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DIPM1 Diploma

Diploma In Insurance Module 1

Diploma In Insurance Module 1 (DIPM1) is a 1-year diploma course in COI, studied online, examined by COI. The full fee is KES 98,000.

Overview

DIPLOMA IN INSURANCE MODULE 1

Course overview

The diploma in insurance module 1 offered at FINSTOCK EVARSITY COLLEGE is a 12 months online program examined by COI. A certificate of completion is offered upon completion of the course.

Diploma in insurance Course is designed to equip the trainee with knowledge, skills and attitudes that will enable the trainee to manage insurance functions effectively. The technical and specialization units in the programme are designed to make the trainee acquire a wide range of skills in insurance practice. A graduate of this course will be able to work in either formal or self-employment.

The Diploma in Insurance consists of three (3) Modules on course work and a compulsory Industrial Attachment after Module II. Module III has three compulsory units and four other optional areas from which a candidate is expected to choose one. The candidate is expected to take three units from the selected option.

The diploma in insurance module 1 covers the following papers:

Paper 1: introduction to insurance

Paper 2: principles and practices of insurance

Paper 3: legal aspects of insurance

Paper 4: communication

Paper 5: information communication technology

Paper 6: financial accounting

What is the minimum grade required to do a diploma in insurance?

In order to enroll and study a diploma in insurance, a student should have the following entry requirements:

  1. a) KCSE Mean Grade C- (Minus) or

  2. b) Passed Craft Certificate in Insurance or

  3. c) Equivalent qualifications as determined by College of Insurance.

Mode of Delivery

Home and/or office-based media employing a variety of self-instructional electronic and online self-study materials, such as; written self-instructional study modules, online interactive devices and self-tests, cloud-based content, videos of lectures mediated technical learning materials e.g., audiovisual and e-learning materials

 

Program goals

Upon completion of the course the student should be able to:

  • Review the end to end procurement management process

  • Know about the role of a procurement department in your company and in your project

  • Understand the different contract types, their objectives and legal implications

  • Develop evaluation criteria to select the best partner

  • Understand the role of contract administration making sure the contractor delivers.

Career opportunities

  • Claims Representative

  • Processor

  • Claims Adjuster

  • Claims Resolution Specialist

  • Risk Analyst

  • Insurance Analyst

  • Loss Control Representative

  • Risk Consultant

Reasons you should study this course

The CoI Diploma in Insurance is an internationally-recognised technical and supervisory qualification developing essential knowledge and capability for individuals in the insurance market. It is relevant for both insurance practitioners or individuals requiring deep knowledge of insurance practice as part of their overall responsibilities.

Completion of the Diploma provides a platform to support effective job performance and long-term career success.

In addition to being a valuable qualification in its own right, the Diploma is also a stepping stone to completion of the CoI Advanced Diploma in Insurance, the COI's premier insurance qualification, and  Chartered status. The Diploma provides almost half of credits required to complete the Advanced Diploma.

What we offer

Finstock Evarsity College offers a wide range of courses that are geared towards job creation as well as employment. Our courses and product offerings are categorized as online college based, degree programs, freemium courses and premium resources

Both freemium and premium online courses come with certificates of completion and you can register instantly and begin studying at your convenience.

Enroll and study in one of the best online schools in the world. Listen to the advice of the best. Participate in training sessions with industry experts to learn more about your career options. Take classes with students from all over the world. Join us at Finstock Evarsity College for the best learning experience.

Tags

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What you will study

CODE UNITS  TUITION  EXAMS
DIP-101  Introduction to Insurance 7,000  
DIP-102  Principles and Practice of Insurance  7,000  
DIP-103  Legal Aspects of Insurance 8,000  
DIP-104  Communication 7,000  
DIP-105  Information Communication Technology 7,000  
DIP-106  Financial Accounting 7,000  
DIP-107  Life Skills       6,000  
           
           
  1. DIP-101 INTRODUCTION TO INSURANCE
  2. DIP-102 Principle And Practice Of Insurance
  3. DIP-103 Legal Aspect Of Insurance
  4. DIP-104 Communication
  5. DIP-105 Information Communication Technology
  6. DIP-106 Financial Accounting
  7. DIP-107 Life Skills

Fees

ItemAmount
RegistrationKES 1,000
AdministrationKES 5,000
Internal examsKES 15,000
TuitionKES 77,000
TotalKES 98,000

Paying in instalments

All fees are payable in a lump sum or in instalments. The course runs over 3 trimesters, and each trimester's fee can be paid in 3 instalments.

TrimesterTotal per trimester
Trimester 1KES 32,666.67 ($ 326.67)
Trimester 2KES 32,666.67 ($ 326.67)
Trimester 3KES 32,666.67 ($ 326.67)
TotalKES 98,000 ($ 980)

The trimester fee of KES 32,666.67 ($ 326.67) is payable in 3 instalments of KES 10,888.89 ($ 108.89).

Requirements

Entry requirements

Entry Requirements:
a) KCSE Mean Grade C- (Minus) or
b) Passed Craft Certificate in Insurance or
c) Equivalent qualifications as determined by College of Insurance.

Practical requirements

The cost of practicals, internships or industrial requirements is KES 30,000 ($ 300) and only applies to courses that require practicals.

Good to know

  • All Fees are payable in installements, for details check FAQs.
  • Digital (downloadable) certificates are available. Printing and shipping of hardcopy certificate can be done at a cost of KES 2,000 ($ 20).

Instructors

  • PAULA KALUU WAMBUA
  • BENSON HURIA KARUMBA
  • MOSES RAPHAEL OGOLA
  • JAMES MBURU KIMANI
  • FIONA KANINI MALONZA

Reviews

4.5 2 reviews
  • 5 stars50%
  • 4 stars50%
  • 3 stars0%
  • 2 stars0%
  • 1 star0%
  • JACOB MUENDO PAUL
    Kenya ·

    Rated 4 out of 5

    Taking  Diploma in Insurance Course was one of the best decisions I’ve made for my career. The course was very affordable compared to others I checked out, and the lessons offered real value for money. The tutors were always quick to respond whenever I needed help, and their feedback made complex topics much easier to understand. I finished feeling fully equipped to step into the insurance industry with confidence.

  • VICTOR OMONDI OKUMU
    Kenya ·

    Rated 5 out of 5

    Great course

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