Cyprus  Name of qualification  Certificate for Basic  Insurance Training  Certificate for Financial Advisers  Educational background  Secondary School Leaving Certificate  Secondary School Leaving Certificate  Form of examination  Written 3-hour examination.  The examination paper consists  of 40 compulsory multiple answer  questions and six out of eight  essay questions.  Written 3-hour examination. The  examination paper consists of  75 compulsory multiple answer  questions.  Preparation  Self-study or class attendance  based on the textbooks Basic  Elements of Insurance and Legal  Aspects of Insurance  Self-study or class attendance  based on the textbook Financial  Advisers Manual  Candidates  Insurance intermediaries  Insurance and financial  intermediaries  Recognition  Required by the Superintendent  of Insurance for agent registration.  Recognized by the CII as equivalent  with the International Certificate for  Financial Advisers.  Name of qualification  Life Underwriters Training Council  leading to the designation LUTCF  Certificate of Insurance Studies  Educational background  Secondary School Leaving Certificate  Secondary School Leaving Certificate  Form of examination  Credits are assigned to each course  based on the comprehensiveness  of the weekly class sessions,  homework assignments, field  projects, and an examination.  Written 4x 3-hour examination.  The examination paper consists  of 8 short answer and a choice  of 4 out of 6 case study/problem  solving questions.  Preparation  Weekly class sessions with a strictly  80% attendance requirement  Self-study or class attendance  based on textbooks provided  by the Institute  Subjects required  Six subjects    Candidates  Life insurance intermediaries  nominated by participating life  insurance companies  Professional and management  long-term and general insurance  business  Recognition  Recognized and sponsored by life  insurance companies  Recognized by the CII as  equivalent to 3 subjects of its ACII  examinations. Widely accepted by  insurance companies.  Name of qualification  Higher Certificate of Insurance  Studies  Advance Certificate of Insurance  Studies  Educational background  Secondary School Leaving Certificate  Secondary School Leaving Certificate  Form of examination  Written 5x 3-hour examination.  The examination paper consists of  8 short answer and a choice of 4  out of 6 case study/problem solving  questions.  Written 7x 3-hour examination. The  examination paper consists of  8 short answer and a choice of  4 out of 6 case study/problem  solving questions.  Preparation  Self-study or class attendance  based on textbooks provided by  the Institute  Self-study or class attendance  based on textbooks provided by  the Institute  Candidates  Professional and management  long-term and general insurance  business  Professional and management  long-term and general Insurance  business  Recognition  Recognized by the CII as  equivalent to 5 subjects of its ACII  examinations. Widely accepted by  insurance companies.  Recognized by the CII as  equivalent to 7 subjects of its ACII  examinations. Widely accepted by  insurance companies.  Name of qualification  Diploma of Insurance Studies awarded jointly with the Greek Institute  for Insurance Education  Educational background  Secondary School Leaving Certificate and/or graduate of the  Greek Institute of Insurance Studies  Form of examination  Written 7x 3-hour examination. The examination paper consists of  8 short answer and a choice of 4 out of 6 case study/problem solving  questions. Graduates of the Greek Institute of Insurance Studies are  granted four exemptions.  Preparation  Class attendance based on textbooks provided by the Institute  Candidates  Professional and management long-term and general insurance business  Recognition  Recognized by the CII as equivalent to 7 subjects of its ACII examinations.  Widely accepted by insurance companies.