FAQ
| Q: | Is there a list of exam venues available? |
| A: | People should contact the Examination Bodies such as Moonstone for this information. See website address for Moonstone on the Fit4FAIS Info sheet that was handed out at the training session. |
| Q: | Can exams be written in Afrikaans? |
| A: | No, the exams are only going to be made available in English. |
| Q: | How does one apply to write the exam? |
| A: | Contact an Examination Body - see Web site addresses on the general informtion document. |
| Q: | Must short term insurance brokers that sit on a call centre be registered as representatives? |
| A: | Yes, most definitely. No-one may render advice or provide an intermediary service unless that are authorised to do so in terms of Section 7,8 and 13 of the FAIS Act. This includes call centres who market financial products. If anyone renders advice and/or provides an intermediary service without authorisation they are in breach of the FAIS Act. |
| Q: | Must short term insurance brokers that sit on a call centre be registered as representatives? |
| A: | Yes, most definitely. No-one may render advice or provide an intermediary service unless that are authorised to do so in terms of Section 7,8 and 13 of the FAIS Act. This includes call centres who market financial products. If anyone renders advice and/or provides an intermediary service without authorisation they are in breach of the FAIS Act. |