The Insurance Charities has put out a call for insurance industry employees and former employees impacted financially by the coronavirus pandemic to apply for full funding for qualifications provided by the Chartered Insurance Institute. The initiative follows a donation of £25,000 from the professional body’s education and training trust, which estimates up to 100 individuals could benefit.

Applicants do not need to be members of the CII to request funding for their learning and development, but they must have worked in the insurance industry and wish to complete studies to further their career.

To qualify for the assistance, applicants must be a current or past UK or Irish insurance/financial planning employee and be looking to engage in independent study, which will be of direct benefit to their career and which is not financed by an employer or is not free at the point of delivery. Applicants must also be unable to finance the studies from their income and have less than £8,000 in savings.

Annali-Joy Thornicroft, chief executive of Insurance Charities, commented: “This new fund will help employees impacted by the current pandemic by not only contributing to their personal development, but by offering a stepping-stone to a more secure future in these uncertain times.”

For those who do not qualify for the scheme, the CII continues to offer a 20% discount on digital learning materials available for both members and non-members who have been furloughed or seen a material reduction in their income.

Share Story: