- Subject: Management
- Fees: $100
- CPD: 1 Hour
- Prerequisites: Basic Accounting
- Advance preparation: None
- Course Level: Intermediate
- Delivery Method: E-Learning
- Language: English
Course description
This course is designed to equip students with the knowledge to make informed decisions on buying life insurance.
Buying Life Insurance
- Explain the defects in the traditional net cost method for determining the cost of life insurance
- Explain the interest-adjusted surrender cost index and net payment cost index for determining the cost of life insurance
- Explain the yearly rate-of-return method for determining the annual rate of return on the saving component in a life insurance policy
- Describe the seven rules to follow when purchasing life insurance
Assessment
This course is delivered in the Moodle Learning Management System (MLS), with access for a duration of 90 days from the date of enrollment. Instructional materials, including voice-over PowerPoint presentations, videos, and additional reading materials, are provided throughout the course.
Attendance/Participation — Full attendance is required to complete the E-Learning Activities course. Participation in ‘Thinking Break’ activities and exams serves as the elements for attendance. Each PowerPoint slide is set with a minimum viewing time before students can advance to the next slide. At each subsection of the slides, students are required to engage in ‘Thinking Break’ activities before proceeding to the next subsection. After completing all reading and viewing assignments, students must attain at least a grade of 70% on the exams to successfully complete the E-Learning course.
