to study for these qualific However, in the case of the Diploma it is recommended that those educated to GCSE standard (or equivalent) should first complete the Certificate in Insurance. Likewise f Advanced Diploma it is recommended that candidates first study for the Diploma a provides a pathway to the Advanced Diploma. CII MEMBERSHIP Members of CII can avail discounts on learning materials, exams, etc., etc. If an individual to become a member of the CII they will be required to pay the one off admission fee equivalent to Rs. 5,580, in addition to the relevant annual subscription fee. The admissi does not need to be paid annually. Note: Although a person may already have a PIN number, this does not mean they are a m of the CII, if they are not a member and would like to apply for membership the admissi will be required. Note: Candidates living outside the UK who are members of an associated or affiliated institute may enter the CII exams and purchase study materials at the same prices as charged to members of the CII. ACCREDITATION OF PRIOR LEARNING CII. London, grants exemption in one or more subjects on the basis of the existing qualifi attained by the candidate. The process is simple. Fill in the Accreditation of Prior Le Form and enclose attested copies of Degrees / Diplomas / Certificates and Mark sheets qualifications on the basis of which you are requesting exemption(s) and send them (attestation fee of Rs.200 per document shall be charged), who will, after verification, forw CII, London. No fee is payable at this stage, however when CII, London grants Accreditat Prior Learning, the required fee, detailed in the letter you receive from CII, London sho sent to PII along with photocopy of the letter for CII to grant credit for the subject. Note: It is also advisable not to choose or enter in any subject that you wish to app Accreditation of Prior Learning now or in future because once you enter for a subjec irrespective of whether you appear or not, application for exemption cannot be enter even if you acquire the necessary qualification afterwards.

2 COURSE BOOKS The exams are based on the published syllabuses, which are in themselves important a exam preparation and revision. It is essential that you familiarize yourself with these commencing study (a full syllabus is provided within each course book). These set out the objectives of each unit and detail the learning outcomes expected of cand in the exam for each unit. The syllabuses also identify published material designed to assist you in preparing for under the following headings: primary text, additional reading, reference works and period To obtain the syllabuses free of charge, visit and look within the secti Qualifications. Copies may also be obtained from PII, Karachi. Visit Course books are available at PII, Karachi that cost Rs.1,000 (for Members) and Rs.2,00 non members) per book. For other cities please add postage charges of Rs.100. EXAMINATION FEES & DEADLINES Course wise per subject examination fee structure is given as follows: Courses Members Non Members Rs. Rs. Advanced Diploma in Insurance , ,490 Diploma in Insurance , ,250 Certificate in Insurance 94 14, ,840 Fill in the Application / Entry Form and send it to PII along with the required fee for o submission to CII, London who will acknowledge to you directly. The closing dates for all application / entry forms to reach PII are as follows: Courses Closing dates for April 2012 exam Advanced Diploma in Insurance 17/08/2012 Diploma in Insurance 17/08/2012 Certificate in Insurance 17/08/2012 Important: All payments should be made in the form of Pay order / Demand Dr favour of Pakistan Insurance Institute, Karachi and payable at Karachi. 2

3 Approximately 3 weeks before the examination date, the candidate will receive Adm Permit from CII, London. The examination center details will be notified to the candida the local institute. EXAMINATION HALL REQUIREMENT Before entry to the Examination Hall all candidates will be required to produce proof o identity. Candidates are advised to bring with them as proof of identity the following:? Admission Permit? Original CNIC Checking will be done before the commencement of each examination session. Therefor must arrive at least 30 minutes before start of examination. ADVANCED DIPLOMA IN INSURANCE To achieve the Advanced Diploma you must accumulate a minimum of 290 credits, with at 205 at Diploma level or above and 90 at Advanced Diploma level. The following table sho compulsory units required to complete the Advanced Diploma. Advanced Diploma Units edits Units ed (P92) Insurance business and finance (Diploma in insurance unit ) (P05) Insurance law * (Diploma in insurance unit ) 25 or (530) Economics & Business DIPLOMA IN INSURANCE To achieve the Diploma you must accumulate 120 credits, with at least 90 at Diploma level above. The following table shows the compulsory units required to complete the Diploma. Diploma Units edits Units ed (P92) Insurance business and finance 25 or (530) Economics & Business (Advanced Diploma in insurance unit) 30 (P05) Insurance law *

4 CERTIFICATE IN INSURANCE Units edits Units e (IF1) Insurance, legal and regulatory * 15 or The Award in London Market Insurance: (LM1) London market insurance essentials and (LM2) London market insurance principles and practices - 2 * Due to the extent of syllabus overlap, you may already satisfy the compulsory requiremen you hold another, now withdrawn, unit, Refer CII brochure. To achieve the Certificate in Insurance you must accumulate a minimum of 40 credits. Candidates are required to take (IF1) Insurance, legal and regulatory worth 15 credits or t Award in London Market Insurance (units LM1 and LM2) worth 25 credits. GENERAL Attached is a complete list of available Advanced Diploma, Diploma, and Certificate units with the time table for the examination Full details are also available onl Should you require any further assistance please feel free to contact Pakistan Insu Institute at 30-B Lalazar Drive, M.T Khan Road, Karachi or Call Customer Serv

5 INSURANCE QUALIFICATION FRAMEWORK Advanced Diploma (530) Economics and Business 30 p (555) Life and disability underwriting (last examination sitting October 2012) (556) Life and disability claims (last examination sitting October 2012) (590) Principles of Takaful (655) Risk management (735) Life assurance (last examination sitting October 2012) (790) Private medical insurance (last examination sitting October 2012) (820) Advanced claims (930) Advanced insurance broking (945) Marketing insurance products and services (960) Advanced underwriting (990) Insurance corporate management Diploma in insurance units in insurance units (P21) Commercial insurance contract wording 20 (P80) Underwriting practice (P81) Insurance broking practice (P85) Claims practice (P86) Personal insurances (P05) Insurance law Diploma/Advanced Diploma Compulsory unit 25 (P90) Cargo and goods in transit insurance (P92) Insurance business and finance - Diploma/Advanced Diploma Compulsory unit (P93) Commercial property and business interruption (P94) Motor insurance (P96) Liability insurances (P91) Aviation and space insurance 30 (P97) Reinsurance (P98) Marine hull and associated liabilities Certificate (LM1) London market insurance essentialsndon market insurance essentials 10 (LM2) London market insurance principles and practices 15 (IF1) Insurance, legal & regulatory Certificate Compulsory Unit (IF2) General insurance business (IF3) Insurance underwriting process (IF4) Insurance claims handling process (IF5) Motor insurance products (IF6) Household insurance products (IF7) Healthcare insurance products (IF8) Packaged commercial insurances Foundation Insurance Test (FIT) Foundation insurance teston market insurance essentials 6 ce leve 5

6 CHARTERED INSURANCE INSTITUTE October 2012 examination (2 hour examination) Monday 15 October IF1 IF5 Insurance, legal & regulatory Motor insurance products (3 hour examination) Monday 15 October P98 Marine hull and liability 556 Life & disability claims 590 Principles of Takaful 820 Advanced claims 930 Advanced insurance broking (2 hour examination) Tuesday 16 October FIT IF2 IF6 LM1 P80 P86 Foundation insurance test General insurance business Household insurance products London market insurance essentials Underwriting practice Personal insurances (3 hour examination) Tuesday 16 October P05 Insurance law P90 Cargo and goods in transit insurance 655 Risk management 790 Private medical insurance 960 Advanced underwriting 990 Insurance corporate management (2 hour examination) Wednesday 17 Octo IF3 IF7 P21 LM2 Insurance underwriting process Healthcare insurance products Commercial Insurance contract wording London market insurance principles and practices (3 hour examination) Wednesday 17 Octo P92 Insurance business and finance P96 Liability insurances P97 Reinsurance 530 Business and economics 555 Life & disability underwriting (2 hour examination) Thursday 18 Octobe IF4 IF8 P81 P85 Insurance claims handling process Packaged commercial insurances Insurance broking practice Claims practice (3 hour examination) Thursday 18 Octobe P91 Aviation and space insurances P93 Commercial property and business interruption P94 Motor insurance 735 Life assurance 945 Marketing insurance products and services