Advanced Mortgage Advice (R07) develops knowledge and understanding of the key elements of the mortgage process, specialist types of mortgage lending and to test candidates' ability to give appropriate mortgage advice to clients with complex needs and circumstances.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered  on RevisionMate.
• Assessment entry.

Aviation and Space Insurance (M91) develops an understanding of the risks and practices related to aviation and space insurance and related issues.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

Aviation as an insurance class, details of the types of coverage given for these risks, how this class is underwritten in practice, the legal and regulatory environment within which aviation claims arise, and the steps taken in adjusting these claims.

The study text reflects the evolution of the aviation and space insurance markets, including a section on cyber risks, expanded treatment of drones and the latest material on space tourism insurance.

This study text is intended for those with a basic understanding of the principles and practices of insurance. It does not require any previous technical knowledge of aircraft or the aerospace sector. This subject is also relevant for anyone, irrespective of whether they are involved in the insurance profession in an underwriting, broking, claims adjusting or service provision capacity.  

Building a successful career in insurance

This subject is also relevant for anyone involved in the insurance profession in an underwriting, broking, claims adjusting or service provision capacity to build knowledge and skills for a successful career in insurance or in a support function.

Aviation and Space Insurance (M91) counts towards a Diploma in Insurance. It may also count towards the Advanced Diploma in Insurance.

Please note it is assumed that you already have knowledge of the fundamental principles of insurance as covered in Insurance, Legal and Regulatory (IF1) or equivalent examinations.

Summary of learning outcomes 

1. Know the main elements of aviation risk.
2. Understand the main international and national measures impacting on aviation risk.
3. Understand the scope of cover under the main and related classes of aviation insurance.
4. Understand the market practices of aviation insurance.
5. Understand risk assessment and underwriting of aviation insurance.
6. Understand claims investigation, handling and settlement procedures in aviation insurance.
7. Understand key aspects of space insurance.

Assessment

• Coursework assignment with 10 compulsory short answer questions (marked within 63 calendar days of submission); and a 60 minute exam comprising 50 multiple-choice questions (MCQs)
• 60% coursework pass mark
• 65% exam nominal pass mark
• The average pass rate for those completing Diploma in Insurance mixed assessment units in full is currently 92.0%
• Coursework assignment to be submitted within 6 months of enrolment
• Exam to be passed within 18 months of enrolment (only first exam entry included as part of the enrolment)

Units treated as equivalent

Due to the extent of syllabus overlap, certain combinations of current and withdrawn units will result in only one award of credits.

If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.

Find out more about credit awards for equivalent units

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

2024-25 edition (applicable to exams sat 01 May 2024 to 30 April 2025)

The objective of this unit is to demonstrate knowledge and understanding of cargo and goods in transit risks and their insurance.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

Cargo and Goods in Transit Insurances (M90) deals with the insurance of goods in transit from consignor to consignee anywhere in the world.

Cargo insurance is the insurance of the goods against loss or damage and is related directly to the value of those goods. The study text includes the main internationally recognised London marine clauses that provide cover, as well as those clauses designed for specific types of goods.

Goods in transit insurance covers the legal liabilities of the bailees of those goods while they are in their possession for the purposes of delivering them from consignor to consignee — from the seller to the buyer.

This text covers legal liabilities and the insurance available to the owner of the goods in transit from the premises of the seller up to delivery at the premises of the buyer. International conventions including the Hague-Visby Rules, the Hamburg Rules, the CMR Convention and the CIM Convention are considered.

It looks at goods typically traded, the risks they are exposed to and finally claims considerations and practices associated with both cargo and goods in transit insurances.

Building a successful career in insurance

This course is ideal for anyone looking to gain knowledge and understanding of cargo and goods in transit insurances to build a successful career in the insurance profession or in a support function. Cargo and Goods in Transit Insurances (M90) counts towards a Diploma in Insurance. It may also count towards the Advanced Diploma in Insurance.

Please note it is assumed that you already have knowledge of the fundamental principles of insurance as covered in Insurance, Legal and Regulatory (IF1) or equivalent examinations.

Summary of learning outcomes 

1. Understand the business environment of shipping and world trade.
2. Understand the legal and regulatory environment of cargo and goods in transit risks.
3. Understand the scope of cover for cargo.
4. Understand the scope of cover for haulage contractor’s liability.
5. Understand the underwriting of cargo and goods in transit insurance.
6. Understand claims considerations and procedures for cargo and goods in transit.

Assessment

• Coursework assignment with 10 compulsory short answer questions (marked within 63 calendar days of submission); and a 60 minute exam comprising 50 multiple-choice questions (MCQs)
• 60% coursework pass mark
• 65% exam nominal pass mark
• The average pass rate for those completing Diploma in Insurance mixed assessment units in full is currently 92.0%
• Coursework assignment to be submitted within 6 months of enrolment
• Exam to be passed within 18 months of enrolment (only first exam entry included as part of the enrolment)

Units treated as equivalent

Due to the extent of syllabus overlap, certain combinations of current and withdrawn units will result in only one award of credits.

If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.

Find out more about credit awards for equivalent units

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

2024-25 edition (applicable to exams sat 01 May 2024 to 30 April 2025)

The objective of this unit is to develop knowledge and understanding of the fundamental principles and practices of claims practice and how claims are handled.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered  on RevisionMate.
• Assessment entry.

Claims Practice (M85) considers the practical aspects of handling a claim; from receipt to settlement (whatever that means in each case).  It deals with the rules within which the claims handler must operate, as well as explain those of their duties which do not relate directly to the customer, e.g. the setting of claims reserves and ensuring that reinsurance and other recoveries are made.

Not all claims arise directly from the insurer's own policyholder. Some will come from persons, third parties, who have a problem with the policyholder, having experienced a loss because of their actions. We will see the law behind such claims and how to settle them. Some of these claims may end up being dealt with in a court of law. Consequently, they must be dealt with in a certain way to comply with the law and court procedures and this study text explains this.

Finally, we will look at what to do when a customer is not satisfied with how their claim has been resolved, what rules apply and the techniques of dispute resolution.

Building a successful career in insurance

This course is ideal for claims handlers and for those looking to gain knowledge and understanding of claims practice. Claims Practice (M85) counts towards a Diploma in Insurance. It may also count towards the Advanced Diploma in Insurance.

Please note it is assumed that you already have knowledge of the fundamental principles of insurance as covered in Insurance, Legal and Regulatory (IF1) or equivalent examinations.

Summary of learning outcomes 

1. Understand key aspects of claims handling.
2. Understand key aspects of handling personal lines claims.
3. Understand key aspects of handling property claims, including business interruption.
4. Understand key aspects of handling third party liability claims.

Assessment

• Coursework assignment with 10 compulsory short answer questions (marked within 63 calendar days of submission); and a 60 minute exam comprising 50 multiple-choice questions (MCQs)
• 60% coursework pass mark
• 65% exam nominal pass mark
• The average pass rate for those completing Diploma in Insurance mixed assessment units in full is currently 92.0%
• Coursework assignment to be submitted within 6 months of enrolment
• Exam to be passed within 18 months of enrolment (only first exam entry included as part of the enrolment)

Units treated as equivalent

Due to the extent of syllabus overlap, certain combinations of current and withdrawn units will result in only one award of credits.

If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.

Find out more about credit awards for equivalent units

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

2023-24 edition (applicable to exams sat 01 May 2023 to 30 April 2024)

Revision aids available

The revision aids available for this unit are listed below. You can find more details about these here.

• Key Facts Booklet

The objective of Commercial Insurance Contract Wording (M21) is to develop knowledge and understanding of commercial (re)insurance contract wordings and the legal, regulatory and drafting issues surrounding these wordings.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

In an increasingly complex financial world, (re)insurance, and in particular, (re)insurance contract wordings play a vital role in establishing the terms and conditions of a (re)insurance contract, contract certainty and clarity.

Knowledge of fundamental legal principles and an understanding of the pitfalls of poorly worded insurance contracts can help to avoid errors, omissions and legal disputes. To help understand the importance of (re)insurance contract wordings, this study text focuses on a variety of topics including:

• The environment in which wordings are created.
• Market organisations' support for the world of contract wordings.
• The changing landscape of contract certainty and the importance of industry regulation.
• Key components of a wording.
• The legal and practical considerations when drafting and reviewing.
• Parties to a contract, their responsibilities, and how disputes can be resolved.
• Facultative reinsurance wordings and treaty reinsurance.
• Types of proportional and non-proportional reinsurance clauses.

Building a successful career in insurance

This course is relevant for anyone seeking to develop their knowledge and skills for a rewarding career in the insurance profession or in a support role. Insurance Law (M05) counts towards a Diploma in Insurance. It may also count towards the Advanced Diploma in Insurance.

Please note it is assumed that you already have knowledge of the fundamental principles of insurance as covered in Insurance, Legal and Regulatory (IF1) or equivalent examinations.

Summary of learning outcomes 

1. Understand the environment within which UK commercial (re)insurance contract wordings are created.
2. Understand legal factors affecting commercial (re)insurance contract wordings.
3. Understand the terms and conditions of commercial (re)insurance contract wordings.
4. Understand the different types of reinsurance contract wordings.

Assessment

• Coursework assignment with 10 compulsory short answer questions (marked within 63 calendar days of submission); and a 60 minute exam comprising 50 multiple-choice questions (MCQs)
• 60% coursework pass mark
• 65% exam nominal pass mark
• The average pass rate for those completing Diploma in Insurance mixed assessment units in full is currently 92.0%
• Coursework assignment to be submitted within 6 months of enrolment
• Exam to be passed within 18 months of enrolment (only first exam entry included as part of the enrolment)

Units treated as equivalent

Due to the extent of syllabus overlap, certain combinations of current and withdrawn units will result in only one award of credits.

If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.

Find out more about credit awards for equivalent units

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

2024-25 edition (applicable to exams sat 01 May 2024 to 30 April 2025)

The objective of this unit is to develop knowledge and understanding of the fundamental principles and practices of commercial property and business interruption insurances.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

Commercial Property and Business Interruption Insurances (M93) focuses on the main risks to commercial property; policy cover and market practices of commercial property and business interruption insurances, and; risk perception, assessment and underwriting issues associated with these types of insurance.

Its broad scope will be relevant to those working in a wide range of roles including underwriting, claims, surveying and broking.

At this stage in your studies it is likely that you are already working in the insurance market and may well have a good understanding of how the commercial insurance market operates. 

Building a successful career in insurance

This course is ideal for those looking to gain knowledge and understanding of commercial property and business interruption insurances to build a successful career in the insurance profession or in a support role. At this stage in your studies it is likely that you are already working in the insurance market and may well have a good understanding of how the commercial insurance market operates. 

Commercial Property and Business Interruption Insurances (M93) counts towards a Diploma in Insurance. It may also count towards the Advanced Diploma in Insurance.

Please note it is assumed that you already have knowledge of the fundamental principles of insurance as covered in Insurance, Legal and Regulatory (IF1) or equivalent examinations.

Summary of learning outcomes 

1. Understand the risk and control of fire, theft and other contingencies to property and business interruption.
2. Understand the cover provided by and main practices of property insurance.
3. Understand the cover provided by and main practices of business interruption insurance.
4. Understand the underwriting of property and business interruption insurance.
5. Understand how property and business interruption insurance claims are handled.

Assessment

• Coursework assignment with 10 compulsory short answer questions (marked within 63 calendar days of submission); and a 1 hour exam comprising 50 multiple-choice questions (MCQs)
• 60% coursework pass mark
• 65% exam nominal pass mark
• The average pass rate for those completing Diploma in Insurance mixed assessment units in full is currently 92.0%
• Coursework assignment to be submitted within 6 months of enrolment
• Exam to be passed within 18 months of enrolment (only first exam entry included as part of the enrolment)

Units treated as equivalent

Due to the extent of syllabus overlap, certain combinations of current and withdrawn units will result in only one award of credits.

If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.

Find out more about credit awards for equivalent units

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

2024-25 edition (applicable to exams sat 01 May 2024 to 30 April 2025)

The objective of this unit is to develop in the candidate an understanding of delegated underwriting authority from the perspective of all participants, including the setting up, successful management and development of business.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

The usefulness of the ability of an organisation to use external resources to assist it in the running of its business is universally recognised and is not focused on the insurance business alone.

What this study text looks at is the very specific decision that insurers can take to delegate any authority to another entity. It considers the risks and benefits to both, and the operational considerations that should be taken into account, both before such a relationship is set up and during its lifetime. This study text will not consider the wider concept of outsourcing of functions generally within a business.

Please note before you start your studies, it is helpful to ensure that you clearly understand the definition of certain terms and phrases provided in the introduction to the study text.

Building a successful career in insurance

This course is relevant for anyone seeking to develop their knowledge and skills for a rewarding career in the insurance profession or in a support role.

Delegated Authority (M66) counts towards a Diploma in Insurance. It may also count towards the Advanced Diploma in Insurance.

Please note it is assumed that you already have knowledge of the fundamental principles of insurance as covered in Insurance, Legal and Regulatory (IF1) or equivalent examinations.

Summary of learning outcomes 

1. Understand the business benefits and risks for the use of delegated authorities.
2. Understand the legal and regulatory framework related to delegated authorities.
3. Understand the setting up of delegated authorities.
4. Understand contracts of delegation and contracts of insurance.
5. Understand the management of underwriting by the coverholder/managing general agent (MGA).
6. Understand the management of claims by the coverholder/MGA.
7. Understand key business support functions within the coverholder/MGA.
8. Understand the monitoring and auditing of the delegated authority by the insurer.

Assessment

• Coursework assignment with 10 compulsory short answer questions (marked within 63 calendar days of submission); and a 60 minute exam comprising 50 multiple-choice questions (MCQs)
• 60% coursework pass mark
• 65% exam nominal pass mark
• The average pass rate for those completing Diploma in Insurance mixed assessment units in full is currently 92.0%
• Coursework assignment to be submitted within 6 months of enrolment
• Exam to be passed within 18 months of enrolment (only first exam entry included as part of the enrolment)

Units treated as equivalent

Due to the extent of syllabus overlap, certain combinations of current and withdrawn units will result in only one award of credits.

If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.

Find out more about credit awards for equivalent units

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

2024-25 edition (applicable to exams sat 01 May 2024 to 30 April 2025)

Discretionary Investment Management (J10) develops knowledge and understanding of the role of the Discretionary Investment Manager, and the ability to analyse and apply financial information and portfolio management skills.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

Discretionary Investment Management (J10) starts by looking at the investment advice process and establishing the client relationship - the aims and objectives, risk profile, investment objectives and analysing the client’s financial position.

Asset classes, investment strategies and investment wrappers are covered next, including the main asset classes – cash, bonds, equities and property, alternative investments and derivatives and investment tax wrappers. The Role of the investment manager is then considered, followed by discretionary and advisory management.

The study text moves on to look at investment funds, the economic environment, investment returns and investment risk. Portfolio theory – principles and limitations is considered, followed by measuring portfolio performance and understanding investment data. We then look at financial mathematics and sources of information – uses and limitations.

Purpose

At the end of this unit, candidates should be able to demonstrate an understanding of:

• the behaviour, performance, risk profile and correlation of key investment types;
• discretionary and non-discretionary portfolio management;
• the principles of performance measurement, financial analysis and ratio analysis;
• the principles of performance management and portfolio theory.

Assessment

• 2 hour exam
• 90 multiple choice questions
• The nominal pass mark is 65%
• The 2023 pass rate for this unit was 88.2%

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

2023-24 edition (applicable to exams sat 01 Sep 2023 to 31 Aug 2024) 

Financial Planning Practice (R06) has been developed to help advisers develop and demonstrate their financial planning capabilities.

The default enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Revision aids: Key Facts Booklet, Audio Revision, E-learn (delivered on RevisionMate).
• Assessment entry

Financial Services, Regulations and Ethics (R01) develops your knowledge and understanding of the financial services profession, including regulation, legislation and the Code of Ethics.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered  on RevisionMate.

• Revision aids: Key Facts Booklet, Audio Revision, Knowledge Checker, E-learn (delivered on RevisionMate).

• Assessment entry.