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

Manage the risk in an agricultural entity 
SAQA US ID UNIT STANDARD TITLE
120131  Manage the risk in an agricultural entity 
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  3 
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 is intended for intermediaries, underwriters, claims assessors, risk managers and intermediaries who sell agricultural insurance.

The qualifying learner is capable of:
  • Researching factors that contribute to agricultural risk.
  • Analysing the risks in a specific agricultural entity.
  • Quantifying the risk in a specific agricultural entity.
  • Proposing a solution to manage the risk. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in Communication and Mathematical Literacy at Level 3. 

    UNIT STANDARD RANGE 
    The typical scope of this Unit Standard is:
  • Management of agricultural risk.
  • Farm units include, but are not limited to, regional choice, fruit, crop and livestock.
  • Environmental risks include different types of grazing and alien or poisonous plants. 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Research factors that contribute to agricultural risk. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Different farm units are researched with reference to types of farms and the related activities of each. 

    ASSESSMENT CRITERION 2 
    The activities on each type of farm are categorised and compared in terms of risk. 

    ASSESSMENT CRITERION 3 
    Environmental risks are identified for a selected region. 

    SPECIFIC OUTCOME 2 
    Analyse the risks in a specific agricultural entity. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    A sketch map of a farm is drawn to record spatial relationships. 

    ASSESSMENT CRITERION 2 
    The risks of a specific agricultural entity are described and recorded to inform the management of the risk. 

    SPECIFIC OUTCOME 3 
    Quantify the risk in a specific agricultural situation. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The risks in a specific agricultural entity are quantified in terms of high, medium and low risk. 

    ASSESSMENT CRITERION 2 
    Seasonal exposure is quantified for a specific entity. 

    ASSESSMENT CRITERION 3 
    The loss history of an entity is investigated to determine previous risk management practices. 

    SPECIFIC OUTCOME 4 
    Propose a solution to manage the risk. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    A solution is proposed and substantiated to minimise the risk for a specific entity. 

    ASSESSMENT CRITERION 2 
    Conditions under which the risk in an agricultural entity could be insured are explained with examples. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Anyone assessing a candidate against this Unit Standard must be registered as an assessor with the relevant ETQA or ETQA where a Memorandum of Understanding (MOU) exists with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this Unit Standard must be accredited as a provider through the relevant ETQA or ETQA where a Memorandum of Understanding (MOU) exists with the relevant ETQA.
  • Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines and the agreed ETQA procedures. 
    		•

    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 IDENTIFYING 
    Learners are capable of identifying and solving problems in which responses show that responsible decisions using critical thinking have been made in proposing a solution to minimise risk. 

    UNIT STANDARD CCFO COLLECTING 
    Learners are capable of collecting, organising and critically evaluating information in researching and reporting risks in an agricultural entity. 

    UNIT STANDARD CCFO COMMUNICATING 
    Learners are capable of communicating effectively in researching and reporting the risks in an agricultural entity. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Learners are capable of seeing the world as a set of related systems in relating losses to risk management of an entity. 

    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  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.