Insurance Module

 NSE NCFM Insurance Module Certification Online Course by NIFM

In our increasingly complex and ever-changing financial world, insurance is a vital means of effectively managing risk, protecting assets, and promoting financial security for individuals, families and businesses. A thorough and practical understanding of insurance products, the principles that govern insurance, and the regulatory environment in which such products and activities are offered is crucial for anyone who wishes to succeed in the field of financial services.

The NSE NCFM Insurance Module Certification Course has been designed to give you an overall, thorough, and practical understanding of the Indian insurance industry. It will provide you with crucial knowledge - from understanding insurance concepts and types of insurance products to the basics of risk management, insurance contracts and the principles that underpin them. This course is ideal for those who want a career in insurance, finance students interested in improving their financial knowledge, and individuals seeking to make informed decisions about their own financial security.

Why Choose NIFM for This Course?

Making the right choice of institution for your academic pursuit of financial education is important, and there are a various reasons that NIFM may be the best option for you:  

Industry Name Recognition: NIFM is a well-known and trusted institution for financial education, offering quality, exam-based training for NISM, SEBI, and NSE Share Market certifications that have an established reputation for quality and capability in examination results.  

Expert Academic Staff: NIFM faculty and instructors are industry professionals who have great backgrounds in practical experience that can be taught to you in a simplified manner.   Everything that we teach you about insurance can easily be understood, regardless of your existing comprehension levels.

100% Self-Paced Learning: We also recognize you have a busy life outside of the course requirements too. Thus, we offer 100% recorded video lectures, allowing students the flexibility to learn at their pace in their own time, to fit their existing busy lifestyle.

Exam-based Training: All the course materials and knowledge is developed and delivered with the sole intention of making you capable of clearing the NSE, NCFM Insurance Module certification exam. We concentrate more on what is being tested and not on peripheral topics that may be examined on a certification exam.

Dedicated Support & Guidance: We care about your success! If you have any inquiries or challenges, our dedicated support team is available to assist you with questions, assistance registering for the certification exam and

Benefits of This Course

Exploring the NSE NCFM Insurance Module Certification Course opens up a plethora of possibilities which can improve your financial literacy personally as well as in theory at work. 

Financial Literacy Competence: You now become incredibly competent in all matters inside insurance as you have acquired the knowledge and that goes from the spectrum from theory to practice. 

Risk Management Competence: You will develop lots of skills, robust skills to identify, assess, and manage multiple financial risks for individual persons and businesses.

Expertise in Documentation Review: You will develop application you can critically consider several types of documents (insurance policies) (life, general, personal, liability), describe each policy's features and benefits and suitability.

Regulatory Compliance Knowledge: you will have a strong understanding of the Indian Insurance Regulating Acts, regulations of IRDAI.

Improved Decision Making in Financial Affairs: You will have discussed and been able to justify or make sound decisions not only around your own insurance needs but also those of your clients' needs.

Professional Development: as a paper qualification this is recognised and valued by the financial services sector as an anchor to register several other types of qualifications.

Credentials & Confidence: recognized by SEBI as an NCFM Certification with which to increase the credibility of your professional status against others in the financial market and your own confidence.

Career Opportunities

A certification in the NSE NCFM Insurance Module offers innumerable career opportunities in India's growing insurance and financial services sectors. This course is ideal for preparing to work in areas that include risk assessment, product understandings, and client advisory. Some career options to consider are: 

1. Insurance Agent/Advisor - Works directly with clients on their insurance needs and insurance policy selection. 

2. Insurance Broker - Represents clients seeking insurance coverage and finds the most suitable coverage for the client from various providers.

3. Underwriter - Evaluates the risk and determines the premiums on insurance policy offerings. 

4. Claims Manager/Executive - Processes the settlement of insurance claims.

5. Financial Planner/Wealth Manager - Work with clients to include insurance solutions in financial planning as part of the client's planning process.

6. Risk Manager - Work as a professional to identify risk in corporate settings and develop risk mitigation strategies for businesses. 

7. Compliance Officer - Regulate insurance standards of operations to ensure operations comply with regulations.

8. Operations/Back Office - Work in various functions of insurance companies (policy administration, customer service). 

9. Consultancy - Offer expert advice on insurance and risk management solutions to individuals and organizations. 

If you are looking to build a successful and fulfilling career in the important and growing insurance sector, the certification is an important endorsement that compliments your current qualifications.

What you will get?

Pre-recorded chapter vise videos - Yes (approx 5 hours)

Language:  HINDI

Book:  Yes (Ebooks in pdf format in English)

Mock test:  Yes (online mock test with approx 500 question answers) 

Certification: Certification from NIFM

Assesment Structure of Insurance Module:

Duration: 120 minutes

No. of questions: 60

Total Marks: 100

Marks per question: 1-2

Passing score: 60%

Negative Marking: Yes (25%)

NIFM Certificate validity: Life time

Faculty: Mr. Ram Kumar Gupta

This complete online module has been prepared to give you a thorough understanding of the Indian insurance sector. It includes fundamental ideas about insurance, types of policies, basic principles of risk management, the complexities of insurance contracts, and the regulatory environment. It is suited for people aiming for a career in insurance; students of finance; or anyone wanting to develop their financial knowledge. It gives you the theory and practical knowledge. Once complete, you should be ready to successfully complete the NSE NCFM Insurance Module certification exam, and demonstrate your knowledge of this important financial sector.

Computer, Laptop, ipad, tab or mobile phone required with broadband or 4G internet.

Students

Investors

Financial planners

Finance Professionals

Insurance Distributors & Agents

People working in Banks, Broking houses, Financial Insitutions

Anybody having interest in the Insurance Industry