1236 courses

Febelfin Academy

Insurance distribution IDD: distance learning with training platform and exam (presential)

  • by Febelfin Academy
Online
302

The executive decision of 25 June 2019 has converted the minimum knowledge requirements of the Insurance Distribution Directive Act (IDD) into a new examination structure consisting of 4 modules:

  • a basic module covering the general knowledge requirements.
  • three specialized modules, one for each category of insurance product that can be offered.

The objective of this training is to :

  • enable you to acquire sufficient technical and legal knowledge of insurance to provide proof of the required professional knowledge;
  • enable you to pass the examination in accordance with the knowledge requirements in this subject matter;
  • provide you with a certificate of successful examination after training.

All material (syllabi, training questions and exam)  is available in English.

The new examination structure has taken effect as from January 1, 2021. 

Price per module:  (syllabi, exercises with exam): 250€ member price / 300€ non-member price

CONTENT

Modules

Exams (sub-modules)

Syllabus
1 Basic knowledge
1.1 The insurance market and insurance contract regulations
196 pages
1.2 Various laws

2 Insurances non-life

2.1 Liability insurances and legal assistance insurance 78 pages
2.2 Motor vehicle and assistance insurances 78 pages
2.3 Property insurances 96 pages
2.4 Personal insurances other than life insurances 63 pages

3 Life in general
3.1 Applicable law and financial competency

146 pages

3.2 Anti Money Laundering legislation, insurance market, pension systems, rules of conduct
4 Life with an investment component 4 Life with an investment component

27 pages

 

EXAM INFORMATION

Structure

Each different submodule has a separate exam. Each exam per submodule consists of 20 multiple choice questions (no guessing correction).  An exam session lasts a maximum of 3 hours. It takes about 30 minutes to complete a submodule. Thus the system allows you to take a maximum of 6 exams in one exam session. To succeed, you must achieve a minimum score of 60% per submodule.

Dates

The exam dates are only available on your own account within our digital learning platform. You will be given access to our digital learning platform after the payment and processing of your registration. Syllabi and exercises are made available to you as soon as we have received your payment. We schedule a number of exam moments each week. You indicate yourself when you wish to take the exam. You can change the chosen date free of charge up to 5 calendar days before the exam.

Results

In the event of positive results, you will receive a certificate on your digital learning platform, recognized by the FSMA, proving that you have passed the exam and that you have the required technical knowledge.

If you have not passed one or more exams, you can register for your retake via our digital learning platform. On choosing a new date, a period of 15 days must be respected. This period of 15 days starts from the day following the date of the exam for which you did not pass. For example: if you take the exam on the 1st of September, you can retake the exam after the 16th of September.

Price by module:

  • Member (with syllabi, exercises on platform en examen): 250€
  • Not Member (with syllabi, exercises on platform en examen): 300€
  • Partner (BZB/Fedafin - with syllabi, exercises on platform en examen): 250€
  • Retake exam: 70€

Language: This training is in English.

location exam :  in class (face to face) - Febelfin Academy, Boulevard du Roi Albert II 19, 1210 Bruxelles

An ‘E-learning - distance learning’ is 100% self-study. It is a form of learning in which the participant processes individually, at his or her own pace, learning content that is provided in the form of a syllabus drawn up by the teacher. This content is provided in a digital format (PDF) via the MyFA learning platform, possibly supplemented with an exercise platform.



 

Learning material:

  • Syllabi
  • training platform with exercises
  • Accessible, clear, and directly applicable
  • Learn where and when you want, always online
  • Learn in a targeted manner, with a focus on exam results
  • Be on time for the exam. It’s best to arrive 10 minutes before it starts.
  • Unexpected delay? Inform your exam center so your participation can be ensured.
  • Febelfin Academy’s reception desk can be reached at +32 (0)2 507 69 61.
  • Before beginning your exam you’ll need to present your ID card.
  • Your MyFA profile should include your mobile number since you will be receiving an exam token via SMS at the start of the exam.
  • Set your phone to “Silent” mode beforehand and put it away once you’ve entered the exam token. Good luck!
  • The exam per sub-module consists of 20 multiple choice questions each. A minimum result of 60% is required. Each completed sub-module will be mentioned on your exam certificate.
  • Please bear in mind our exam guidelines and watch the video on this page.
  • The certificate with your completed sub-module(s) will be published on your MyFA profile the day after the exam. Febelfin Academy wishes you good luck with your exams!

Online € 302(Incl.VAT) More info

The training course can be followed by various target groups:

All persons who need general professional knowledge of the insurance products concerned and/or need a certificate to prove their professional knowledge as:

  • an insurance intermediary or ancillary insurance intermediary;
  • a manager or de facto responsible person;
  • a person responsible for distribution;
  • a person in contact with the public.

This course is eligible for

KMO portefeuille (Flanders)