Skills Unit
LA502-15

Loss Adjusting Practice

Concentrates on the types of instructions received by loss adjusters, the terms of reference and how they impact on the loss adjusting assignment, and the steps involved in planning loss adjusting investigation. This module also covers the key techniques used when collecting and analysing evidence, the steps involved in validating a claim and establishing quantum, and recovery rights and demands.

20 CIP Points
Loss Adjusting Practice
AUD $915
Claims
12 weeks
Enrol Now

What you'll learn

  • Describe the types of instructions received by loss adjusters and from whom
  • Define terms of reference and explain how they impact on the loss adjusting assignment
  • Identify and explain the steps involved in planning the loss adjusting investigation
  • Describe the key techniques used when collecting and analysing evidence
  • Identify and explain the steps involved in validating a claim
  • Identify and explain the steps involved in establishing quantum
  • Define recovery rights and explain how to issue a recovery demand
  • Identify the key sources of recovery rights
  • Identify and explain the steps involved in reporting findings of the loss adjusting investigation
  • Explain the types of guidance provided by loss adjusters and to whom.

Competencies

FNSILA501 Plan and implement loss investigation
FNSILA502 Evaluate collected information
FNSILA503 Report findings and provide guidance to involved parties

Online Assignment

  • Pass Grade: students must be assessed as competent in all assignment questions

Online Exam

  • Pass Grade: 50%
  • Duration: 90min
20 CIP Points
Loss Adjusting Practice
AUD $915
Claims
12 weeks
Enrol Now