Course Outline:

Course details:

Course name:

DroneBuddy Product Specific Training

Course owner:

BrokerBuddy

Accreditation details:

Accredited:

No

Accredited by:

-

This course is aligned with:

SAQA Title:

-

SAQA ID:

-

Type:

-

NQF Level:

-

Credits:

-

Course duration:

10 Notional hours

Purpose of the Course:

This course provides the product-specific knowledge required, as stipulated in the fit and proper requirements imposed by the FAIS Act and related legislation. 

The course is intended to provide the skill and knowledge required by representatives to provide services in respect of the DroneBuddy Insurance product, as imposed by the Fit & Proper requirements applicable to the Insurance Industry.

The course is aligned with the requirements for product-specific training, as stipulated in Board Notice 194 of 2017, and completion of the course will enable the learner to:

  1. Identify the product supplier and the providers of any underlying components of the product, including their good standing and regulatory status.
  2. Give particular disclosures, whether or not prescribed by legislation, applicable or relevant to the product, its underlying components and the product supplier.
  3. Explain the risks associated with purchasing the product and any underlying components of the product
  4. Explain the nature and features of any guarantees and the costs associated with them
  5. Explain the risks associated with particular investment concepts and strategies in respect of the product.
  6. Explain the level of liquidity of the products to its underlying components
  7. Explain the intended target market of the product and the outcomes it is intended to deliver for customers, including identifying customers or groups of customers for whom the product is not expected to be suitable.
  8. The expected outcomes that will be achieved for clients
  9. Explain the fee structure, charges and other costs associated with the product and their impact on the real return on benefits of the product.
  10. Explain the potential impact of abnormal or extreme market, economic or other relevant conditions on the performance of the product  
  11. Explain the accessibility of benefits or funds under the product and any restrictions or limitations on such accessibility 
  12. Explain the lock-in periods and relevant termination conditions, exit options and associated costs 
  13. Explain the nature and complexity of the financial product 
  14. Describe the specific characteristics, terms and features of the product 
  15. Identify complexities or material differences from the general characteristics, terms and features of the product 
  16. Explain the accessibility of benefits or funds under the product and any restrictions or limitations on such accessibility 
  17. Explain how the financial product and any underlying components of the product are structured and priced 
  18. Explain any investment options or strategies within the product 
  19. Explain any flexible benefits or service options available within the product

Entry Level Requirements:

  • Communication at NQF Level 3.
  • Mathematical Literacy at NQF Level 3.

It is advisable for learners who complete this course to have a basic understanding of short-term insurance.

Target Audience:

This course is intended for representatives operating within the short-term insurance sector, wanting to provide services in respect of the DroneBuddy insurance product.

Course Completion Requirements

To successfully complete this course, certain activities must be completed and successfully passed.

A completion certificate will be awarded upon completion of the course.

Course Content:

The DroneBuddy product is discussed in 5 Chapters:

  1. Introduction to DroneBuddy
  2. General Conditions
  3. General Exclusions
  4. Loss or damage to the drone
  5. Liability to third parties

Introduction to DroneBuddy

We start this course with a product overview. We look at the payment options, cancellation and claims processes as well as the product supplier.

General Conditions

In this lesson, we consider the general conditions applicable to the DroneBuddy insurance product including, the terms of cover, conditions for cover, the implications of duel insurance and finally instances that will render a policy voidable.

General Exclusions

Here we have a detailed look at the general exclusions including, the exclusions relating to loss as a resulting computer malfunction or cyber-attack. Exclusions relating to hi-jacking of the drone. Terms that must be adhered to in respect of ownership, usage and operations of the drone.

Loss or damage to the drone

This chapter delves into the cover provided for drones specifically. We look at the extent of cover as well as limitations and specific exclusions.

Liability to third parties

Under this section, we look at the protection enjoyed by the insured for possible liability claims arising from the use of the drone.

Course Design:

This course is 100% online. Various learning methodologies are used to provide a comprehensive learning experience.

Activities:

The following activities have been incorporated to enhance your learning experience.

 Assignments

 Books & Pages

 Chats

 Choice Interactions

 Database Uploads

 Feedback forms

 Files

 Forum Discussions

 Glossaries

 Structured Lessons

 Quizzes

 SCORM Lessons

 External Links

 Webinars

 Workshops

Course duration:

Maximum time to complete: 10 notional hours.

Course  cost:

FREE Resource

Additional resources and links:

Channel

Title

Description 

Link

Link to course

DroneBuddy Product Specific Training

This link takes you straight to the course at which point you can start learning if you’ve already enrolled or enrol to start your learning journey.

https://learn.azandi.co.za/course/view.php?id=296&mtm_campaign=DroneBuddy&mtm_kwd=Course

YouTube Video

 

 

 

Website Blog

 

 

 

Helpdesk

Course outline

Course outline and assessment matrix

https://azandi.freshdesk.com/a/solutions/articles/47001183693?mtm_campaign=DroneBuddy&mtm_kwd=Outline