FAK 2617 Life Insurance

FAK 2617 Life Insurance

Course code: 
FAK 2617
Department: 
Law and Governance
Credits: 
7.5
Course coordinator: 
Ina Due-Tønnessen
Product category: 
Executive
Portfolio: 
Course in Insurance
Semester: 
2018 Autumn
Active status: 
Active
Teaching language: 
Norwegian
Course type: 
One semester
Introduction

This course is meant especially for employees in the insurance industry who works with topics within personal insurance. The course constitutes a part of the authorization for insurance brokers, the authorization for insurance advisers and the authorization for personal insurance consultants.

Learning outcomes - Knowledge

This course aims to give the students knowledge of the laws and financing of the National Insurance. The students shall know the most important changes in the National Insurance and the laws of the “new” Contractual pension. They shall know why the companies risk evaluates their customers and why they perform financial risk management. They shall know the taxation of the different insurance's and know the central parts of the family, inheritance and insurance rules. They shall know what fraud means in connection with life insurance.
After this course the student shall have a wide overview over the most usual types of both individual insurance and group pension schemes, Workmen’s compensation insurance and Accident insurance, how they are constructed, how the insurance premium is estimated and what terms are concerned for this different types of insurance's.

Learning outcomes - Skills

After finishing this course, the students shall be able to give an account of the of rules for, and the changes in the National Insurance and “new” Contractual pension. They shall also be able to give an account for the laws and rules concerning the different types of insurance that is covered by curriculum. They shall be able to explain how profit is distributed and be able to explain the consequences of risk management.
They shall be able to consider the customers needs for security through individual concepts and different insurance solutions.

Learning Outcome - Reflection

The students shall work up a particular conscious attitude to laws and rules that relate to their profession, and be conscious that those choices they make and the advice's they give may have large impact on others.

Course content
  • Insurance
  • Contractual pension (AFP)
  • Insurance forms in individual endowment
  • Insurance forms individual pure insurance
  • Paid-up policies
  • Life Insurance Technique
  • The return of savings in insurance
  • Risk assessment
  • Tax Rules for individual life and pension insurance
  • Family, insurance and inheritance
  • Abuse and fraud in life insurance
  • Occupational injuries
  • Group life
  • accident
  • Health Insurance
  • Money Laundering
Learning process and requirements to students

Deltid
Undervisning med nettstudie og frivillige innsendingsoppgaver. Det gjennomføres intensivundervisning på samlinger (2+2 dager). Deltakelse på samlingene er frivillig.
 

Software tools
No specified computer-based tools are required.
Qualifications

Higher Education Entrance Qualification

Required prerequisite knowledge

In addition to the BI courses Introduction to Insurance and Introduction to Law I, this course requires basic knowledge of Norwegian financial activity, and of central legal provisions within this business sector.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
FAK 26171
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination when next scheduled course
100Yes5 Hour(s)
  • All printed and handwritten support materials
  • BI-approved exam calculator
  • Simple calculator
Individual A five-hour individual written examination concludes the course. If the examination is to be used for Authorization the candidate must at least obtain the grade C
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:100
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • All printed and handwritten support materials
  • BI-approved exam calculator
  • Simple calculator
Duration:5 Hour(s)
Comment:A five-hour individual written examination concludes the course. If the examination is to be used for Authorization the candidate must at least obtain the grade C
Exam code:FAK 26171
Grading scale:ECTS
Resit:Examination when next scheduled course
Exam organisation: 
Ordinary examination
Total weight: 
100
Workload activityDurationType of durationComment student effort
Teaching32Hour(s)
Prepare for teaching12Hour(s)
Self study94Hour(s)
Group work / Assignments17Hour(s)
Submission(s)40Hour(s)
Examination5Hour(s)
Expected student effort:
Workload activity:Teaching
Duration:32 Hour(s)
Comment:
Workload activity:Prepare for teaching
Duration:12 Hour(s)
Comment:
Workload activity:Self study
Duration:94 Hour(s)
Comment:
Workload activity:Group work / Assignments
Duration:17 Hour(s)
Comment:
Workload activity:Submission(s)
Duration:40 Hour(s)
Comment:
Workload activity:Examination
Duration:5 Hour(s)
Comment:
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.

Talis literature

Obligatorisk/Compulsory

Book
Authors/Editors År Tittel Edition Publisher StudentNote
Brekken, Gerd Mary; Handelshøyskolen BI 2016 Personforsikring: privat - bedrift 17. utg BI Forsikring Siste utgave.

No importance set

No type set
Authors/Editors År Tittel Edition Publisher StudentNote

Notes to students:

Lover, forskrifter og utdelt materiell