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

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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:

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

After completing the training and passing the online exam (proctoring), you will receive your certificate in the next 48h (working days) on our platform. : Click here to find more information about the online exam (proctoring)

The new examination structure will take effect as from January 1, 2021. 

Price per module: (syllabi, exercises with exam): 430€ members / 480€ non-members

 

Category Insurances
Level Basic
Learning format E-learning, E-learning - distance learning

Training course with exam

Total price *

Members: € 1.720
Non-members: € 1.920
Partners/ BZB: € 1.720
Incompany: tailor-made, prices on request

* Are you entitled to an allowance or subsidy?
* Price: service in the context of continuing professional training, exempt from VAT

Training course with exam

Target group

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.

Required prior knowledge

Basic level: mainly theoretical concepts are covered (initiation exam).

Programme

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 161 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

 

REGISTRATION PROCEDURE : How do you get started with this training course?

1. You register for this exam/retake via the ‘register’ button. Please use the same e-mail address for each new registration.

2. In the last step for the registration form, you can choose to pay either online or by bank transfer. Once you have received a registration confirmation, we will send you the invoice by e-mail.

3. After payment of the invoice, your registration will be processed further in our system and you will receive an e-mail with your personal activation link to our digital learning platform. Our digital learning platform includes syllabi, exercises, exam and certificate.

4. On our digital learning platform you can choose a date on which you want to take the exam. 

 

EXAM INFORMATION

CPD hours

Each module includes an online test consisting of multiple-choice questions. CPD hours will only be granted if you pass the test. You are entitled to 2 attempts to pass the test. If you do not pass (result lower than 60%), CPD hours will not be granted for this (sub)module. We therefore recommend that you take the test only when you are sure you master the subject matter. 

Results

If your result is positive, you will find a certificate accredited by the FSMA on your own account within our digital learning platform proving that you have passed the exam (indicated per module) and which demonstrates that you have the required technical knowledge.

If you have not passed one or more exams, you can register for a resit on MyFebelfinAcademy. 

When choosing a new date, a waiting period of 15 days needs to be respected. This period of 15 days commences on the day following the date of the exam for which you were not successful. For example: if you took an exam on 1 September, you can retake it on a date after 16 September.

Practical information

Exam location: Online (procoring) Click here to find more information about the online exam (proctoring)

Price per module:

  • Members (with syllabi, exercises on platform en examen):  430€
  • Non-members (with syllabi, exercises on platform en examen): 480€
  • Partner (BZB/Fedafin - with syllabi, exercises on platform en examen): 430€
  • Retake exam: 250€

 

 

Methodology

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