KES 101,745
FRBI
Certificate
Foundation In Insurance
Foundation In Insurance (FRBI) is a 1-month certificate course in Risk and Fraud Management, studied online, examined by Finstock Evarsity College. The full fee is KES 15,000. Finstock Evarsity College is a TVETA-accredited college in Nairobi, Kenya. The fee can be paid in a lump sum or in 3 instalments of KES 5,000.
4.3 (3 reviews) out of 5. Read the reviews.
91 learners enrolled
Overview
Course overview
The Certificate in Foundation in Insurance Course offered at Finstock Evarsity College is a 1 month online program examined by Finstock Evarsity College. A certificate of completion is issued upon completion of the course.
This is the first introductory course in Insurance. It aims to provide students with the fundamental knowledge of insurance, including the economic theory of insurance, insurance classification scheme, the insurance environment of insurance. The course is designed to equip the trainee with knowledge; skills and attitudes that will enable him/her promote, sell insurance products and provide other insurance services. A graduate of this course will be able to work in either formal or self-employment.
It provides a grounding in basic general insurance principles including the regulatory environment, key disciplines of underwriting and claims, in addition to popular products such as motor, household, healthcare and packaged commercial insurances.
What is the minimum grade required to do a certificate in insurance?
In order to enroll and study in certificate in insurance, a student should have a minimum of C- in their KCSE exams OR a relevant degree, diploma or certificate
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
On completion of this course, students are expected to:
- Understand the basic functions and the underlining economic and legal principles of Insurance.
- Understand the basic operations of an insurance company and the Insurance industry.
- Understand the basic structure and related issues of a generic.
- Insurance contract, understand the responsibilities and code of conduct of agents and brokers.
- Be aware of insurance classification schemes, insurance-related qualifications and regulations
- Be aware of the information problems of insurance.
- Provision and hence the need for social insurance programs.
- Be able to apply their knowledge on the insurance-related legal principles to simple Cases.
- Understand the important implications of cost-control provisions in an insurance.
- Contract, namely, deductibles, coinsurance, and limits, and other simple insurance Clauses.
Reasons to study this course
- A recognized certificate that will enable one to obtain employment.
- An additional source of income for those already engaged in other trades.
- Increased knowledge and understanding of insurance.
- An opportunity to meet other Kenyans and share experiences.
- Become an insurance professional.
Career opportunities
- Insurance officer
- Insurance broker
- Insurance analyst
- Financial adviser
- apprenticeship
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
Foundation in insurance Course, best online courses in Kenya, Finstock Evarsity college, Online courses, accredited online courses, online course with downloadable certificates, freemium courses, short courses, professional development courses, Diploma and Certificate Courses, Marketable online courses, affordable online courses, short online courses with certificate in Kenya, free short online courses with certificate in Kenya, free online courses in Kenya, online certificate courses in Kenya, diploma in Baking Technology in Kenya, colleges offering Certificate in insurance Course, Certificate in insurance Course.
Quick answers
How much does Foundation In Insurance cost?
The full fee for Foundation In Insurance at Finstock Evarsity College is KES 15,000, made up of registration (KES 1,000) and tuition (KES 14,000).
Can I pay for Foundation In Insurance in instalments?
Yes. You can pay the KES 15,000 fee for Foundation In Insurance in a lump sum or in 3 instalments of KES 5,000.
How long does Foundation In Insurance take?
Foundation In Insurance takes 1 month.
Can I study Foundation In Insurance online?
Yes. Foundation In Insurance is studied online, so you can take it from anywhere.
What qualification do I get from Foundation In Insurance?
Foundation In Insurance is a certificate course examined and awarded by Finstock Evarsity College: learners who complete it receive a Finstock Evarsity College certificate.
When can I start Foundation In Insurance?
The main intakes are in January, April and September, but there is no fixed deadline: you can start as soon as you have enrolled.
Course details last updated .
What you will study
- FRBI001 Foundation In Insurance
Fees
| Item | Amount |
|---|---|
| Registration | KES 1,000 |
| Tuition | KES 14,000 |
| Total | KES 15,000 |
Paying in instalments
All fees are payable in a lump sum or in instalments. The course runs over one trimester, and each trimester's fee can be paid in 3 instalments.
| Trimester | Total per trimester |
|---|---|
| Trimester 1 | KES 15,000 ($ 150) |
| Total | KES 15,000 ($ 150) |
The trimester fee of KES 15,000 ($ 150) is payable in 3 instalments of KES 5,000 ($ 50).
Requirements
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
- JAMES MBURU KIMANI
- THOMAS ADOYO LITEWO
Frequently asked questions
Insurance is an arrangement that provides financial protection against specified risks.
It helps individuals and organisations manage the financial effects of unexpected events.
An insurance policy is a contract that describes the coverage, terms and conditions of insurance.
An insurance premium is the amount paid for insurance coverage.
An insurance claim is a formal request for compensation under an insurance policy.
Risk in Insurance refers to the possibility of an event causing a financial loss.
Common types include life, health, motor, property and business insurance.
Underwriting involves assessing risk to determine whether and under what terms insurance should be provided.
Students, insurance employees, business owners and interested learners can benefit.
Learners can develop knowledge of insurance principles, policies, claims and risk.
Reviews
-
DAVID KAMAU WAIRIMU
Kenya ·Rated 5 out of 5
I want to express my gratitude to Vivian, My course instructor, for her exceptional dedication in helping me succeed in the course. I especially appreciate her willingness to go above and beyond, even offering support after hours at 11:47 PM. Thank you, Vivian, for your commitment!
-
ABBAS YUSUF
Kenya ·Rated 3 out of 5
Its okay
-
DONALD MAKUNDE
Botswana ·Rated 5 out of 5
100 % Good
Related courses
KES 101,745
KES 101,745
Ready to start Foundation In Insurance?
Enrol online in a few minutes, or talk to an advisor about fees, intakes and payment plans.
