Undergraduate & honours qualifications

Higher Certificate in Insurance

Qualification code: 90013
NQF level: 5
Total credits: 120
SAQA ID: 93999
APS/AS: 15
Rules:
Students who have already passed MNM1502 in this qualification will retain the credit and will not be required to complete BNU1501. Students should note that during the course of their studies they would be required to have access to a computer, printer and the internet.
Purpose statement:
The typical learner who will enrol for this Higher Certificate will either be employed by short term insurance companies and insurance brokers. This course will specifically fulfil the Insurance Institutes' requirement for membership on a general membership level. Learners not presently employed in the insurance industry, but who may want to obtain the credits attached to the Higher Certificate in order to obtain employment in the insurance industry will also benefit to enrol for the qualification. The Higher Certificate enhances the employability of learners in the sense that the successful completion of the certificate enables them to become short-term insurance practitioners with a good introductory understanding of the legal framework within which short-term insurance business is conducted, commercial insurance products and practice, transportation insurance and risk management. In addition, all intermediaries in the insurance industry who offer 'advice' on products need to be in possession of suitable academic qualifications and this Higher Certificate is in line with part of such requirements.
This qualification will be presented using both online and distance learning modes.
Qualification offered until 2023, and ONLY for students previously registered for this qualification.

Who can register?

  • Applicants (new applicants & Unisa students who applied for admission to a new qualification) may only register if they have received an offer of placement from Unisa and have accepted the offer online. Unisa reserves the right to not process and / or to cancel your registration if it is found that you were incorrectly admitted to a qualification. 
  • Re-registering students may register for the 2023 academic year once the registration period opens.


Please note: Should you wish to start a new qualification, please apply online for the alternative qualification during the prescribed application period.


How to choose your modules

Each Unisa qualification is structured in such a way that you need to pass a certain number of NQF level credits within a certain amount of time in order to graduate.

  • Co-requisite: Module A is a co-requisite for Module B. You want to register for Module B, but have not yet passed Module A. You must then register for both Modules A and B simultaneously. You may NOT cancel your registration for Module A unless Module B is also cancelled.

  • Pre-requisite: If Module A is a pre-requisite for Module B, you must pass Module A before you may register for Module B.

You may not register for more than the allowed maximum number of credits / modules per academic year and / or semester: 60 credits per semester or 120 credits per academic year.

The maximum number of credits do not include supplementary and / or aegrotat examinations from a previous semester. Modules taken for non-degree / non-diploma purposes also count towards the maximum number of credits allowed.

You must take your available time into consideration when choosing your modules, as this will impact your academic performance. You need approximately

  • 6 to 8 hours per week for semester modules.
  • 4 to 6 hours per week for year modules.

Click here for more information on managing your studies.

Curriculum for this qualification

As you are deciding on the modules you will be registering for, remember to write down the module names and codes so that you have something that you can refer to when completing your registration.

Please click on the modules below to see further information

First level

Module (Please click on the module to see further information) Pre-requisite/Co-requisite/Recommendation
Group A. Compulsory
BNU1501 - Basic Numeracy
CLA1503 - Commercial Law IC
FAC1501 - Introductory Financial Accounting
ISR1501 - Personal Insurance Products and Practice
ISR1502 - Commercial Insurance Products and Practice
ISR1503 - Claims Management
ISR1504 - Risk Management and Insurance
ISR1505 - Principles of Life Insurance
MNB1501 - Business Management IA
SUS1501 - Sustainability and Greed