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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: |
Demonstrate knowledge and understanding of transportation insurance |
SAQA US ID | UNIT STANDARD TITLE | |||
120009 | Demonstrate knowledge and understanding of transportation 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 | 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 replaces: |
US ID | Unit Standard Title | Pre-2009 NQF Level | NQF Level | Credits | Replacement Status |
10365 | Describe transportation insurance | Level 4 | NQF Level 04 | 2 |
PURPOSE OF THE UNIT STANDARD |
This Unit Standard provides an introduction to transportation insurance. It is intended for learners in Short Term commercial and retail insurance.
The qualifying learner is capable of: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
Learners should be competent in Communication and Mathematical Literacy at NQF Level 3. |
UNIT STANDARD RANGE |
The typical scope of this Unit Standard is:
|
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Explain transportation insurance. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Transportation insurance is explained in terms of the carriage of cargo. |
ASSESSMENT CRITERION 2 |
The concept of liability is explained with examples. |
ASSESSMENT CRITERION 3 |
The roles of intermediaries in transportation insurance are explained with reference to a logistics chain. |
ASSESSMENT CRITERION 4 |
The current Incoterms associated with transportation insurance are explained with examples. |
ASSESSMENT CRITERION 5 |
The concepts of general average and marine salvage are explained for a specific scenario. |
SPECIFIC OUTCOME 2 |
Identify the different products that a transportation insurance company offers. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Three different classes of transportation insurance are named with examples. |
ASSESSMENT CRITERION 2 |
Three different types of liability insurance are named with examples. |
ASSESSMENT CRITERION 3 |
A cargo policy is analysed in terms of transit and storage of cargo. |
ASSESSMENT CRITERION 4 |
The risk attached to each transportation insurance product is indicated based on the Institute Cargo Clauses. |
SPECIFIC OUTCOME 3 |
Analyse the role of transportation insurance in international trade. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The concept of trade is explained with reference to South African imports and exports. |
ASSESSMENT CRITERION 2 |
The concept of international trade is explained with reference to goods and raw materials and South Africa's main trade partners. |
ASSESSMENT CRITERION 3 |
The major trade routes are identified on a map and an indication is given of mode of transport, raw materials and manufactured goods that are transported along each route. |
ASSESSMENT CRITERION 4 |
The ports and facilities along major trade routes are indicated graphically. |
SPECIFIC OUTCOME 4 |
Identify events in the news that could impact on goods that are in transit. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Climate patterns and weather phenomena that can affect goods that are in transit are explained with reference to recent examples. |
ASSESSMENT CRITERION 2 |
Geological events and incidents in the physical environment that can affect goods that are in transit are explained with reference to recent examples. |
ASSESSMENT CRITERION 3 |
Examples of modern forms of piracy are identified and explained as a hazard in transportation insurance and examples are given of recent incidents of piracy. |
ASSESSMENT CRITERION 4 |
Conditions in ports that impact on the theft of containers and goods are identified and related to events in the socio-economic environment. |
ASSESSMENT CRITERION 5 |
The effect of political risk on trade is explained with reference to recent examples. |
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 can collect, organise and evaluate information by identifying events that could impact on goods that are in transit and locating the major trade routes on a map. |
UNIT STANDARD CCFO COMMUNICATING |
The learner can communicate effectively by explaining the concepts of indicated in the Unit Standard. |
UNIT STANDARD CCFO DEMONSTRATING |
The learner can demonstrate an understanding of the world as a set of related systems by recognising that problem solving contexts do not exist in isolation by identifying the effect of political risk on trade. |
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 10365, " Describe transportation insurance", Level 4, 2 credits. |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Elective | 59365 | National Certificate: Freight Forwarding and Customs Compliance | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | TETA |
Elective | 59298 | Further Education and Training Certificate: Freight Forwarding and Customs Compliance | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | TETA |
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. |
1. | Aldabri 106 Institute for Quality Pty Ltd |
2. | AUK MARINE AND MINING |
3. | BPL Academy |
4. | Centre for Logistics Excellence (Pty) Ltd |
5. | Circleway College |
6. | Clearline Consulting Pty Ltd |
7. | DB Schenker Logistics Campus MEA Pty Ltd |
8. | Dee-Bravo Training Centre |
9. | Diversity technology Training Institute |
10. | Full Output |
11. | Global Maritime Legal Solutions Pty Ltd |
12. | Innovative Shared Services |
13. | KDS Centre for Skills Development and Training Pty Ltd |
14. | Learning Exchange Pty (Ltd) |
15. | Metro Minds |
16. | NOSA LOGISTICS PTY LTD |
17. | Ntshingila Group |
18. | Open Learning Group |
19. | P and R Development and Training (Pty) Ltd |
20. | Phephani Learnerships cc |
21. | Quantum Leap College Pty Ltd |
22. | Robertsons Cargo Consultancy |
23. | Robertsons Cargo Consultancy (Pty) Ltd |
24. | Royal Impression Academy |
25. | School of Shipping |
26. | Sobabini Group Pty Ltd |
27. | Training Consultant and SD College |
28. | Velile Supply Chain Consulting |
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. |