SAQA 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.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Explain aviation insurance 
SAQA US ID UNIT STANDARD TITLE
117130  Explain aviation 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 3  NQF Level 03  2 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

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 does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard intended for learners who deal with aviation insurance. It is an introduction to a highly specialised class of business in Short Term Insurance. The qualifying learner is capable of:
  • Explaining the main aviation risks.
  • Identifying the types of cover available for aviation risks.
  • Distinguishing between categories of aircraft.
  • Investigating the aviation insurance market. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    There is open access to this unit standard. Learners should be competent in Communication and Mathematical Literacy at Level 2. 

    UNIT STANDARD RANGE 
    The typical scope of this unit standard is:
  • The main categories of aircraft are heavier than air and lighter than air. 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Explain the main aviation risks. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The concept of material damage to an aircraft is explained with examples. 

    ASSESSMENT CRITERION 2 
    The difference between accidental damage and intentional damage is explained with examples. 

    ASSESSMENT CRITERION 3 
    The concept of liability is explained with examples. 

    ASSESSMENT CRITERION 4 
    People related risks covered by aviation insurance are explained with examples. 

    SPECIFIC OUTCOME 2 
    Identify the types of cover available for aviation risks. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Basic cover for material damage is explained with examples. 

    ASSESSMENT CRITERION 2 
    Basic cover for legal liability is explained with examples. 

    ASSESSMENT CRITERION 3 
    Basic cover for a person is explained with examples. 

    SPECIFIC OUTCOME 3 
    Distinguish between categories of aircraft. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The main categories of aircraft are identified with examples. 

    ASSESSMENT CRITERION 2 
    Aircraft are classified in terms of whether they are powered or none powered. 

    ASSESSMENT CRITERION 3 
    Aircraft are categorised as to whether they are fixed wing or rotary wing. 

    ASSESSMENT CRITERION 4 
    Reference sources are used to identify different aircraft. 

    SPECIFIC OUTCOME 4 
    Investigate the aviation insurance market. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The clients in the aviation market are identified and an indication is given of the type of cover required by each category of client. 

    ASSESSMENT CRITERION 2 
    The role of intermediaries in aviation insurance is explained with examples. 

    ASSESSMENT CRITERION 3 
    The main insurers in the market are identified with reference to the local and overseas markets. 

    ASSESSMENT CRITERION 4 
    The consequences of failing to ensure aviation risk are explained with reference to the catastrophic nature of aviation risk. 


    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 classifying aircraft into different categories or classes. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively in explaining the consequences of failing to insure aviation risk. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner is able to demonstrate an understanding of the world as a set of related systems by recognising the relationship between aviation risk and aviation cover. 

    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 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  49089   National Certificate: Financial Services  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  INSETA 
    Elective  66609   Further Education and Training Certificate: Retail Insurance  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  As per Learning Programmes recorded against this Qual 
    Elective  66610   Further Education and Training Certificate: Short Term Insurance  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2023-07-30  As per Learning Programmes recorded against this Qual 
    Elective  57613   Further Education and Training Certificate: Short-Term Risk Management  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2012-06-30  INSETA 


    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.
     
    NONE 


    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.