Are group insurance, accident insurance and disability insurance with death compensation general insurance policies or long-term policies? In fact, there is no absolute answer, because an insurance policy with both accident/disability compensation and life insurance components can be general policies or long-term policies, depending on the plan. As in death compensation accident insurance: It can be an accident insurance (general insurance policy) plus a death compensation rider, or a life insurance policy (long-term insurance) plus accidental death additional compensation rider.
What exam do I need to take to sell general insurance?
Selling general insurance and selling long-term business insurance policies require participation in different exams. One of the requirements for selling general insurance is to take the Insurance Intermediaries Qualifying Examination (IIQE) Paper 1, Paper 2 and Paper 3. For IIQE exemption, please refer to Exemption from Insurance Intermediary Qualifying Examination (IIQE)
The content of IIQE Paper 1 is relatively broad, including some basic definitions of the insurance industry, the functions and benefits of insurance, related legal principles and applications, insurance principles, the main functions of insurance companies, the structure and supervision of the insurance industry, and the professions of the insurance industry’s moral. Generally speaking, Paper 1 needs a lot of recitation.
The content of IIQE Paper 2 is relatively short and in-depth. The content includes an introduction to various general insurance products, underwriting, insurance policies and other documents and renewal instructions, claims-related and customer service-related requirements.
The content of IIQE Paper 3 is also relatively short and in-depth. The content includes basic knowledge and concepts of life insurance, introduction to the types of life insurance and annuities, introduction to insurance benefit riders and other products, a brief introduction to the concept of life insurance policy provisions, and procedures from selling the policies through underwriting to issuance of insurance policies and then to claims settlement.
How should I review the exam?
The pass rate of IIQE has always been a big worry for many candidates. The official has no mechanism to require PEAK to disclose the pass rate, and the pass rate published last time is also appalling. Here I can recommend a review method for everyone:
- First study the material study manual / 2CExam Youtube instructional video by each chapter (instructional video provided in Cantonese)
IIQE Paper 1 Playlist
https://www.youtube.com/playlist?list=PLilKLKW6-ssgwIUeOjeCYOISXctmuOo5M
IIQE Paper 2 Playlist
https://www.youtube.com/playlist?list=PLilKLKW6-ssjODlao-y8iYkY_oRJRwgbk
IIQE Paper 3 Playlist
https://www.youtube.com/playlist?list=PLilKLKW6-ssiuqr7zQdSqS-KHLDbLe7_L
- Complete one chapter of the 2CExam mock test
This review method takes 20-25 hours, and statistically has a pass rate of 80%.
No statistics are available for other review methods.
2CExam is a company that specializes in training candidates to take the securities, insurance and real estate exams. Regarding IIQE, 2CExam has produced free Cantonese video teaching Paper 1, 2, 3, which is publicly released on major well-known video sharing websites at no additional charge. If students have difficulty understanding the content of the study manual when taking the HKSI paper 1, 2, 3, they can choose to watch the other instructional videos. If you want to purchase review materials to better understand the content of the exam, you can visit www.2cexam.com (physical product) or www.hksiiiqepasspaper.online (online version)
How can we help?
2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for IIQE Papers 1, 2, 3, 5 and MPFE in Chinese and English; and bibles for IIQE Papers 1, 2, 3, MPFE in Chinese. We also offer 1 on 1 tutorial services. Besides, we have also made free tutorial videos for IIQE Papers 1, 2, 3 and MPFE and posted on public channels such as Youtube/ Bilibili/ Tencent/ Iqiyi. 2CExam has been an exam training expert for years. Should you need any help please visit www.2cexam.com or contact us through:
Phone +852 2110 9644 Email: [email protected] Wechat: hk2cexam WhatsApp: +852 9347 2064
Please support us by leaving comments and likes if you think this article helps you!
You can scan or click on the QR codes to visit our social media.
Latest Article
Categories
過往文章
Contact US
-
Phone:
+852 2110 9644
-
Email:
-
WhatsApp
+852 9347 2064
-
WeChat
hk2cexam
Interesting Articles
If the IIQE insurance exam has more than one exam paper, which exam paper should I partake in first? How should I prioritise and organise my exam schedule?
Many students who are new to the insurance industry would ask us: “ Which paper should I take first when the Insurance Intermediaries Qualifying Examination (IIQE) has that many papers? “ Which exam paper should I take first? The Insurance Authority (AI) has no requirement for the order of passing the exam in all…
If I need to take more than one paper for the HKSI LE exam, which paper should I partake in first? In what order should I take them?
Many students who did not have a business background would ask us: “ Which paper should I take first when The Hong Kong Licensing Examination for Securities and Futures Intermediaries (HKSI LE) has that many papers? “ Which exam paper should I take first? The SFC has no requirement for the order…
What is the difference between an insurance company and an insurance brokerage company
Isn’t every company that sells insurance policies called an insurance company? Insurance companies refer to companies that will launch their own new products (insurance plans). These companies usually have a larger scale. They will arrange everything from product development, front-line sales, underwriting, claims, complaints, and actuarial calculations. To ensure compliance with the requirements…
Who cannot register or take the EAQE/SQE Real Estate Qualifying Examination?
Is there a threshold for the real estate examination? There are no thresholds when it comes to partaking in the real estate exam; your nationality, age, education, work experience, and professional qualifications do not matter when it comes to applying for the real estate exam. As long as one can afford the exam fee,…
Are there free courses for EAQE/SQE real estate exams? Can I take classes online or remotely?
Where can I find real estate courses? Estate Agent Course 2021 Centaline Training Institute: http://www.cti-edu.com/icms/template.aspx?series=16 Midland: http://www.midlandu.com.hk/chi/campus/ Rose Garden: http://www.rosegarden-consultants.com/index.html？gclid=Cj0KCQjwvYSEBhDjARIsAJMn0lhII0WauuWfhByB0WIQKOYKdEiRlMB76v36PQtXefflav1cII3lVtoaAimmEALw_wcB HKCTSVT:https://hkctsvt.edu.hk/tc/programmes/real-estate-agency/ft-programme-erb-placement-tied-courses-ct210ds City University, School of Continuing and Professional Education (Scope): https://www.scope.edu/Home/Programmes/DiplomaCertificateandShortCourse/ERB%E4%BA%BA%E6%89%8D%E7%99%BC%E5%B1%95%E8%A8%88%E5%8A%83%E8%AA%B2%E7%A8%8B/%E5%9C%B0%E7%94%A2%E4%BB%A3%E7%90%86%E6%84%9B%E5%A2%9E%E5%80%BC.aspx 2CEXAM free Youtube course (Material Provided in Contonese Only) Estate Agent Qualifying Examination (EAQE) Course Explanation [Not Past Paper,…
Where can I get the free EAQE/SQE real estate practice exam questions?
Where can I find a book/study manual/review manual for the real estate licensing exam? Mock exam questions you can use official reference questions https://www.eaa.org.hk/Portals/0/Sections/Exam/2015/Sample%20Question/Sample%20Questions_E.pdf 2. 2CEXAM mock exam questions With regard to EAQE Estate Agents Qualifying Examination. Only Chinese version is available For Chinese version Printed Version, please visit our website:…
What is the difference between EAQE and SQE exam?
What is the functional difference between the EAQE and SQE exam? EAQE has broader functions than SQE. Basically, the EAQE exam is omnipotent. If you want to become an estate agent, you must take the EAQE, which is also known as the Estate Agent Qualifying Exam. EAQE results can also be used to…
Is the real estate examination not held by the Estate Agent Authority ? 5 tips for entering the industry
Real estate examinations are held by PEAK The EAQE and SQE exams are held by the Vocational Training Council’s (VTC) PEAK. VTC PEAK is a statutory organization that provides professional education and training in Hong Kong. It is also an accredited organization that conducts EAQE and SQE examinations.Students who wish to apply for…
Can I work as a real estate agent/salesperson if I fail the HKCEE?
To become a real estate agent/salesperson, you need to meet a number of conditions including minimum academic requirements in order to successfully apply for a license. Can I work as a real estate agent/salesperson if I fail the HKCEE? The website of the Estate Agents Authority contains a page of guidelines on the minimum…
Can I work as a real estate agent/salesperson if I have not studied at university?
To become an estate agent/salesperson, you need to meet a number of conditions to successfully apply for a license. One of the most concerned conditions is the academic requirements. Qualification requirements for applying for a license In fact, the requirements for becoming a real estate agent or salesperson are not very high, and…