This is the framework for our insurance qualifications, detailing all units Insurance qualifications framework

by level of difficulty, from Award through to Advanced Diploma.

Award Certificate Diploma Advanced Diploma

Level 2 Level 3 Level 4 Level 6 Level 7 Study and
assessment key
Assessment methods
(FIT) Foundation (IF1) Insurance, legal (IF9) Customer service (M05) Insurance law (M94) Motor insurance (530) Economics (993) Advances
Insurance Test and regulatory in insurance and business in strategic risk vary depending on the
25 credits 25 credits
6 credits 15 credits 15 credits 120 study hours 100 study hours 30 credits management in unit’s level and subject
40 study hours 60 study hours 60 study hours 150 study hours insurance matter. Each unit has
50 credits been colour coded in
(M21) Commercial (M96) Liability
Non RQF 180 study hours
(IF2) General insurance (I10) Insurance broking insurance contract wording insurances (820) Advanced claims the framework to the
The following units are business fundamentals 20 credits 25 credits 30 credits
not registered as part (991) London market
left, to identify the
15 credits 15 credits 100 study hours 100 study hours 150 study hours
of the UK’s Regulation
60 study hours 60 study hours insurance specialisation assessment method
Qualification Framework 50 credits from the options below.
(RQF). (M66) Delegated authority (M97) Reinsurance (930) Advanced
(IF3) Insurance (I11) Introduction to 25 credits 30 credits insurance broking 180 study hours
(W01) Award in underwriting process5 risk management 100 study hours 120 study hours 30 credits Multiple choice question
General Insurance1, 3, 6 15 credits 15 credits 150 study hours (994) Insurance (MCQ) exam
60 study hours 60 study hours (M98) Marine hull and market specialisation Study is based on a specified
15 credits (M67) Fundamentals
50 study hours of risk management associated liabilities 50 credits enrolment period, from 01
(945) Marketing
(IF4) Insurance claims (LM1) London market 25 credits 30 credits insurance products 180 study hours January - 31 December for
(WH1) Award in handling process5 insurance essentials 100 study hours 100 study hours and services UK exams, and 01 May -
General Insurance 15 credits 10 credits 30 credits 30 April for non-UK exams.
(Hong Kong)2, 6 60 study hours 40 study hours 150 study hours MCQ exams are available
(M80) Underwriting weekly at UK and selected
15 credits practice (P61) Life, critical
50 study hours illness and disability international online exam
(IF5) Motor insurance (LM2) London market 20 credits (960) Advanced centres, or twice-yearly in
products insurance principles underwriting underwriting
80 study hours April and October at
(W04) Award in 15 credits and practices 30 credits 30 credits
Customer Service 80 study hours international paper-based
60 study hours 15 credits (M81) Insurance 150 study hours
in Insurance1, 6 exam centres.
60 study hours broking practice
15 credits (P62) Life, critical Written exam
(IF6) Household 20 credits (990) Insurance
50 study hours insurance products (LM3) London illness and disability corporate management Study is based on a 12
80 study hours claims
15 credits market underwriting 30 credits month enrolment period
principles 30 credits from the date of purchase.
60 study hours (M85) Claims practice 150 study hours
15 credits 120 study hours Written exams are held
20 credits
(IF7) Healthcare 60 study hours (992) Risk twice-yearly in April
80 study hours (P63) Long term and October at UK and
insurance products management
insurance business in insurance international exam centres.
15 credits (M86) Personal insurances 25 credits 30 credits
60 study hours 20 credits Mixed assessment
100 study hours 150 study hours
80 study hours Study is based on an 18
(IF8) Packaged month enrolment period
commercial insurances (P64) Private medical (995) Strategic
Notes (M90) Cargo and goods insurance practice from the date of purchase.
15 credits underwriting Candidates must pass a
in transit insurances 25 credits 30 credits
1. Available to non-UK 60 study hours coursework assignment
25 credits 100 study hours 150 study hours
candidates only within the first 6 months
100 study hours and a MCQ exam within 18
2. Available to candidates
in Hong Kong only (996) Strategic months.
(M91) Aviation and space claims management
3. Unit W01 is also available insurance 30 credits, Coursework assignments
in Arabic, (W02) Award 30 credits Study is based on a 12
150 study hours
in general insurance; and 120 study hours month enrolment period
in simplified Chinese, from the date of purchase.
(WM1) Award in (997) Advanced risk
(M92) Insurance Candidates must pass three
general insurance financing and transfer
business and finance written assignments, each
30 credits
4. Unit 590 is also available 25 credits, typically 2,000-3,000 words.
150 study hours
in Arabic, (595) 100 study hours
Principles of Takaful Dissertation
(590) Principles Study is based on an 18
5. International versions (M93) Commercial of Takaful4 month enrolment period
will be available early property & business 30 credits from the date of purchase.
2019 interruption insurances
120 study hours Candidates must submit
6. Remote invigilation 25 credits a dissertation, typically
available early 2019. 100 study hours 10,000-11,000 words, on
an agreed subject.

18 2019 qualifications 19