Description

Course Name: Certificate in Insurance Operations and Distribution Practices

Global Occupational Skill Standard – GOSS ID: GOSS/BAF/CIODP/V1

Eligibility: 10+2 (Higher Secondary) or Equivalent.

Duration: Three Months.

Objective: The Certificate in Insurance Operations and Distribution Practices course is designed to equip professionals with comprehensive knowledge of insurance products, risk assessment, regulatory frameworks, and brokerage practices. It prepares learners to act as intermediaries between clients and insurance companies, providing expert advice, policy recommendations, and facilitating insurance transactions.

Get ready to join the Journey to become a GSDCI Certified Professional  – International Certification and Assessment Body.

Steps to become a GSDCI Certified Professional:

Step 1: Select your certification you want to pursue.

Step 2: Click on get certified tab, new pop up window will open.

Step 3: Click on pay certification fee, you will be redirected to billing details page.

Step 4: Fill your details and click on pay certification fee, You will be redirected to payment gateway, pay fee by any available options like Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 5: You will get Login Credentials of Online E-Books and Online assessment link on your email id, within 48 hrs of payment.

Step 6: After completion of the online assessment, the soft copy of your certificate will be sent to your registered email ID within 5 days.

Assessment Modules:

Module 1: Introduction to Insurance and Broking: Basics of Insurance and Risk Management, Role and Responsibilities of Insurance Brokers, Types of Insurance (Life, Health, General), Regulatory Framework and IRDAI Guidelines, Code of Conduct and Ethics for Brokers, Overview of Insurance Market and Products.

Module 2: Life Insurance Products and Policies: Types of Life Insurance Policies (Term, Endowment, ULIP, Whole Life), Policy Features and Benefits, Premium Calculation and Underwriting, Riders and Add-ons, Claims Process and Documentation, Tax Benefits under Life Insurance.

Module 3: General Insurance Products: Types of General Insurance (Motor, Health, Fire, Marine, Liability), Policy Terms and Conditions, Premium Computation and Pricing, Claims Handling and Settlement Process, Reinsurance Basics, Regulatory Compliance for General Insurance.

Module 4: Insurance Sales and Marketing: Client Prospecting and Lead Generation, Needs Analysis and Risk Assessment, Presentation and Product Recommendation, Sales Techniques and Negotiation Skills, Customer Relationship Management, Ethical Selling Practices.

Module 5: Legal and Regulatory Aspects: Insurance Laws and Regulations, Broker Licensing and Compliance, Contract Law Basics Related to Insurance, Dispute Resolution and Grievance Handling, Anti-Money Laundering (AML) in Insurance, Data Protection and Confidentiality.

Module 6: Brokerage Operations and Business Management: Policy Servicing and Documentation, Commission Structures and Accounting, Use of Technology in Brokerage, Reporting and Record-Keeping, Continuing Professional Development, Building a Successful Insurance Brokerage Business.

GSDCI Online Assessment Detail:

• Duration- 60 minutes.
• Number of Questions- 30.
• Number of Questions from each module: 5.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 100, Passing Marks- 50%.
• There is no negative marking in any module.

Benefits of Certification:

1. Global Recognition & Credibility – Stand out worldwide with a certification that strengthens your professional profile across borders and demonstrates your skills to employers and institutions.

2. Quality Assurance through ISO Certification – Programs follow an ISO-certified quality management system to promote consistency, reliability, and a standardized learning experience.

3. Career Advancement & Employability – Enhance your résumé, demonstrate professional competence, and improve your prospects for career growth, promotions, or suitable job opportunities.

4. Non-Profit Trust Factor – Certification from a non-profit organization reflects a mission-driven approach focused on skill development, professional learning, and public benefit.

5. Access to Learning Resources – Gain access to useful learning resources such as e-books, mock tests, assessments, and online academic support.

6. Transparency & Online Verification – Each certification includes a unique enrolment or certificate ID, enabling convenient online verification by employers and other interested parties.

7. Lifetime or Long-Term Validity – Certifications may offer lifetime or extended validity, reducing the need for frequent renewal, subject to the applicable certification scheme.