IFMP Non-Life Insurance Agents Certification (NLIAC), Pakistan study plan

Define the core principles of insurance (insurable interest, indemnity, utmost good faith, proximate cause, subrogation, contribution) and state in your own words how each applies to a Pakistani non-life policy

Distinguish the main classes of non-life business written in Pakistan (fire/property, marine, motor, engineering, liability, health, miscellaneous) and list the typical policy forms used in each

Explain the roles of the key parties and regulators in the Pakistani market, including insurer, reinsurer, broker, agent, surveyor and the Securities and Exchange Commission of Pakistan (SECP)

Map the legal framework governing non-life insurance in Pakistan, including the Insurance Ordinance 2000 and the SECP Insurance Rules, at a headline level

Trace the life cycle of a non-life policy from proposal and underwriting through issuance, endorsement, renewal and cancellation

Identify the information collected on a proposal form and explain why each item matters to the underwriter

Describe the different distribution channels for non-life products in Pakistan and the specific duties and limitations of an insurance agent

Explain how premium is calculated for at least three classes, distinguishing rate, exposure base and discounts/loadings

Analyse the structure of a non-life policy wording: recitals, operative clause, exclusions, conditions, definitions and schedule

Interpret common exclusions and conditions and explain how they affect a claim outcome

Compare the cover provided by standard fire, marine cargo, motor and personal accident policies

Explain the principle of average, underinsurance and its effect on a claim settlement

Explain the claims notification process and the agent's role in assisting a policyholder at the time of loss

Describe the surveyor's function, the loss assessment process and the documents required in a non-life claim

Apply the principles of indemnity, subrogation and contribution to worked claim scenarios

Identify common causes of claim repudiation and how an agent can help avoid them

Explain the purpose and mechanics of reinsurance and the difference between facultative and treaty arrangements

Describe the underwriting cycle and the factors that influence pricing and capacity in the non-life market

Outline the financial statements of a non-life insurer, focusing on premium income, claims, reserves and solvency

Explain the role of the SECP in solvency regulation and policyholder protection

Apply the agent's code of conduct and selling standards to realistic client scenarios

Demonstrate the disclosure obligations owed to a client at the point of sale, including exclusions and premium payment terms

Explain anti-money-laundering and know-your-customer requirements as they apply to an insurance agent

Describe how to handle a client complaint or a disputed claim professionally and within regulatory expectations

Consolidate all domain-1 topics into a personal revision sheet covering principles, products, underwriting, claims and regulation

Complete a timed 60-question practice set and categorise every error by topic

Re-study the three weakest topics identified from the practice set

Explain the difference between the roles of agent, broker and surveyor in a way a client would understand

Review the full syllabus checklist and confirm every learning outcome can be explained without notes

Complete two full-length timed mock exams under exam conditions

Refine exam technique for scenario and calculation questions, including how to eliminate distractors

Prepare a final one-page summary of the highest-risk facts and figures to review on exam day