Special Insurance Arrangements: Group Insurance, Reinsurance, and Annuities

Target Audience
Expected Duration
Lesson Objectives
Course Number

Insurance companies contribute to the economic growth of countries, businesses, and individuals and help improve the economic climate. Special insurance arrangements such as group insurance, reinsurance, and annuities cater to the special requirements of a variety of customers, with group benefits providing life and health insurance as employee benefits, reinsurance providing protection for insurance companies against risk, and annuities providing periodic payments over a specified period of time. This course presents a high level view of group insurance and pension plans, reinsurance, and annuities.

Target Audience
Financial services professionals, consultants, and sales professionals interested in providing or selling products and services to insurance companies and banks, and everyone interested in knowing about insurance products, processes, and practices

Expected Duration (hours)

Lesson Objectives

Special Insurance Arrangements: Group Insurance, Reinsurance, and Annuities

  • recognize basic concepts of group insurance
  • identify types of group life insurance
  • distinguish basic types of pension plans
  • select benefits and options of pension plans
  • identify concepts of group insurance and pension plans
  • recognize factors of reinsurance
  • identify risks and motivations of reinsurance
  • select types of reinsurance
  • identify annuities concepts
  • describe annuities classifications
  • recognize characteristics of reinsurance and annuities
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