Advising on a relevant range of protection products offers the customer a more comprehensive service and represents a substantial percentage of the income from sales.
Since Mortgage Day, we have become accustomed to working with the new regulator in the mortgages sector; however, its regulating powers now extend to the general insurance sector incorporating products such as payment protection.
The implication of this is that brokers who sell or advise on these products must take measures to ensure that they operate in a compliant manner.
One way of showing the regulator that you are competent to advise on these products is to take an appropriate professional qualification.
The Institute of Financial Services (ifs) has designed a single-module qualification, the Certificate in General Insurance (CeRGI®), which covers the basic principles of general insurance.
CeRGI® is designed to:
· Improve your knowledge and understanding of the general insurance industry
· Help you provide better service to your customers
· Develop your skills and improve your promotion prospects
The qualification has been developed around the Certificate in Mortgage Advice and Practice (CeMAP®) model and consists of user-friendly learning materials, online support from an assigned tutor and electronic testing at centers all over the UK.
