Insurance
Objective.
Learn how to assess your life insurance needs. Understand the features of the various types of life insurance policies — term, whole life, endowment and investment-linked. Learn about Direct Purchase Insurance (DPI) and how to compare and select life insurance products, and how to deal with agents.
Course Outline
- Understanding term, whole life, endowment and investment-linked products
- Different types of products to meet financial goals
- Reviewing your insurance needs, including short-term insurance
- Understanding your insurance documents
- Selecting a suitable insurance product
- Considerations when meeting your financial adviser and knowing your rights
Who Should Attend. Those who want to understand the types of life insurance products and be able to make informed decisions when choosing suitable products for themselves.
Duration. 3 Hours
Objective.
Learn about the various types of health insurance policies and the meaning of common terms such as policy limits, exclusions and deductibles. Find out about the schemes that provide basic health insurance cover.
Course Outline
- Types of health insurance
- Understanding common terms used in health insurance contracts
- Assessing your health insurance needs
- Understanding the benefits of hospital plans and medical aid schemes
Who Should Attend. Those who want to understand basic health insurance and medical aid, including coverage for critical illness, hospital income and disability, and their features.
Duration. 3 Hours
Objective.
This workshop covers costs and care options for families with members who need long-term care. Also covered are funding sources such as government subsidies and long-term-care financing support schemes. Participants will also learn about Lasting Power of Attorney (LPA).
Course Outline
- Understanding what long-term care is
- Sources of support, subsidies and government insurance schemes
- Understanding what Lasting Power of Attorney (LPA) is
- Steps to preparing an LPA
Who Should Attend. Those who want to learn about long-term care, the costs involved, and the help that is available.
Duration. 3 Hours