TAP> Standard insurance cover in terms SASRIA

Course Purpose

Analysing the cover provided by SASRIA involves assessing its protection against general exceptions in short-term insurance policies. Identifying SASRIA’s territorial limits, describing the terms and conditions of SASRIA coupons/policies, and applying SASRIA rates to short-term insurance policies are essential steps in understanding and effectively utilising SASRIA insurance in the context of risk management.

What you’ll learn

This unit standard will be useful for learners in short-term insurance, intermediaries, insurers, reinsurers, underwriters and underwriting agents, claims assessors, attorneys and learners in the Ministry of Finance who give advice, arrange insurance, analyse risk exposure and settle claims. It deals with optional insurance cover that can be added to short-term insurance policies to cover riots, labour disturbances, lockouts, public disorder and acts of terrorism or violence. The qualifying learner is capable of explaining the origin of SASRIA insurance. Analysing the cover provided by SASRIA against the general exceptions in short-term insurance policies. Identifying SASRIA’s territorial limits. Describing the terms and conditions of the SASRIA coupons/policies. Applying SASRIA rates to short-term insurance policies.