Qualifying Examination for Insurance/Takaful Agents (QEFITA)
Qualifying Examination For Insurance/Takaful Agents (QEFITA) is a Licensing Programme organised by CIBFM with the support and guidance of Autoriti Monetari Brunei Darussalam (AMBD) and the Brunei Insurance Takaful Association (BITA). A 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.
By this end of this programme, participants will be able to:
- Understand the nature of Insurance/Takaful
- Understand the importance of Insurance/Takaful in the economy and the role of Insurance/Takaful in assets
|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
|Chapter 12||Practice of General Insurance Claim|
|Chapter 13||Practice of General Insurance Policy Forms|
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.
- Two (2) hours examination consisting of 100 multiple choices questions
- The passing marks for the exam are 65%.
Stakeholders *: BND 230
Non-Stakeholders: BND 270
* Stakeholders are participants from MOFE, AMBD and all domestic banks in Brunei Darussalam.
Download Brochure here