Insurance

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. Insurance can have various effects on society through the way that it changes who bears the cost of losses and damage. On one hand it can increase fraud; on the other it can help societies and individuals prepare for catastrophes and mitigate the effects of catastrophes on both households and societies.

1

An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as an insured or as a policyholder

+

The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer’s promise to compensate the insured in the event of a covered loss

♦ CII Level 3 Award in Long Term Care Insurance
♦ CII Level 4 Certificate in Paraplanning
♦ Certificate of the seventh level in the specialization of insurance on the London market
♦ CII Level 4 Certificate in Investment Management Est
♦ CII Level 4 Certificate in Insurance (QCF)
♦ CII Level 4 Certificate in Securities Advice and Handling
♦ CII Level 3 Certificate in Investment Operations
♦ CII Level 3 in Retail Banking
♦ Level 4 Diploma in Insurance

♦ Certificate Level IV in Advanced Mortgage Advice
♦ CII Level 3 Certificate in Financial Services (QCF)
♦ CII Award Level 4 in Annuities Update
♦ Certificate of the seventh level in the specialization of the insurance market
♦ CII Award Level 2 in Foundations of Life and Pensions
♦ CII Level 3 certification in regulated financial services operations
♦ CII Level 3 Certificate in Financial Services
♦ Level 6 of Advanced Diploma in Insurance
♦ CII Level 4 Certificate in Pension Conversion Advice