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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Demonstrate knowledge and understanding of personal motor insurance 
SAQA US ID UNIT STANDARD TITLE
120005  Demonstrate knowledge and understanding of personal motor insurance 
ORIGINATOR
SGB Insurance and Investment 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard replaces: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
10368  Demonstrate knowledge and understanding of domestic motor insurance  Level 4  NQF Level 04  Complete 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for learners in short term or retail insurance. It will be useful for intermediaries, underwriters, claims and policy administrators, product developers and learners in service centres and retail motor outlets.

The qualifying learner is capable of:
  • Explaining motor insurance.
  • Explaining liability with regards to personal motor insurance.
  • Describing the additional benefits available under comprehensive cover.
  • Explaining additional cover that can be purchased to supplement comprehensive cover.
  • Explaining how a vehicle is valued for insurance purposes. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners should be competent in Communication and Mathematical Literacy at Level 3. 

    UNIT STANDARD RANGE 
    The typical scope of this Unit Standard is:
  • Forms of cover include, but are not limited to, comprehensive, third party and third party fire and theft.
  • Motor vehicles include caravans, trailers, motor cycles.
  • Types of use include private, professional and social.
  • Cover provided under liability includes death, injury, damage to property and cost of litigation.
  • Factors that affect liability include, but are not limited to, carrying passengers in an open vehicle, motor cycles and towing trailers and caravans, and use of the vehicle. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Explain motor insurance. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Types of vehicles that can be insured under a personal motor policy are indicated with reference to the maximum mass and use of the vehicle. 

    ASSESSMENT CRITERION 2 
    A selected policy wording is analysed to determine the cover. 

    ASSESSMENT CRITERION 3 
    Different types of use covered by motor insurance are explained with reference to the license required for each. 

    ASSESSMENT CRITERION 4 
    The difference between a no claim bonus and a cash back bonus is explained with examples. 

    ASSESSMENT CRITERION 5 
    The effect of age and driving experience on a personal motor premium is explained with reference to discounts, loading and first amounts payable for five case studies. 

    ASSESSMENT CRITERION 6 
    The consequences of misrepresentation or non-disclosure on premium are explained with reference to rating area, principal driver, use of a vehicle and the place where a vehicle is kept at night. 

    ASSESSMENT CRITERION 7 
    The concept of territorial limits is explained with reference to the affect on cover. 

    ASSESSMENT CRITERION 8 
    Two different policies are compared in terms of cover. 

    SPECIFIC OUTCOME 2 
    Explain liability with regards to personal motor insurance. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The concept of liability is explained as it applies to motor insurance. 

    ASSESSMENT CRITERION 2 
    A policy document is analysed to determine the cover provided under liability insurance. 

    ASSESSMENT CRITERION 3 
    A policy document is analysed to determine factors that could affect the limit of indemnity and an indication is given of possible extended liability cover. 

    SPECIFIC OUTCOME 3 
    Describe the additional benefits available under comprehensive cover. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    A policy document is analysed to determine standard and optional additional benefits that are available under comprehensive insurance. 

    ASSESSMENT CRITERION 2 
    The cover provided by two different insurers is compared in terms of additional benefits. 

    ASSESSMENT CRITERION 3 
    An insurance proposal, policy document and policy schedule are analysed to determine factors influencing rating. 

    SPECIFIC OUTCOME 4 
    Explain additional cover that can be purchased to supplement comprehensive cover. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Shortfall cover is explained with examples. 

    ASSESSMENT CRITERION 2 
    Cover in the event of unintentional violation of a policy condition is investigated for two different insurers. 

    ASSESSMENT CRITERION 3 
    Optional add-on cover for motor vehicles is investigated for two different insurers. 

    SPECIFIC OUTCOME 5 
    Explain how a vehicle is valued for insurance purposes. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Different ways of determining the value of a vehicle are explained with examples. 

    ASSESSMENT CRITERION 2 
    The difference between trade, retail, market, insured and settlement value is explained with examples. 

    ASSESSMENT CRITERION 3 
    The retail value of a vehicle is explained in order to guide the client to determine the right value for insurance purposes. 

    ASSESSMENT CRITERION 4 
    Additional items that should be insured with a vehicle are identified for three case studies. 

    ASSESSMENT CRITERION 5 
    The consequences of giving incorrect advice are explained in terms of FAIS, Policyholder Protection Rules and Professional indemnity. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    This Unit Standard will be internally assessed by the provider and moderated by a moderator registered by a relevant accredited ETQA or an ETQA that has a Memorandum of Understanding with the relevant accredited ETQA. 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    N/A 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO COLLECTING 
    The learner is able to collect, organise and critically evaluate information in investigating additional benefits and comparing the benefits offered by two different insurers. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively in explaining the concepts indicated in this standard. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner is able to demonstrate an understanding of the world as a set of related systems by explaining the consequences of misrepresentation and non-disclosure. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    This unit standard replaces unit standard 10368, "Demonstrate knowledge and understanding of domestic motor insurance", Level 4, 3 credits. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  66610   Further Education and Training Certificate: Short Term Insurance  Level 4  NQF Level 04  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  66609   Further Education and Training Certificate: Retail Insurance  Level 4  NQF Level 04  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. African Resources & Financial Training (Pty) Ltd 
    2. Alcari Learning Centre (Pty) Ltd 
    3. BRC Solutions (Pty) Ltd 
    4. CKP Development Agency (Pty) Ltd. 
    5. De Vries Management & Training Services cc 
    6. EJW Financial Services (Pty) Ltd 
    7. Executive People Development Solutions (Pty) Ltd 
    8. Faisit (Pty) Ltd 
    9. Indwe Risk Services (Pty) Ltd 
    10. Intec College 
    11. Intelligo Solutions Pty (Ltd) 
    12. Invuya Institute of Learning (Pty) Ltd 
    13. Masifunde Training Centre (Pty) Ltd 
    14. Octomate (Pty) Ltd 
    15. Outsurance Insurance Company Ltd 
    16. Ripple Effect 4 (Pty) Ltd 
    17. RJM Educational Consulting PTY LTD 
    18. Santam Limited 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.