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Life Insurance - Level 3

4.5( 4 REVIEWS )
152 STUDENTS
ACCREDITED BY

Overview

Life Insurance – Level 3 is a core qualification course for all personnel working in the insurance field. This course will develop the core concepts of how life insurance works and how to deal with real-world scenarios.

The course will give you strategies on how to deal with discounting cash flows and how to determine the expected lifetime of a specific individual so that the appropriate premiums can be determined. Life Insurance – Level 3 will teach you how life insurance and life annuities work and what the role of the policyholder is in this entire scenario.

Life Insurance-Level 3 will teach you the different formulas of calculating the different types of life insurance such as conventional life insurance, pure endowment insurance, Term Life insurance, Endowment Insurance, whole life Insurance etc. The course will also focus on Guarantees and options as well as certain annuities and the different types such as life annuity with a certain period, joint life and last survivor life annuities, term life and whole life annuity etc.

Why You Should Consider Taking this Course at 1Training?

1Training is a leading online provider for several accrediting bodies and provides learners with the opportunity to take this exclusive CPD course. At 1Training, we give our fullest attention to our learners’ needs and ensure they have the necessary information required to proceed with the training.

Learners who register will be given excellent learning support, discounts for future purchases and be eligible for a TOTUM Discount card and Student ID card with amazing offers and access to retail stores, the library, cinemas, gym memberships and their favourite restaurants

Learning Outcomes

  • Gain an understanding regarding life insurance in depth
  • Learn to apply this knowledge in real-life scenarios
  • Learn the formulae through which life insurance amounts are calculated.
  • Gain an in-depth understanding of life annuities

Key Features

Gain an accredited UK qualification

Access to excellent quality study materials

Learners will be eligible for TOTUM Discount Card

Personalized learning experience

One year’s access to the course

Support by phone, live chat, and email

  • Learners should be over the age of 16 and have a basic understanding of English, ICT and numeracy.
  • A sound educational background is recommended
  • Insurance agents
  • Lawyers
  • Anyone wanting to learn more about the insurance law

In order to pass the course ‘Life Insurance – Level 3’ learners will complete an online quiz which will be immediately marked, with learners knowing right away whether they’ve passed the test.

Upon the successful completion of the course, you will be awarded the Certificate for ‘Life Insurance – Level 3’ by CPD.

Awarding Body

CPD is a leading awarding body in the United Kingdom that meets an excellent standard of high-quality education. CPD is committed to the enhancement of proficiency and personal skills in order to develop learners’ skills and abilities. CPD ensures that both practical and academic qualifications assist individuals to re-skill or up-skill and maintain a competitive advantage in their chosen industry.

Career Path & Progression

The ‘Life Insurance – Level 3’ will improve your candidature for a number of jobs across multiple sectors.  You can study further related courses that will open the door to new and exciting opportunities and enhance your expertise in this subject, and add this as a skillset on your resume. Your skills will be recognized by leading employers and top organisations that will enable you to land a generous-paying job, plenty of benefits and a wide array of opportunities. Given below are job titles you can compete for, along with the average UK salary per annum according to https://www.glassdoor.com

  • Life Insurance Agent £49K
  • Life insurance case manager £41K
  • Learners should be over the age of 16 and have a basic understanding of English, ICT and numeracy.
  • A sound educational background is recommended
  • Insurance agents
  • Lawyers
  • Anyone wanting to learn more about the insurance law

In order to pass the course ‘Life Insurance – Level 3’ learners will complete an online quiz which will be immediately marked, with learners knowing right away whether they’ve passed the test.

Upon the successful completion of the course, you will be awarded the Certificate for ‘Life Insurance – Level 3’ by CPD.

Awarding Body

CPD is a leading awarding body in the United Kingdom that meets an excellent standard of high-quality education. CPD is committed to the enhancement of proficiency and personal skills in order to develop learners’ skills and abilities. CPD ensures that both practical and academic qualifications assist individuals to re-skill or up-skill and maintain a competitive advantage in their chosen industry.

Career Path & Progression

The ‘Life Insurance – Level 3’ will improve your candidature for a number of jobs across multiple sectors.  You can study further related courses that will open the door to new and exciting opportunities and enhance your expertise in this subject, and add this as a skillset on your resume. Your skills will be recognized by leading employers and top organisations that will enable you to land a generous-paying job, plenty of benefits and a wide array of opportunities. Given below are job titles you can compete for, along with the average UK salary per annum according to https://www.glassdoor.com

  • Life Insurance Agent £49K
  • Life insurance case manager £41K
Course Curriculum Total Units : 7
1. Life Insurance and Life Annuities
Life insurance and life annuities
2. Mortality Models and Life Tables
Mortality models and life tables
3. Premiums for Life Annuities
Premiums for life annuities
4. Premiums for Life Insurance
Premiums for life insurance
Mock Exam
Mock Exam : Life Insurance – Level 3
Final Exam
Final Exam : Life Insurance – Level 3
Certificate Download Guide
Certificate Download Guide
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