ROUTES: IVASS - CONSOB UPDATE
Ivass Thematic Area: CONTRACTUAL AND PRODUCTS
Ivass Area Module: 6. Assessment of the financial risks borne by policyholders
Consob Thematic Macro Area: CHARACTERISTICS OF FINANCIAL INSTRUMENTS
ESMA criteria point V.III: Letter to

OBJECTIVES

The course aims to provide information on new generation insurance products and on the "financialization" of life policies. The characteristics and management aspects of the Index and Unit Linked contracts are then specifically analyzed.

DURATION

1 hours

CONTENTS

Module 1 - The social economic function of a life insurance policy

  • Screenwriting
  • Savings management
  • Terms and Conditions
  • Forms of life insurance
  • Macro areas of intervention
  • Calculation of the premium
  • Position of the policyholder - Investment instruments
  • Index and Unit Linked Contracts
  • Linked policies
  • Learning Stop

 

Module 2 - Index Linked Policies

  • Screenwriting
  • Definition of the policy
  • Index Linked Policy
  • Management
  • Performance indexing - the options
  • Exotic Options
  • Financial risk
  • Demographic risk
  • Options under contract
  • Input
  • output
  • Learning Stop

 

Module 3 - Unit Linked Policies

  • Screenwriting
  • Unit Linked Policy
  • Performance trend
  • Fund classification
  • Multi-branch policies
  • Financial risk
  • Demographic risk
  • Options under contract
  • Automatic switches
  • Input
  • output
  • Learning Stop

 

TECHNICAL REQUIREMENTS:

Acrobat Reader

PDF documents are exported for version 5 but are compatible with later versions of Acrobat Reader released up to the date of update of this file.

Browser

  • Internet Explorer 10
  • Internet Explorer 11
  • Mozilla Firefox
  • Google Chrome

JavaScript enabled

Pop-up blocker disabled

Minimum video resolution

The courses are optimized for a 1024 × 768 display on PCs and tablets of at least 7 inches.

Speakers or headphones (in case of multimedia products)

DATA TRACKING METHOD: SCORM 1.2

Certification / Certificate:

Final reports and certificate of use compliant with the provisions of the IVASS Regulation.

DEVELOPMENT TECHNOLOGY:

HTML5

PRODUCED BY:

PIAZZA COPERNICO

Content edited by: Assoreti Training

Teaching: Nicoletta Marinelli

COURSE CODE:

0071_19_04