Certificate in Financial Services (Level 5) (General Insurance) [Version 2]

This programme is suitable for people working in or who wish to work in the financial services industry. It is of particular relevance to those seeking to provide individualised financial advice to meet clients’ personal needs.

What You Will Learn:

• When you complete this certificate, you will be able to demonstrate the knowledge and application of:
• good conduct obligations, including the advice process and the key elements of legal, ethical, and professional obligations
• key financial institutions, systems, markets, and products/services.
• key factors in the economic environment that impact participants in the financial services sector.
• You will also be able to:
• provide general insurance services using knowledge of general insurance concepts, legislation, regulations, codes of conduct; and the purpose, responsibilities and roles of participants.
• establish, analyse, and review a range of personal, domestic, or small business general insurance needs, objectives, risk tolerance, and priorities. 
• analyse general insurance products, structures, and options; Government support agency benefits; and potential non-insurance solutions when developing solutions to a range of personal, domestic, or small business general insurance needs.
• provide general insurance services using knowledge of the processes of the application, underwriting, issue, placement, maintenance, review, claims, cancellation, and ending of general insurance contracts.
• apply the Six Step Advice Process to provide advice in a general insurance context. 

Entry Requirements:

• To enter this qualification you must be over 16 years of age and have a minimum of eight NCEA Level 2 credits in English. This includes four in writing and four in reading.
• Or you need to be able to demonstrate equivalent knowledge or skills.
• 20 years old or over
• If you are 20 years of age or over and do not hold the minimum entry requirements you will be eligible to be enrolled where your previous educational, work or life experience indicates you have a reasonable likelihood of success.
• English language requirements
• International learners must also have an IELTS (Academic) score of 5.5 with no band score lower than 5.0, or equivalent.
• Domestic learners for whom English or M?ori is not their first language must also have an IELTS (Academic) score of 5.5 with no band score lower than 5.0, or equivalent.