Group Life Insurance Administration

Group Life Insurance is the protection against the loss of income that would result if the insured dies. In the event of a death, the named beneficiary or beneficiaries will have access to compensation. Generally, the beneficiaries are the families of the insured, however, they can also be partners or creditors.

CONTENT

• Continue to pay the mortgage on a house / property
• Ensure the economic stability of your children and/or spouse
• Maintain the family’s current living standards
• Pay debts and expenses
• Create a fund for education – college/university
• Areas of financial planning for individuals
• Term assurance
• Whole of life assurance
• Endowment assurance
• ‘With Profits’ and ‘Unit Linked’
• Annuities
• Current issues in the market

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.