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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Apply technical knowledge and understanding of business motor insurance 
SAQA US ID UNIT STANDARD TITLE
120135  Apply technical knowledge and understanding of business motor 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 
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 is intended for learners who work with Short Term commercial insurance including intermediaries. It requires the ability to quote on a standard risk without referral.

The qualifying learner is capable of:
  • Differentiating between personal and commercial vehicle use.
  • Investigating the classes/types of vehicle that are insured under a business motor policy.
  • Applying different bases of quoting to a business motor policy.
  • Analysing the cover under a business motor policy. 

  • 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:
  • Quotes on a standard risk without referral.
  • COIDA and OHSA refer to the Compensation for Occupational Injuries and Diseases Act and the Occupational Health and Safety Act.
  • Drivers licenses and permits for drivers and vehicles. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Differentiate between personal and commercial vehicle use. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Circumstances under which a vehicle is classified as personal are identified with examples. 

    ASSESSMENT CRITERION 2 
    Circumstances under which a vehicle is classified as commercial are identified with examples. 

    ASSESSMENT CRITERION 3 
    Personal and commercial use of a vehicle is compared with reference to risk and premium. 

    SPECIFIC OUTCOME 2 
    Investigate the classes/types of vehicle that are insured under a business motor policy. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Different vehicles are classified according to the Road Ordinance and the licence required to drive each vehicle. 

    ASSESSMENT CRITERION 2 
    The risk associated with each class of vehicle is explained with examples. 

    ASSESSMENT CRITERION 3 
    Conditions under which a higher category of driver's license or permit is required for a selected vehicle are explained with reference to the consequences of non-compliance. 

    SPECIFIC OUTCOME 3 
    Apply different bases of quoting to a business motor policy. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The concept of agreed value of a vehicle is explained and an indication is given of the evidence required to agree a value. 

    ASSESSMENT CRITERION 2 
    Different bases for quoting on a business motor policy are explained with reference to the needs of the business and a specific insurer. 

    ASSESSMENT CRITERION 3 
    Methods of determining cover and premium are explained for a specific insurer. 

    ASSESSMENT CRITERION 4 
    The terms and conditions of a policy are explained to a client. 

    SPECIFIC OUTCOME 4 
    Analyse the cover under a business motor policy. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    A policy wording and schedule are analysed to determine the terms and conditions. 

    ASSESSMENT CRITERION 2 
    The exclusions and extensions in a policy are analysed and explained with reference to the benefit to the client and the specific industry. 

    ASSESSMENT CRITERION 3 
    The liability cover in a business motor policy is explained with reference to the cover under the policy and requirements of the Road Accident Fund, COIDA and OHSA. 


    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 
    The learner is able to Identify and solve problems in which responses show that responsible decisions using critical thinking have been made quoting on a standard risk without referral. 

    UNIT STANDARD CCFO ORGANISING 
    The learner is able to organise and manage him/herself and his/her activities responsibly and effectively in providing an efficient service to clients. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively in explaining the analysing the cover in a business motor policy. 

    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 
    14. Santam Limited 



    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.