Santam Se perSoonlike poliS WerkSopDraG
Santam Se perSoonlike poliS WerkSopDraG
Santam Se perSoonlike poliS WerkSopDraG
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UNIT STANDARDS<br />
Unit standard title: Demonstrate knowledge and understanding of personal motor insurance<br />
Unit standard number: 120005<br />
NO. OUTCOME ASSESSMENT CRITERIA<br />
So1 explain motor insurance<br />
aC1<br />
types of vehicles that can be insured under a personal motor policy are<br />
indicated with reference to the maximum mass and use of the vehicle.<br />
aC2 a selected policy wording is analysed to determine the cover.<br />
aC3<br />
aC4<br />
aC5<br />
aC6<br />
aC7<br />
Different types of use covered by motor insurance are explained with<br />
reference to the license required for each<br />
the difference between a no claim bonus and a cash back bonus is explained<br />
with examples.<br />
the effect of age and driving experience on a personal motor premium is<br />
explained with reference to discounts, loading and first amounts payable for<br />
five case studies.<br />
the consequences of misrepresentation or non-disclosure on premium are<br />
explained with reference to rating area, principal driver, use of a vehicle and the<br />
place where a vehicle is kept at night.<br />
the concept of territorial limits is explained with reference to the affect on<br />
cover<br />
aC8 two different policies are compared in terms of cover.<br />
So2<br />
explain liability with regards to personal motor<br />
insurance.<br />
aC1 the concept of liability is explained as it applies to motor insurance.<br />
aC2<br />
aC3<br />
So3<br />
aC1<br />
aC2<br />
aC3<br />
So4<br />
Describe the additional benefits available under<br />
comprehensive cover.<br />
explain additional cover that can be purchased<br />
to supplement comprehensive cover.<br />
a policy document is analysed to determine the cover provided under liability<br />
insurance.<br />
a policy document is analysed to determine factors that could affect the limit<br />
of indemnity and an indication is given of possible extended liability cover.<br />
a policy document is analysed to determine standard and optional additional<br />
benefits that are available under comprehensive insurance.<br />
the cover provided by two different insurers is compared in terms of<br />
additional benefits.<br />
an insurance proposal, policy document and policy schedule are analysed to<br />
determine factors influencing rating.<br />
Kopiereg ©<strong>Santam</strong> Bpk. 2009 Kursuskode: ASSESS – SPP2<br />
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