What is the duration of the course?

The Savings Insurance Schemes course has 37 hours duration.

Can I change my learning mode from self-paced to instructor-led training programs?

Yes. A professional can change the mode of learning from self-paced to instructor-led training by consulting with their HH buddy.

Are there any weekend batches available?

Yes. There are multiple weekend batches available.

Does Henry Harvin® offer Corporate Training?

We are happy to inform you that Henry Harvin® has exclusive corporate training sessions with experts on board.

Can I take a break from the classes during the course?

Well, there is no such option of taking a break from the classes in an ongoing course. Instead, professionals can change their batch from instructor-led to self-paced training classes

Saving Insurance Scheme Course

Q: Does Henry Harvin® offer Corporate Training?

We are happy to inform you that Henry Harvin&reg; has exclusive corporate training sessions with experts on board.

Module 1: Introduction to Savings and Insurance Schemes

Understand the importance of savings and insurance in personal financial planning. Explore the concept of risk management and the role of insurance in providing financial security. Gain insights into the various types of savings and insurance schemes available to individuals.

Importance of Savings and Insurance in Financial Planning
Risk Management and the Need for Insurance
Overview of Savings and Insurance Schemes

Module 2: Savings Accounts and Basic Banking Products

Learn about savings accounts and their features. Understand the benefits of basic banking products, such as checking accounts and money market accounts. Explore the role of savings accounts in financial stability and liquidity management.

Savings Account Features and Benefits
Checking Accounts and Transactional Banking
Money Market Accounts and High-Yield Savings

Module 3: Deposit Schemes and Time-bound Savings Plans

Explore deposit schemes, such as fixed deposits and recurring deposits. Understand the features and benefits of time-bound savings plans. Learn about the interest rates and maturity periods associated with deposit schemes.

Fixed Deposit (Time Deposit) Schemes
Recurring Deposit Accounts
Monthly Income Schemes and Other Time-bound Savings Plans

Module 4: Retirement Savings and Pension Plans

Understand the importance of retirement savings and long-term financial planning. Explore the various retirement savings and pension plans available in the market. Learn about tax benefits and other incentives associated with retirement savings schemes.

Individual Retirement Accounts (IRAs)
Employer-sponsored Pension Plans (401(k), 403(b), etc.)
Annuities and Deferred Compensation Plans

Module 5: Education Savings and College Funds

Learn about education savings plans and their role in funding higher education. Understand the tax advantages and investment options in college funds. Explore strategies for maximizing returns and minimizing risks in education savings.

529 College Savings Plans
Coverdell Education Savings Accounts (ESAs)
Custodial Accounts and UTMA/UGMA

Module 6: Insurance Basics and Types of Insurance Policies

Explore the fundamentals of insurance and the concept of risk transfer. Learn about various types of insurance policies, such as life, health, and property insurance. Understand the coverage, premiums, and claims process for different insurance policies

Introduction to Insurance and Risk Transfer
Life Insurance Policies and Coverage Options
Health Insurance Plans and Medical Coverage

Module 7: Auto and Home Insurance

Learn about auto insurance and its importance for vehicle owners. Understand the features and coverage options in home insurance policies. Explore the factors affecting insurance premiums and ways to reduce costs.

Auto Insurance Coverage and Requirements
Homeowner's Insurance and Property Protection
Bundling and Discount Opportunities

Module 8: Health and Medical Insurance

Explore health insurance plans and their role in providing medical coverage. Understand the various types of medical insurance, including individual and group plans. Learn about the Affordable Care Act (ACA) and its impact on health insurance.

Health Insurance Options and Managed Care Plans
Group Health Insurance and Employee Benefits
ACA Marketplace and Health Insurance Exchanges

Module 9: Life Insurance and Wealth Protection

Understand the purpose of life insurance in providing financial security to beneficiaries. Explore the different types of life insurance policies, such as term life and whole life insurance. Learn about estate planning and wealth protection through life insurance

Term Life Insurance and Temporary Coverage
Whole Life Insurance and Permanent Protection
Estate Planning and Life Insurance Trusts

Module 10: Disability and Long-Term Care Insurance

Learn about disability insurance and its role in income protection. Understand the importance of long-term care insurance for healthcare expenses in old age. Explore the features and coverage options in disability and long-term care policies.

Disability Insurance and Income Replacement
Long-Term Care Policies and Coverage Considerations
Hybrid Insurance Products: Combining Disability and Long-Term Care Coverage

Module 11: Critical Illness and Supplemental Insurance

Explore critical illness insurance and its coverage for severe medical conditions. Understand the benefits and drawbacks of supplemental insurance policies. Learn about accident insurance, hospital indemnity, and other supplemental coverage

Critical Illness Insurance and Major Health Conditions Coverage
Supplemental Insurance Policies: Accident, Hospital Indemnity, and Cancer Insurance
Group Insurance and Voluntary Benefit Plans

Module 12: Travel Insurance and Protection

Learn about travel insurance and its role in covering travel-related risks. Understand the different types of travel insurance, such as trip cancellation and medical coverage. Explore the benefits and limitations of travel insurance policies.

Types of Travel Insurance: Trip Cancellation, Travel Medical, and Baggage Coverage
Travel Insurance Claims and Assistance Services
International Travel Insurance and Schengen Visa Requirements

Module 13: Insurance Claims and Settlement Process

Understand the process of filing insurance claims and the documentation required. Learn about the investigation and settlement process for different types of insurance claims. Explore the role of insurance adjusters and the importance of timely claim settlement.

Insurance Claim Filing and Documentation
Claims Investigation and Adjuster's Role
Timely Claim Settlement and Dispute Resolution

Module 14: Cyber Insurance and Data Protection

Learn about cyber insurance and its role in covering cyber risks and data breaches. Understand the coverage options and limitations in cyber insurance policies. Explore the importance of data protection and cybersecurity measures for businesses.

Cyber Insurance Coverage and Risk Assessment
Data Breach Liability and Cyber Extortion Coverage
Cybersecurity Best Practices for Businesses

Module 15: Sustainable and Green Insurance

Explore the concept of sustainable and green insurance and its role in promoting environmental responsibility. Understand the coverage options for eco-friendly businesses and environmentally conscious consumers. Learn about the growing importance of ESG (Environmental, Social, and Governance) criteria in insurance underwriting.

Introduction to Sustainable and Green Insurance
Eco-Friendly Business Insurance and Green Coverage
ESG Criteria and Sustainable Investing in Insurance

Module 16: Insurance for Non-Profit Organizations and Social Enterprises

Learn about insurance solutions tailored for non-profit organizations and social enterprises. Understand the unique risks faced by these entities and the coverage options available. Explore the role of insurance in protecting the mission and assets of non-profits and social enterprises.

Risk Assessment for Non-Profit Organizations
Insurance Coverage for Social Enterprises
Tailored Insurance Solutions for Non-Profit Entities

Module 17: Microinsurance and Financial Inclusion

Explore the concept of microinsurance and its importance in expanding financial inclusion. Understand the unique features and challenges of microinsurance products. Learn about the role of microinsurance in protecting low-income individuals and vulnerable communities

Introduction to Microinsurance and Financial Inclusion
Microinsurance Products and Market Penetration
Social Impact of Microinsurance Initiatives

Module 18: Insurance in the Digital Age

Learn about the digital transformation of the insurance industry. Understand the use of technology in insurance distribution, underwriting, and claims processing. Explore the benefits and challenges of insurtech and online insurance platforms.

Insurtech and the Digitization of Insurance Processes
Digital Insurance Distribution and Customer Engagement
Blockchain and Smart Contracts in Insurance

Module 19: Ethics and Professionalism in Insurance

Explore ethical considerations in insurance practices and sales. Understand the importance of professionalism and transparency in insurance transactions. Learn about codes of conduct and ethical standards for insurance professionals.