Qualifying Examination For Insurance & Takaful Agents (QEFITA)

Programme Overview

Qualifying Examination For Insurance & Takaful Agents (QEFITA) is a licensing programme organised by BILIF with the support and guidance of Brunei Darussalam Central Bank (BDCB) and the Brunei Insurance Takaful Association (BITA).

This programme covers the theoretical study of insurance and takaful as well as the legal and regulatory requirements of Brunei Darussalam and ends with a two-hour examination.

In order to successfully complete the programme, participants are required to sit and pass examination.

Programme Objectives

The objectives of this programme are:

• To learn the fundamentals of insurance and takaful;
• To understand the risk management strategies
• To explain insurance contracts, documents, processes and practices, and applicable laws;
• To understand the different types of general insurance and their characteristics; and
• Describe the role and duties of an agent

Who Should Attend

QEFITA is a compulsory entry requirement for all those who intend to be registered as General Insurance/Takaful agents with BITA and those who intend to pursue a career in the Insurance/Takaful Industry.

Examination

Examination Date: 29 July 2023

• Two (2) hours examination consisting of 100 multiple choices questions
• The passing marks for the exam are 65%.

Programme Outline

Chapter 1	Introduction to Insurance
Chapter 2	An Introduction to Takaful
Chapter 3	Risk and Principles of Insurance
Chapter 4	Characteristics of General Insurance Products
Chapter 5	Classes of General Insurance Business and General Takaful Business
Chapter 6	Insurance Marketing and After-Sales Services
Chapter 7	Consumer Protection and Statutory Regulation
Chapter 8	Law of Agency
Chapter 9	Insurance Contract
Chapter 10	Insurance Documents
Chapter 11	Practice General Insurance Risk Assessment, Underwriting and Rating
Chapter 12	Practice of General Insurance Claim
Chapter 13	Practice of General Insurance Policy Forms

Programme Delivery

Date	Time
6-7 November 2023	8.15 am – 12.00 pm 1.30 pm – 5.15 pm

Your Investment

Package	Stakeholders	Non-Stakeholders
Theory + Exam Fee	$230.00	$270.00
Exam Fee Only	$150.00	$150.00

 

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