Sales
9:00 AM – 5:00 PM | 1 & 2 July 2024 | 14 CPD Hours
Registration Deadline: 26 June 2024
Overview
Welcome to the “Fundamentals of Life Insurance and Product Development” program! This comprehensive learning initiative has been designed to provide participants with a solid understanding of key concepts related to life insurance products, the product development cycle, types of riders, and the structure of life insurance policy provisions contracts.
By the end of this program, participants will not only have a solid grasp of the basic concepts of life insurance but will also be well-versed in the intricacies of product development, types of riders, and the structure of life insurance policy provisions contracts. This knowledge will empower them to navigate the dynamic landscape of the life insurance industry with confidence and expertise.
Recommended For
- New entrants in the insurance companies / Takaful operators
- Newly recruited agents
Learning Format
- In-Person Training
Learning Outcome
- Understand the basic concept of life insurance products and their purpose in financial planning.
- Explain the product development cycle, including the stages of design, pricing, underwriting, and distribution.
- Identify the types of riders that can be added to a life insurance policy to customize coverage.
- Describe the structure of life insurance policy provisions and contracts, including key terms and conditions.
Programme Structure
Day 1
|
| Day 2
Definition of Basic Plans
List of Basic Plan
Definition of Riders
Standard Policy Provision
|
Dates
Fees
Early Bird (Member)
Single: RM980 | USD230
Register before 17 June 2024
Early Bird (Non-Member)
Single: RM1,080 | USD250
Register before 17 June 2024
Normal Fee (Member)
Single: RM1,080 | USD250
Group of 3: RM930 | USD218
Normal Fee (Non-Member)
Single: RM1,180 | USD272
Group of 3: RM1,030 | USD240
*Fees inclusive of 8% SST (Malaysia Sales and Service Tax)
Meet The Expert
| LAU GAK HOW (ELWIN) B.Sc (Hons) (UK), MFP(Aust), ANZIIF(Senior Assoc), ChFC, CFP, RFP and Shariah RFP |
 |
Elwin has been actively involved in insurance industry for more than 25 years. He has held various positions as Manager of Underwriting, Branch Head and Head of Operations and Customers Service. He holds a Bachelor of Science (Honours) and a Master in Financial Planning. He is also a Senior Associate of The Australian Insurance Institute and New Zealand Institute of Insurance and Finance (ANZIIF).
He currently provides financial planning consultancy to both individual and business owners in the financial services industry. He serves as Treasurer of the Malaysia Financial Planners & Advisers Association.
He also conducts regular trainings in technical insurance with The Malaysian Insurance Institute (MII) and various other institutions in financial planning for professional examination. He is a certified trainer for MII, RFP programmes and CFP programmes.
Elwin is a Chartered Financial Consultant (ChFC), a Certified Financial Planner (CFP), Registered Financial Planner (RFP) and Shariah Registered Finnancial Planner (Shariah RFP).
Additional Information
REGISTRATION POLICY
- Registration can be done via online at www.mii4u.org/ilms/user/login
- As the maximum intake is limited to 25 pax per course, registration will be based on first come first basis.
- MII practices a ‘no-credit’ policy. As such, all companies and individuals are required to make payment before the commencement of the course.
- MII reserves the right to reschedule, change the trainer, modify the course content or cancel the course due to unforeseen circumstances without prior notice.
- Contact person or participants will be notified through the email or phone on the status of the programme
- Any Cancellation after the closing date is not allowed.
Important Notice
In regards to Personal Data Protection Act 2010 (“the Act”), pleased note that your personal data is used, stored, disclosed and processed by MII solely for the Purpose of registering training courses and/or in connection to other MII products or services. Your personal information may also be disclosed or transferred to relevant third party i.e to the industry related associations, industry related companies, government agencies and any of their respective agents. Any inquiries or complaints with respect to your personal information may also be channeled to MII bysubmitting such request to MII via post, email (customercare@mii.org.my).