LIFE INSURANCES
 
Lectured in 3rd year Business ManagementSection finance and insuranceStudy Time Reduction
Theory [A] 37.5
Exercises [B] 12.5
Training and projects [C] 25.0
Studytime [D] 150
Studypoints [E] 6
Level  
Language of instruction Dutch
Lecturer Stefaan DESENDER
Reference RGBBRF03A01096
 
Key words
Life-insurances (Individual and Group)

Objectives
The student obtains a basic knowledge by means of a juridical and a mathematical understanding of life-insurance principles and learns to use a life-insurance product as a fiscal instrument. Commercial considerations and exercises on tariffs and premium-calculations will help the student to prospect all kind of life-insurance products.

Topics
1. Individual life-insurance from Branch 21 and Branch 23 in Belgium:
  • Traditional life-insurances
  • Universal Life products
  • Universal Life - Unit linked products
completed with juridical, financial and fiscal implications from each Branch.

2. Group-insurances

Prerequisites
Students need to have a basic knowledge of Financial Mathematics and Technic of insurance.

Final Objectives


Materials used
Book "Life cat" and syllabus "Life 2002"; slides and documents on life-insurances.

Study costs
Book and syllabus rated and offered by Hogeschool Gent.

Study guidance
Student's questions are answered individually.
Written paper with study guidance.

Teaching Methods
Ex cathedra college and case-studies with exercises. Written paper with study guidance.
Guest-performance and extra muros activities.

Assessment
First exam session: permanent assessment and paper 25%and written exam 75%.
Second exam session: written exam 100%.

Examination Board Flemish Community:
First exam session: written exam 75% and assessment/paper 25%.
Second exam session: written exam 100%.

Lecturer(s)