Insurance Applications
Practical Insurance Planning – Module 1 (PIP1)
Overview
Learn intermediate insurance planning techniques that look into family situations and appropriate distribution options to consider.
Highlights
KEY CONCEPTS
Review insurable interest and ownership concepts, and learn how families can regenerate trust funds for future generations and charitable giving.
DISTRIBUTION OPTIONS
Proceeds may be distributed in a lump through estate, nomination or assignment. Use a trust to stagger proceeds and withhold in negative situations.
PLANNING SITUATIONS
Various family planning situations are examined to see which distribution option is suitable. Such as planning for blended families, special needs, divorce, forever singles and others.
Curriculum
- Review of Insurance Concepts
Insurable interest
Ownership - Distribution Options
Using estate
Using nomination
Using assignment
Using testamentary trust
Using living trust - Planning Situations
Blended family
Person with special needs
Divorce
Forever single
Course Fees
Online Training
*After 90% IBF Subsidy.
*Terms & conditions apply. Valid till 31 December 2021.
In-Person Training
*After 90% IBF Subsidy.
*Terms & conditions apply. Valid till 31 December 2021.
Course Duration
8 hours over 1 day or 2 half days.