CII
Level 3
QN: 600/1147/6
Curriculum Active
CII Level 3 Award In Long Term Care Insurance
Official qualification regulated by Ofqual, awarded by CII. Classified as a Vocationally-Related Qualification.
Qualification Level
Level 3
Awarding Body
CII
Syllabus Units
1 Units
Guided Hours
Flexible
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Long term care insurance
Verified
Key Learning Objectives:
- Understand the FCA definition of a long term care insurance contract and the background to long term care provision in the UK.
- Understand the different types of long term care that are available.
- Understand the responsibilities of a health authority in the provision of continuing care and any resulting funding implications for the individual.
- Understand how current legislation affects the provision of advice on long term care insurance, particularly with reference to the responsibilities of a local authority in enabling access to long term care and procedures for care assessment.
- Understand how local authorities make financial care needs assessments for those requiring long term care and the role of social services.
- Understand the availability of alternative sources of assistance relevant in the provision of long term care and possible limitations on their use.
- Understand the complexities and implications of the relationship between the adviser, the client and third parties when advising on long term care insurance.
- Understand the taxation issues related to long term care insurance plans.
- Understand the legal considerations that need to be taken into account when giving long term care advice to an individual or their representatives.
- Understand eligibility to claim under a long term care insurance contract.
- Understand the different costs associated with long term care provision and the factors that create variations in them.
- Analyse the interaction between the eligibility for means-tested and non means-tested benefits in the provision of advice on long term care insurance.
- Assess the suitability of arrangements available to fund and maintain an individual’s long term care needs and whether the level of risk they present to the client is appropriate and acceptable.
- Analyse situations that might indicate to an adviser that a client’s long term care provision needs to be reviewed and identify the consequences of that review.
Regulatory & Verification Details
- Qualification Number (QN)
- 600/1147/6
- Regulated Status
- Available to learners
- Awarding Body
- CII
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Apr 2011