Occupational Certificate: Long Term Insurance
SAQA ID: 105022 | NQF Level: 5 | Credits: 180
Delivery:
Inhouse Corporate
Public Programme
Duration:
18 months
Mode:
Online Facilitated Classes
Accreditation
Quality Council for Trades
and Occupations
Program outline
Programme overview
This qualification benefits aspiring Long-Term Insurance Advisors and those working under supervision, providing the necessary skills and knowledge for FSCA accreditation. It aims to prepare students to operate as an Insurance Claims Administrator (Insurance Claims Assessor).
An Insurance Claims Administrator (Insurance Claims Assessor) assesses the validity of the claim against the contract to determine or recommend whether to settle or reject a claim and provide comments on risk improvements and moral risks.
Is this course for you?
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- New entrants to the financial services industry
- Current financial advisors looking to specialise in insurance
- Professionals working in retirement or employee-benefits fields
Your advantage
Save Time and Money
Connect from anywhere in the online facilitated classes with our industry experts and fellow learners. There is no need to relocate or travel—save time and money while gaining valuable interpersonal skills by participating in collaborative projects.
Study Your Way
Our flexible online evening classes are tailored for working professionals like you. Learn at your own pace so you can balance work and study.
Are you just starting out? Then, attend our intensive foundation program and a job placement to gain the experience needed to succeed in your new career.
Personalized Learning
iFundi’s AI platform tailors your learning journey. Get customized study advice, instant feedback, and dedicated personal support every step of the way.
What will set you apart
Ability to develop tailored long-term insurance solutions
Strong grasp of legislative, ethical, and compliance requirements
Enhanced client engagement and relationship skills
Confidence in supporting clients through life-event changes and planning
Solid foundation for future financial advisory career paths
Module breakdown
- Understand the Regulatory Requirements for Advising Clients on Insurance and Investments
- Analyze Clients’ Long-Term Wealth Creation and Protection Needs
- Evaluate Available Long-Term Wealth Creation and Protection Options
- Recommend and Implement Appropriate Insurance Solutions for Clients
- Build and Maintain Strong Client Relationships through Effective Communication
- Develop Knowledge of Insurance Savings and Retirement Planning Principles
- Gain Practical Experience in Providing Financial Advice and Wealth Management
- Understand the Investment Advisory Industry’s Key Principles and Practices
- Develop Skills to Support Clients in Achieving their Long-Term Financial Goals
Earn a certificate
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- Certification: Occupational Certificate in Long Term Insurance.
- Accreditation: SAQA-accredited (ID: 105022).
- NQF Level: Level 5 with 180 credits.
- Duration: 18 months
iFundi has assisted many leading companies to prepare their teams for the 4th Industrial Revolution. Ready to do the same for your workforce? Speak with one of our advisors today.
recognized by top accreditation bodies and industry leaders
What people ask
Which course is best for insurance?
A specialised adviser certificate—such as the Long-Term Insurance Adviser—is ideal for entering long-term financial planning and insurance.
What falls under long-term insurance?
It covers products like life cover, disability, healthcare benefits, annuities, and retirement planning.
Where can I study insurance in South Africa?
Institutions like iFundi offer accredited long-term insurance qualifications, both online and in blended formats.
Which insurance course is best?
It depends on your goal: short-term, long-term, or life insurance certification. For long-term planning, this adviser course is a strong choice.
What is the highest paid job in insurance?
Senior roles such as Insurance Brokers, Financial Advisers, Underwriters, and Actuaries are top-tier earners.
What are the three types of term insurance?
Typically life cover, disability cover, and critical illness cover fall under the umbrella of long-term term insurance.
What is meant by long-term insurance?
It refers to insurance products that span long durations—life, health, disability, pensions, and annuities.
What is long-term insurance in South Africa?
Regulated products including life policies, disability income, retirement annuities, and funeral plans governed under FAIS and the Long-term Insurance Act.
How much do insurance agents make in South Africa?
Agents earn between R 15 000–R 30 000/month plus commissions; senior consultants can exceed R 40 000.
Which degree is best for insurance?
Degrees in Insurance, Finance, or Business are helpful; however, practical occupational certificates like this offer strong career entry points.
Which insurance certificate is best?
For long-term planning, the Level 5 Occupational Certificate offers deep credibility with comprehensive outcomes.
What is the highest insurance qualification?
Advanced roles require diplomas (Level 6) or professional designations (e.g. CFP, FIA) in addition to occupational certificates.