CF3 – Financial protection

What does the unit cover?
This unit develops the individual’s knowledge and understanding of protection planning issues including assessment of protection needs and satisfying these needs accounting for other factors such as state benefits. It also helps with developing the individual’s understanding of the financial protection products available.

The main syllabus elements are:

Candidates should be able to understand the:

  • Purpose and scope of financial protection products and how they interact with State benefits
  • Main features and functions of the different types of contracts and how they are arranged in order to meet the individual client’s protection needs
  • Main protection needs of businesses

How is it examined?
1 hour, 50 question multiple-choice exam. Pass mark is around 70%

 

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