FETC Retail Insurance Qualification – FAIS 1

The FETC: Retail Insurance is designed to meet the needs of learners who earn commission from the sale of insurance or financial service products, but do not necessarily work in the insurance sector.  Learners may be employed in a variety of positions in retail outlets across a number of different industries, for example finance and insurance agents in a car dealership.  The intention is to promote the development of knowledge and skills that is required in Retail Insurance for licensing purposes.  The Qualification covers Long Term and Short-Term insurance related learning.  It introduces a fundamental understanding of the key terms, rules, concepts and principles of insurance that will enable learners to be informed workers in the Retail Insurance industry.  It provides a balanced learning experience that allows flexible access to life-long learning, higher education and to productive employment.  The focus is on basic information gathering, analysis, evaluation, presentation and the ability to apply knowledge of the subfield to solve common problems within given a familiar context.