pre contract examination for insurance agents

22
Pre Contract Examination for Insurance Agents (PCEIA) • A compulsory entry requirement for all those who intend to be registered as insurance agents with Persatuan Insuran Am Malaysia (PIAM) and with the Life Insurance Association of Malaysia (LIAM) respectively. • For those who intend to pursue a career in insurance. • An induction programme for those entering the world of insurance. Benefits The examination gives the candidates: • a working knowledge of insurance, which will at the same time increase the candidates’ proficiency and make their work meaningful and interesting. • a certificate awarded by MII and recognized by PIAM, LIAM and employers. • a basis from which the candidates can progress to take the MII Diploma or the Financial Planning Certificate examinations . Objectives •To introduce the nature of insurance •To provide a comprehensive introductory knowledge of the technical and other aspects of insurance including the appropriate skills of insurance selling. •To create an awareness of the importance of insurance in the economy and the significance of the social function of insurance and the role of the insurance agents in bringing about these objectives. •To instill a sense of social and professional responsibility in insurance agents. . Entry Requirement • Candidates intending to sit for the examination must have minimum SPM/MCE with five passes or its equivalent qualification. ( view SPM definition ) .

Upload: miormaria6514

Post on 11-Sep-2014

160 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Pre Contract Examination for Insurance Agents

Pre Contract Examination for Insurance Agents (PCEIA)      

• A compulsory entry requirement for all those who intend to be registered as insurance agents    with Persatuan Insuran Am Malaysia (PIAM) and with the Life Insurance Association of Malaysia    (LIAM) respectively.• For those who intend to pursue a career in insurance.• An induction programme for those entering the world of insurance.

Benefits The examination gives the candidates:

• a working knowledge of insurance, which will at the same time increase the candidates’ proficiency and make their work meaningful and interesting.

 

• a certificate awarded by MII and recognized by PIAM, LIAM and employers.  • a basis from which the candidates can progress to take the MII Diploma or the

Financial Planning Certificate examinations.

Objectives

• To introduce the nature of insurance  • To provide a comprehensive introductory knowledge of the technical and other aspects

of insurance including the appropriate skills of insurance selling.  

• To create an awareness of the importance of insurance in the economy and the significance of the social function of  insurance and the role of the insurance agents in bringing about these objectives.

 

• To instill a sense of social and professional responsibility in insurance agents. .

Entry Requirement

• Candidates intending to sit for the examination must have minimum SPM/MCE with five passes or its equivalent qualification. ( view SPM definition )

 

  .

Syllabus

  With the main aim of providing a comprehensive introductory knowledge in the classes of insurance and the necessary skills in insurance selling, the syllabus is divided into 3 major parts :

 

• Part A – The Basics of Insurance  • Part B – General Insurance  • Part C – Life Insurance .

Syllabus details:-PART A – THE BASICS OF INSURANCE AND MEDICAL and HEALTH

Page 2: Pre Contract Examination for Insurance Agents

INSURANCE1.   INTRODUCTION TO INSURANCE2.   NATURE OF RISK AND ITS MANAGEMENT3.   THE BASIC PRINCIPLES OF INSURANCE AND AN INTRODUCTION TO TAKAFUL4.   THE INSURANCE INDUSTRY IN MALAYSIA5.   CONSUMER PROTECTION AND STATUTORY REGULATION6.  THE INSURANCE CONTRACT7.   LAW OF AGENCY8.   MARKETING & AFTER SALES SERVICES

MEDICAL and HEALTH INSURANCE1.   INTRODUCTION TO MEDICAL AND HEALTH INSURANCE2.   TYPES OF MEDICAL AND HEALTH INSURANCE3.   UNDERWRITING MEDICAL AND HEALTH INSURANCE4.   POLICY ADMINISTRATION5.   MEDICAL AND HEALTH INSURANCE CLAIMS

PART B – GENERAL INSURANCE9.   CHARACTERISTICS OF GENERAL INSURANCE PRODUCTS10.  THE CLASSES OF GENERAL INSURANCE BUSINESS AND GENERAL TAKAFUL BUSINESS11.  PRACTICE OF GENERAL INSURANCE-RISK ASSESSMENT, UNDERWRITING AND RATING12.  INSURANCE DOCUMENTS13.  PRACTICE OF INSURANCE – CLAIMS14.  PRACTICE OF GENERAL INSURANCE-POLICY FORMS15.  PRACTICE OF GENERAL INSURANCE-ETHICS & CODE OF CONDUCT

PART C – LIFE INSURANCE16.  LIFE INSURANCE PRELIMINARIES17.  LIFE INSURANCE PRODUCTS18.  POLICY CONDITIONS19.  PRACTICE OF LIFE INSURANCE – NEW BUSINESS-SELECTION OF LIVES AND OTHER ISSUES20.  PRACTICE OF LIFE INSURANCE-NEW BUSINESS-PREMIUM RATING21.  PRACTICE OF LIFE INSURANCE-MONITORING THE INSURANCE FUND22.  PRACTICE OF LIFE INSURANCE-POLICY DOCUMENTS23.  PRACTICE OF LIFE INSURANCE-CLAIMS24.  SOME MATHEMATICS25.  PRACTICE OF LIFE INSURANCE-ETHICS & CODE OF CONDUCT

WithdrawalWithdrawal and postponement are not permissible after the closing date. However, a credit note valid for three(3) months to the value of 50% of the examination fees will be issued at the sole discretion of the Institute for the benefit of any candidate who is absent

Page 3: Pre Contract Examination for Insurance Agents

on account of illness and whose application for credit, supported by medical evidence reaches the Institute not later than four (7) days after the date of examination registered for.

  Publication of Results  Examination results will be notified about 10 working days after the examination.

Notification of the results will be sent as follows :a) Candidates registered through member companies of PIAM or LIAM :

Through the member company of PIAM or LIAM, which the candidate registered with, approximately ten (10) working days after the examination.

b) Candidates registered directly with the Institute :  By post to the individual candidates approximately ten (10) working days days after the examination.Result will also be published in the Institute website at www.insurance.com.my

The decision of the Examination Committee is in every case final. No request for reconsideration or confirmation will be entertained.The Institute reserves the right to publish examination results whether successes or failures.

  Certificates 

A certificate will be issued to each successful candidate unless the Board of the Institute in the exercise of its discretionary power decides to withhold it.Issuance of certificates will be as follows:

a) Candidates registered through member companies of PIAM or LIAM :Through the member company of PIAM or LIAM, which the candidate registered with, approximately one (1) month from the date of issue of the result notification.

b) Candidates registered directly with the Institute :Personally at the MII Information Centre, Kuala Lumpur, approximately one (1) month from the date of issue of the result  notification.Where the candidate is unable to collect the certificate personally, the candidate may–    authorise someone in writing to collect the certificate on his/her behalf, or–    write in to the Examinations Department, Kuala Lumpur stating the candidate’s name, identity card number and the Candidate’s Examination Number (CEN) together with postage of RM5.00 (Peninsular Malaysia) / RM10.00 (Sabah & Sarawak).

A late collection fee of RM5.00 will be charged if certificate is not collected after 4 months from the examination date.

   

If a certificate is defaced, lost or destroyed, it may be replaced upon a written declaration witnessed by a Commissioner for Oaths and stamped. The declaration is to be submitted to the Institute together with a certificate fee of RM15 (Ringgit Fifteen) before a new certificate can be issued.

Page 4: Pre Contract Examination for Insurance Agents

Every certificate issued or made by the Institute shall, not withstanding the payment of any fees and subscription, remain the property of the Institute and shall be returned by the recipient on demand thereof by the Institute.

Examination Format and Structurea) The examination question paper shall consist of three parts ie. Part A, Part B and Part

C. Part A – Consisting of 50 questions, covers questions particular to Basics of Insurance and Medical and Health Insurance.Part B – Consisting of 50 questions, covers questions particular to General Insurance.    Part C – Consisting of 50 questions, covers questions particular to Life Insurance

b) i.  A candidate must satisfactorily completeParts A and B (General Insurance route), orParts A and C (Life Insurance route) before the candidate can be awarded the Pre-Contract Examination for Insurance Agents’ certificate in either General Insurance route or Life Insurance route respectively.

ii. A candidate who has successfully completed a route (for example, the General Insurance route), may elect to sit the examination for the other route (for example, the Life Insurance route).            In such instance, the candidate need only to attempt either Part B (General Insurance) or Part C (Life Insurance), whichever is appropriate.            A candidate who wishes to sit for Part B or Part C only is required to attach a copy of the examination certificate, which  must be certified as a true copy by the designated authorised person as provided under Regulation XIV of the  Examination Handbook, together with the registration form.

iii.Candidates who have passed the Certificate of Proficiency in General Insurance Examination will be precluded from registering for the Pre-Contract Examination for Insurance Agents’ General Routes (i.e. Parts A+B and Part B).           Candidates who have passed the Life Insurance Pre-Contract Examination or the Basic Examination for Life Insurance Agents (BELA) will be precluded from registering for the Pre-Contract Examination for Insurance

Page 5: Pre Contract Examination for Insurance Agents

Agents’ Life Routes (i.e. Parts A+C and Part C).

c) For Parts A & B and Parts A & C, the examination session is of two (2) hours duration respectively.For Part B only and Part C only, the examination session is of one and a half (1 1/2) hours duration respectively.

Language  The examination will normally be conducted in Bahasa Malaysia, English, Mandarin and Tamil.

Candidates may register for the examination in any one of the languages offered at each examination. However the examination in Tamil language is only held once every 3 months.

Change of Examination Centres, Routes and LanguagesNo request for any change of examination centre, route or language will be considered. Candidates are, therefore, advised to be careful in the completion of the examination registration forms.

  Exemption  Exemption from the Examination may be applied for by candidates who have obtained the qualifications

mentioned below by examination or who have passed examinations which in the opinion of the Examination Committee are of an equivalent standard and scope.

a)Qualifications for exemption under the General Insurance route :-  i)     MII Diploma/Associateship of MII/Fellowship of MII

ii)     Associateship of CII/Fellowship of CIIiii)    Associateship of AII/Fellowship of AIIiv)    Certificate of Proficiency in General Insurancev)     MII Foundation Course in General Insurancevi)    MII Intermediate Refresher Course in General Insurancevii)   MII Compact/Foundation/Intermediate Course for General Insurance Agentsviii)  

MII Insurance Executive Development (IED) course

xi)    MII Certificate Course for General Insurance Agentsx)     ITM Certificate of Insurance/ITM Diploma in Business Studies (Insurance)/ITM

Advance Diploma in Business Studies (Insurance)xi) UKM degree course in Insurancexii) UM degree course in Risk Management & Insurance

b)Qualifications for exemption under the Life Insurance route :-i)     Basic Examination for Life Insurance Agents (BELA)ii)     Life Insurance Pre-Contract Examinationiii)    MII Diploma/Associateship of MII/Fellowship of MIIiv)    Associateship of CII/Fellowship of CII v)     Associateship of AII/Fellowship of AIIvi)    Life Assurance Salesman’s Certificatevii)   Associateship of the Institute of Actuaries

Page 6: Pre Contract Examination for Insurance Agents

viii)  

Associateship of the Society of Actuaries

xi)    Chartered Life Underwriterx)     Fellow of the Life Management Institutexi) ITM Diploma in Business Studies (Life Insurance)xii) ITM Advanced Diploma in Business Studies (Insurance) with a pass in "Life & Health Insurance"xiii) Certificate of Insurance from SITC (Singapore)xiv) UKM degree course in Insurancexvi) UM degree course in Risk Management & Insurance

Applicants seeking exemption should apply to MII in writing, submitting certified copies of relevent certificate(s) and other documentary evidence of qualification together with a processing fee of RM20.00 payable to the MII.Copies of documentary evidence to be submitted must be certified as being true by the following designated authorized person

a) two Associates or Fellows of MII, orb) two Officers of MII, orc) any two of: the General Manager of the Principal Insurance Company, the Branch Manager of the

Principal Insurance Company, a member of the MII Branch Committee and an Associate or Fellow of MII, or

d)a Commissioner for Oaths.

The decision of the Examination Committee in processing applications for exemption is in every case final and no request for reconsideration or confirmation will be entertained.

Powers under the Memorandum and Articles of AssociationUnder the Memorandum and Articles of Association of the Institute, the Board may make, alter or revoke from time to time rules providing for all matters relating to the examinations of the Institute.The Institute reserves the right to withdraw, withhold or invalidate the results or certificates at any time pertaining to any alleged breach of examination regulations and procedures.

Breach of Examination RegulationsThe Board of the Institute and/or its empowered authority will take disciplinary action in relation to any examination candidates found guilty of any dishonorable or unprofessional conduct or committing any breach of examination rules, regulations or procedures.

The decisions of the Board and/or the empowered authority shall be final and binding.

Liability of the InstituteIf the Institute, for reasons outside its control should find it impossible to hold any of its scheduled examinations or if a candidate’s completed examination answer sheet is lost or

Page 7: Pre Contract Examination for Insurance Agents

destroyed, the Institute’s liability shall be limited to a complete refund of the examination fee paid in respect of the examination concerned.

 EXAMINATION ENTRY PROCEDURESPre-Registered Examination Examination Registration Forms

 

Registration must be done through the prescribed examination registration forms. These forms can be obtained from the  MII. Details on the examination registration forms must be carefully completed. Any incomplete form will be rejected. All examination registration forms and payment must be submitted to THE MALAYSIAN INSURANCE INSTITUTE before the  closing date. 

 All examination registration forms must be submitted together with a copy of the SPM/MCE certificate. See entry requirement.

 a) Candidates registered through member companies of PIAM or LIAM:

Through the member company of PIAM or LIAM, which the candidate intends to register with.

 b)  Candidates registered directly with the Institute :

Direct to The Malaysian Insurance Institute, Kuala Lumpur.

2.    Examination FeesAll examination registration forms must be accompanied by an examination fee as follows :i. For Parts A & B : RM50.00ii. For Parts A & C : RM50.00iii. For Part B only : RM35.00iv. For Part C only : RM35.00

All payments must be made by Bank Draft, Postal Order or Money Order and drawn in favour of "THE MALAYSIAN INSURANCE INSTITUTE". Personal cheque will not be accepted.All examination registration forms and fees must reach the Institute before the closing date of the examination registered for.

Examination Entry PermitAll examination entry permits containing details of the candidate, the date, time and venue of the examination will be forwarded to the candidates as follows:

a) Candidates registered through member companies of PIAM or LIAM:Through the member company of PIAM or LIAM, which the candidate registered with, prior to the date of the examination  registered for.

b)Candidates registered directly with the Institute:By post prior to the date of the examination registered for.

Candidates must produce this Examination Entry Permit together with their identity card at the examination hall. Failure to do so will bar the candidate from the examination.Candidates who have not received their examination entry permit three (3) days before the examination date registered for should contact the Institute immediately. A fee will be charged for the issue of a duplicate entry permit.

Page 8: Pre Contract Examination for Insurance Agents

Late Entry ExaminationDetails of the Late Entry Registration are as follows:

1. Eligibility : Only applicants with endorsement of a member company of PIAM or LIAM on their examination entry registration  forms will be eligible for the Late Entry registration.Registration will be on a first-come-first-served basis.

2. Closing Date: Please refer to examination schedule.3. Late Registration Fee :

       i. For Parts A & B : RM55.00      ii. For Parts A & C : RM55.00     iii. For Part B only : RM45.00     iv. For Part C only : RM45.00

4. Registration Procedures

i. Endorsement :All registration forms must be duly endorsed (ie. ‘chopped’ and signed) by a member company of PIAM or LIAM

ii.  Submission of Registration Forms :Forms duly endorsed may be forwarded to MII by mail, through courier service, or by hand directly over the counter at the MII Information Centre, Kuala Lumpur. They may be sent in through member companies of PIAM or LIAM or by the individual applicants. The forms must reach MII before the closing date. Proof of posting will not be proof of receiving.

iii. Mode of payment :Payment must be in the form of Postal Order, Money order or Bank Draft made payable to The Malaysian Insurance  Institute. Personal cheques will not be accepted.

iv. Examination Entry Notification :Examination entry permit will be issued to candidates only through member companies of PIAM or LIAM as indicated on the examination registration form. This permit will also serve as MII’s official receipt. Candidates are advised to contact their Principal Insurance Company if they have not received the Examination Entry Permit one day before the examination date.

v. Important Note :Incomplete registration forms will be rejected. Rejected forms together with the payment will be returned to the member company of PIAM or LIAM indicated in the registration form.

vi. Collection of Examination Entry Permit :Member companies of PIAM or LIAM are expected to collect the examination entry permits from MII on the morning of the Monday on the week of the examination (5 days before the examination date). Member companies of PIAM or LIAM must ensure that each candidate receives the entry permit before the examination.

vii.Forms Received After The Late Entry Closing Date :These registration forms will be processed for the next examination date (i.e. 3 weeks later). No refund will be made for the difference in amount.

   

Certificates

 

Page 9: Pre Contract Examination for Insurance Agents

A certificate will be issued to each successful candidate unless the Board of the Institute in the exercise of its discretionary power decides to withhold it.Issuance of certificates will be as follows:

a) Candidates registered through member companies of PIAM or LIAM :Through the member company of PIAM or LIAM, which the candidate registered with, approximately one (1) month from the date of issue of the result notification.

b) Candidates registered directly with the Institute :Personally at the MII Information Centre, Kuala Lumpur, approximately one (1) month from the date of issue of the result  notification.Where the candidate is unable to collect the certificate personally, the candidate may–    authorise someone in writing to collect the certificate on his/her behalf, or–    write in to the Examinations Department, Kuala Lumpur stating the candidate’s name, identity card number and the Candidate’s Examination Number (CEN) together with postage of RM5.00 (Peninsular Malaysia) / RM10.00 (Sabah & Sarawak).

A late collection fee of RM5.00 will be charged if certificate is not collected after 4 months from the examination date.

   

If a certificate is defaced, lost or destroyed, it may be replaced upon a written declaration witnessed by a Commissioner for Oaths and stamped. The declaration is to be submitted to the Institute together with a certificate fee of RM15 (Ringgit Fifteen) before a new certificate can be issued.

Every certificate issued or made by the Institute shall, not withstanding the payment of any fees and subscription, remain the property of the Institute and shall be returned by the recipient on demand thereof by the Institute.

  Examination Format and Structurea)The examination question paper shall consist of three parts ie. Part A, Part B and Part C.

Part A – Consisting of 50 questions, covers questions particular to Basics of Insurance and Medical and Health Insurance.Part B – Consisting of 50 questions, covers questions particular to General Insurance.    Part C – Consisting of 50 questions, covers questions particular to Life Insurance

b)

i.  A candidate must satisfactorily completeParts A and B (General Insurance route), orParts A and C (Life Insurance route) before the candidate can be awarded the Pre-Contract Examination for Insurance Agents’ certificate in either General Insurance route or Life Insurance route respectively.

ii. A candidate who has successfully completed a route (for example, the General Insurance route), may elect to sit the examination for the other route (for example, the Life Insurance route).            In such instance, the candidate need only to attempt either Part B (General Insurance) or Part C (Life Insurance), whichever is appropriate.

Page 10: Pre Contract Examination for Insurance Agents

            A candidate who wishes to sit for Part B or Part C only is required to attach a copy of the examination certificate, which  must be certified as a true copy by the designated authorised person as provided under Regulation XIV of the  Examination Handbook, together with the registration form.

iii.Candidates who have passed the Certificate of Proficiency in General Insurance Examination will be precluded from registering for the Pre-Contract Examination for Insurance Agents’ General Routes (i.e. Parts A+B and Part B).           Candidates who have passed the Life Insurance Pre-Contract Examination or the Basic Examination for Life Insurance Agents (BELA) will be precluded from registering for the Pre-Contract Examination for Insurance Agents’ Life Routes (i.e. Parts A+C and Part C).

c)For Parts A & B and Parts A & C, the examination session is of two (2) hours duration respectively.For Part B only and Part C only, the examination session is of one and a half (1 1/2) hours duration respectively.

 

  Language  The examination will normally be conducted in Bahasa Malaysia, English, Mandarin and Tamil.

Candidates may register for the examination in any one of the languages offered at each examination. However the examination in Tamil language is only held once every 3 months.

Change of Examination Centres, Routes and LanguagesNo request for any change of examination centre, route or language will be considered. Candidates are, therefore, advised to be careful in the completion of the examination registration forms.

  Exemption  Exemption from the Examination may be applied for by candidates who have obtained the

qualifications mentioned below by examination or who have passed examinations which in the opinion of the Examination Committee are of an equivalent standard and scope.

a)Qualifications for exemption under the General Insurance route :-  i)     MII Diploma/Associateship of MII/Fellowship of MII

ii)     Associateship of CII/Fellowship of CIIiii)    Associateship of AII/Fellowship of AIIiv)    Certificate of Proficiency in General Insurancev)     MII Foundation Course in General Insurancevi)    MII Intermediate Refresher Course in General Insurancevii)   MII Compact/Foundation/Intermediate Course for General Insurance Agentsviii)  

MII Insurance Executive Development (IED) course

xi)    MII Certificate Course for General Insurance Agentsx)     ITM Certificate of Insurance/ITM Diploma in Business Studies (Insurance)/ITM

Advance Diploma in Business Studies (Insurance)xi) UKM degree course in Insurance

Page 11: Pre Contract Examination for Insurance Agents

xii) UM degree course in Risk Management & Insurance

b)Qualifications for exemption under the Life Insurance route :-i)     Basic Examination for Life Insurance Agents (BELA)ii)     Life Insurance Pre-Contract Examinationiii)    MII Diploma/Associateship of MII/Fellowship of MIIiv)    Associateship of CII/Fellowship of CII v)     Associateship of AII/Fellowship of AIIvi)    Life Assurance Salesman’s Certificatevii)   Associateship of the Institute of Actuariesviii)  

Associateship of the Society of Actuaries

xi)    Chartered Life Underwriterx)     Fellow of the Life Management Institutexi) ITM Diploma in Business Studies (Life Insurance)xii) ITM Advanced Diploma in Business Studies (Insurance) with a pass in "Life &

Health Insurance"xiii) Certificate of Insurance from SITC (Singapore)xiv) UKM degree course in Insurancexvi) UM degree course in Risk Management & Insurance

Applicants seeking exemption should apply to MII in writing, submitting certified copies of relevent certificate(s) and other documentary evidence of qualification together with a processing fee of RM20.00 payable to the MII.Copies of documentary evidence to be submitted must be certified as being true by the following designated authorized person

a) two Associates or Fellows of MII, orb)two Officers of MII, orc) any two of: the General Manager of the Principal Insurance Company, the Branch Manager of

the Principal Insurance Company, a member of the MII Branch Committee and an Associate or Fellow of MII, or

d)a Commissioner for Oaths.

The decision of the Examination Committee in processing applications for exemption is in every case final and no request for reconsideration or confirmation will be entertained.

Powers under the Memorandum and Articles of AssociationUnder the Memorandum and Articles of Association of the Institute, the Board may make, alter or revoke from time to time rules providing for all matters relating to the examinations of the Institute.The Institute reserves the right to withdraw, withhold or invalidate the results or certificates at any time pertaining to any alleged breach of examination regulations and procedures.

Breach of Examination RegulationsThe Board of the Institute and/or its empowered authority will take disciplinary action in relation to any examination candidates found guilty of any dishonorable or unprofessional conduct or committing any breach of examination rules, regulations or procedures.

Page 12: Pre Contract Examination for Insurance Agents

The decisions of the Board and/or the empowered authority shall be final and binding.

Liability of the InstituteIf the Institute, for reasons outside its control should find it impossible to hold any of its scheduled examinations or if a candidate’s completed examination answer sheet is lost or destroyed, the Institute’s liability shall be limited to a complete refund of the examination fee paid in respect of the examination concerned.

 EXAMINATION ENTRY PROCEDURESPre-Registered Examination Examination Registration Forms

 

Registration must be done through the prescribed examination registration forms. These forms can be obtained from the  MII. Details on the examination registration forms must be carefully completed. Any incomplete form will be rejected. All examination registration forms and payment must be submitted to THE MALAYSIAN INSURANCE INSTITUTE before the  closing date. 

 All examination registration forms must be submitted together with a copy of the SPM/MCE certificate. See entry requirement.

 a) Candidates registered through member companies of PIAM or LIAM:

Through the member company of PIAM or LIAM, which the candidate intends to register with.

 b)  Candidates registered directly with the Institute :

Direct to The Malaysian Insurance Institute, Kuala Lumpur.

2.    Examination FeesAll examination registration forms must be accompanied by an examination fee as follows :i. For Parts A & B : RM50.00ii. For Parts A & C : RM50.00iii. For Part B only : RM35.00iv. For Part C only : RM35.00

All payments must be made by Bank Draft, Postal Order or Money Order and drawn in favour of "THE MALAYSIAN INSURANCE INSTITUTE". Personal cheque will not be accepted.All examination registration forms and fees must reach the Institute before the closing date of the examination registered for.

Examination Entry PermitAll examination entry permits containing details of the candidate, the date, time and venue of the examination will be forwarded to the candidates as follows:

a) Candidates registered through member companies of PIAM or LIAM:Through the member company of PIAM or LIAM, which the candidate registered with, prior to the date of the examination  registered for.

b)Candidates registered directly with the Institute:By post prior to the date of the examination registered for.

Candidates must produce this Examination Entry Permit together with their identity card at the examination hall. Failure to do so will bar the candidate from the examination.

Page 13: Pre Contract Examination for Insurance Agents

Candidates who have not received their examination entry permit three (3) days before the examination date registered for should contact the Institute immediately. A fee will be charged for the issue of a duplicate entry permit.

Late Entry ExaminationDetails of the Late Entry Registration are as follows:

1. Eligibility : Only applicants with endorsement of a member company of PIAM or LIAM on their examination entry registration  forms will be eligible for the Late Entry registration.Registration will be on a first-come-first-served basis.

2. Closing Date: Please refer to examination schedule.3. Late Registration Fee :

       i. For Parts A & B : RM55.00      ii. For Parts A & C : RM55.00     iii. For Part B only : RM45.00     iv. For Part C only : RM45.00

4.  Registration Procedures

i. Endorsement :All registration forms must be duly endorsed (ie. ‘chopped’ and signed) by a member company of PIAM or LIAM

ii.  Submission of Registration Forms :Forms duly endorsed may be forwarded to MII by mail, through courier service, or by hand directly over the counter at the MII Information Centre, Kuala Lumpur. They may be sent in through member companies of PIAM or LIAM or by the individual applicants. The forms must reach MII before the closing date. Proof of posting will not be proof of receiving.

iii. Mode of payment :Payment must be in the form of Postal Order, Money order or Bank Draft made payable to The Malaysian Insurance  Institute. Personal cheques will not be accepted.

iv. Examination Entry Notification :Examination entry permit will be issued to candidates only through member companies of PIAM or LIAM as indicated on the examination registration form. This permit will also serve as MII’s official receipt. Candidates are advised to contact their Principal Insurance Company if they have not received the Examination Entry Permit one day before the examination date.

v. Important Note :Incomplete registration forms will be rejected. Rejected forms together with the payment will be returned to the member company of PIAM or LIAM indicated in the registration form.

vi. Collection of Examination Entry Permit :Member companies of PIAM or LIAM are expected to collect the examination entry permits from MII on the morning of the Monday on the week of the examination (5 days before the examination date). Member companies of PIAM or LIAM must ensure that each candidate receives the entry permit before the examination.

vii.

Forms Received After The Late Entry Closing Date :These registration forms will be processed for the next examination date (i.e. 3 weeks

Page 14: Pre Contract Examination for Insurance Agents

later). No refund will be made for the difference in amount.

  SPM/MCE Definition

 

a. The SPM or MCE qualification with 5 passes includes a pass in Bahasa Malaysia. The remaining 4 passes can come from any other subjects taken under the SPM/MCE qualification.

b. Other qualifications deemed equivalent or higher than the SPM/MCE qualification are in the below list :IPA (Institut Pengajian Awam) Qualifications

1.Sijil Tinggi Persekolahan (STPM) / Higher School Certificate (HSC) under Ministry of Education, Malaysia

2. Unified Examination - Senior Middle Section with minimum 5 passes, under the Unified Exam Certificate (UEC) for Independent Chinese Secondary School In Malaysia

3. Sijil Pelajaran Vokasional Malaysia (SPVM) with minimum 5 passes, under the Ministry of Education Malaysia

4. Sijil Am Pelajaran (SAP) with minimum 5 passes including Bahasa Malaysia, under the Ministry of Education Malaysia

5. General Certificate of Education (GCE) / "O" Levels with minimum 5 passes under the Ministry of Education Malaysia or Singapore-Cambridge General Certificate of Education

IPTA (Institu Pengajian Tinggi Awam) Qualifications

1.Degrees from Institute of Higher Learning under the Ministry of Education. i.e University Malaya, UUM, UITM etc.

2. Diplomas from Institute of Higher Learning under the Ministry of Education. i.e University Malaya, Politeknik Ungku Omar etc.

3. Certificates from Institute of Higher Learning under the Ministry of Education (provided the candidate had formal education up to FORM Five) i.e Sijil Kejuruteraan Elektrik from Politeknik Ungku Omar

IPTS (Institut Pengajian Tinggi Swasta) Qualifications1. Degrees from local or overseas Institution oh Higher Learning (Universities/Colleges/Polytechnics)2. Diplomas (duration of cource must be at least one year with an examination as part of assessment or at

least 5 subjects/modules (examination based) passed from local or overseas Private Institute of Higher Learning (provoded the candidate had formal education up to Form Five)