Units treated as equivalent
Due to the extent of syllabus overlap, certain combinations of current and withdrawn CII units will result in only one award of credits.
If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.
Where two of these units are held, the higher of the two credit figures will be added to your CII Learning Statement. However, should you wish, you may still choose to sit an 'overlapping' unit in order to enhance your knowledge (for which you will gain no credits).
Important note: For FCA 'appropriate qualifications', such as the Diploma in Regulated Financial Planning or Certificate in Securities Advice and Dealing, all learning outcomes must be matched in order for an exemption to be given against its units.
In terms of current and withdrawn CII units, only units CF3 and J08 have this degree of learning outcome match against the comparable new units, R05 and R06, respectively.
General insurance units
|
Existing unit title |
Credits and level |
Current unit title |
Credits and level |
|
(IF1) Insurance, legal and regulatory |
15 - Certificate |
(EP1) Insurance, legal and regulatory (EPA) |
15 - Certificate |
|
(LM1) London market insurance essentials (EP2) London market insurance essentials (EPA) |
10 - Certificate |
||
|
(W01,W02, WH1, HGT, WM1) Award in general insurance (non-UK / Hong Kong)* |
15 - Certificate |
||
|
(IF3) Insurance underwriting process |
15 - Certificate |
(LM3) London market underwriting principles |
15 - Certificate |
|
(WUE, WUA, WUT) Insurance Underwriting (non-UK)* |
|||
|
(IF4) Insurance Claims Handling Process |
15 - Certificate |
(WCE, WCA, WCT) Insurance Claims Handling (non-UK)* |
15 - Certificate |
|
(IF9) Customer Service In Insurance |
15 - Certificate |
(W04) Award in Customer Service in Insurance (non-UK)* |
15 - Certificate |
|
Withdrawn unit title |
Credits and level |
Current unit title |
Credits and level |
|
(P01) Insurance practice and regulation / (P02) Long-term insurance |
20 - Diploma |
(LM1) London market insurance essentials (EP2) London market insurance essentials (EPA) |
10 - Certificate |
|
(IF1) Insurance, legal and regulatory (EP1) Insurance, legal and regulatory (EPA) |
15 - Certificate |
||
|
(IF2) General insurance business |
15 - Certificate |
||
|
(W01,W02, WH1, HGT, WM1) Award in general insurance* |
15 - Certificate |
||
|
(P04) Business practice |
20 - Diploma |
(M92) Insurance business and finance |
25 - Diploma |
|
(P16) Healthcare insurance (IN7) Indian Healthcare Insurance Products* |
25 - Diploma |
(IF7) Healthcare insurance products |
15 - Certificate |
|
(P03) Legal aspects of insurance |
20 - Diploma |
(M05) Insurance law |
25 - Diploma |
|
(520) Company and contract law |
30 - Advanced Diploma |
||
|
(655) Risk management |
30 - Advanced Diploma |
(M67) Fundamentals of risk management |
25 - Diploma |
|
(770) Principles of marine insurance |
30 - Advanced Diploma |
(M98) Marine hull and associated liabilities |
30 - Diploma |
|
(780) Aviation insurance |
30 - Advanced Diploma |
(M91) Aviation and space insurance |
30 - Diploma |
|
(815) Underwriting management |
30 - Advanced Diploma |
(960) Advanced underwriting |
30 - Advanced Diploma |
|
(LLMIT) Lloyd's & London Market Introductory Test / (LIT) Lloyd's Introductory Test |
15 - Certificate |
(LM1) London market insurance essentials (EP2) London market insurance essentials (EPA) (LM2) London market insurance principles and practices |
15 - Certificate |
* Only available to non-UK candidates.
"P" units that moved to "M" units are not listed but are treated as equivalent e.g. P92 and M92.
There are a number of other limitations to gaining credits for London market qualifications. If you hold historic London Market units or qualifications, please contact us for further information.
Financial services units
|
Withdrawn unit title |
Credits and level |
Current unit title |
Credits and level |
|
(J01) Personal tax(see important note below) |
20 - Diploma |
(R03) Personal taxation |
10 - Diploma |
|
(J04) Pension funding options(see important note below) |
20 - Diploma |
(R04) Pensions and retirement planning |
10 - Diploma |
|
(J06) Investment principles, markets and environment(see important note below) |
20 - Diploma |
(R02) Investment principles and risk |
20 - Diploma |
|
(G70) Investment portfolio management |
30 - Advanced |
(RO2) Investment principles and risk |
20 - Diploma |
|
(H15) Supervision and sales management |
30 - Advanced |
(J07) Supervision in a regulated environment |
20 - Diploma |
|
(H25) Holistic financial planning |
30 - Advanced |
(AF5) Financial planning process |
30 - Advanced |
|
(J08) Financial planning practice |
30 - Diploma |
(R06) Financial planning practice |
30 - Diploma |
|
(MAQ) Mortgage Advice Qualification |
20 - Diploma |
(CF6) Mortgage advice |
20 - Certificate * |
|
(CF7) Lifetime mortgage activities |
15 - Certificate |
(ER1) Equity release |
15 - Certificate * |
|
(HR1) Home reversion plans |
5 - Certificate |
||
|
(CF3) Financial protection |
10 - Certificate |
(R05) Financial protection |
10 - Certificate |
|
(FP1) Financial services and their regulation |
15 - Certificate |
(CF1) UK financial services, regulation and ethics |
15 - Certificate |
|
(FA7) Financial services products |
20 - Certificate |
(LP2) Financial Services Products and Solutions |
20 - Certificate |
Important note: For FCA 'appropriate qualifications', such as the Diploma in Regulated Financial Planning or Certificate in Securities Advice and Dealing, all learning outcomes must be matched in order for an exemption to be given against its units. In terms of current and withdrawn CII units, only units CF3 and J08 have this degree of learning outcome match against the comparable new units, R05 and R06, respectively.
* Diploma-level if completed by CII exam prior to 2007.