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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Apply technical knowledge and skill to assess an aviation risk 
SAQA US ID UNIT STANDARD TITLE
120111  Apply technical knowledge and skill to assess an aviation risk 
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 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

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 work in aviation insurance. It is useful for Intermediaries, Underwriters, Claims Assessors, Loss Adjusters, Attorneys and people in the aviation industry who handle in-house insurance.

The qualifying learner is capable of:
  • Analysing the risk in an aviation insurance proposal.
  • Gathering information to present the risk.
  • Proposing a solution to manage an aviation risk.
  • Negotiating terms and conditions.
  • Processing a claim. 

  • 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:
  • Factors that could affect the risk in an aircraft policy include, but are not limited to, geopolitical, climatic, people related, experience, type, age and maintenance of the aircraft.
  • Factors that could affect the risk in a premises liability policy include, but are not limited to, type of aircraft worked on, number of aircraft in hangers at any one time, experience of licensed engineer, workshop turnover and experience with different types of aircraft.
  • Other risks include, but are not limited to, war, breach of warranty, engine breakdown and personal accident.
  • Documents to present the risk relate to, but are not limited to parties, client, insurer and reinsurer. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Analyse the risk in an aviation insurance proposal. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The risks in an aircraft policy are analysed and an indication is given of factors that affect the severity of each risk. 

    ASSESSMENT CRITERION 2 
    The risks in a premises liability policy are analysed and an indication is given of factors that affect the severity of each risk. 

    ASSESSMENT CRITERION 3 
    The risks in three other types of aviation policy are analysed and an indication is given of factors that affect the severity of each risk. 

    SPECIFIC OUTCOME 2 
    Gather information to present the risk. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    A basic aviation policy is analysed to determine the cover. 

    ASSESSMENT CRITERION 2 
    The information in a specific proposal is analysed to determine the quantum and severity of the risk. 

    ASSESSMENT CRITERION 3 
    Additional information required to make an assessment decision is identified and sourced for a specific policy. 

    SPECIFIC OUTCOME 3 
    Propose a solution to manage an aviation risk. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The basic cover in an aviation policy is compared to the available information about the risk and appropriate restrictions and extensions are applied to create an insurable risk. 

    ASSESSMENT CRITERION 2 
    Documents are prepared to present the risk. 

    ASSESSMENT CRITERION 3 
    An appropriate insurance market is selected for a specific risk. 

    SPECIFIC OUTCOME 4 
    Negotiate terms and conditions. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    A proposal is presented to an insurer or reinsurer. 

    ASSESSMENT CRITERION 2 
    Knowledge of the current market is applied to determine possible terms and conditions. 

    ASSESSMENT CRITERION 3 
    Terms and conditions from two insurers or reinsurers are compared to determine the best quote in terms of price and scope. 

    ASSESSMENT CRITERION 4 
    The difference between an acceptable and unacceptable market is explained and an indication is given of how the acceptability of the market will affect negotiations. 

    ASSESSMENT CRITERION 5 
    A counter proposal is analysed to ensure that the cover is acceptable. 

    SPECIFIC OUTCOME 5 
    Process a claim. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The process for appointing a loss adjuster is explained with reference to industry best practice. 

    ASSESSMENT CRITERION 2 
    The reports of a loss adjuster are interpreted and a decision is made as to whether or not to accept liability. 

    ASSESSMENT CRITERION 3 
    Reasons why a claim may be repudiated are explained with examples. 

    ASSESSMENT CRITERION 4 
    The consequences if time bars are not strictly adhered to are explained from the point of view of the client, the intermediary and the insurer. 


    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 COLLECTING 
    The learner is able to collect, organise and critically evaluate information in gathering information to present a risk. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively in negotiating terms and conditions. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner is able to demonstrate an understanding of the world as a set of related systems by recognising the consequences if time bars are not strictly adhered to. 

    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  Reregistered  2021-06-30  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. Alcari Learning Centre (Pty) Ltd 
    2. CKP Development Agency (Pty) Ltd. 
    3. De Vries Management & Training Services cc 
    4. EJW Financial Services (Pty) Ltd 
    5. Faisit (Pty) Ltd 
    6. Intelligo Solutions Pty (Ltd) 
    7. Invuya Institute of Learning (Pty) Ltd 
    8. License to Skill cc 
    9. Masifunde Training Centre (Pty) Ltd 
    10. Octomate (Pty) Ltd 
    11. Outsurance Insurance Company Ltd 
    12. Ripple Effect 4 (Pty) Ltd 
    13. RJM Educational Consulting (Pty) Ltd 



    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.