We are not taking new students for the current version of the Certificate IV in Life Insurance (FNS41515) due to the development of the Life Insurance Professional Standards Framework. The updated qualification will be available from late October 2021. Continuing students who are part way through can enrol by contacting Customer Service at [email protected] or phone 03 9613 7200.
Skills Unit
LIBF41-15

Business Fundamentals for Life Insurance

This unit looks at the skills and knowledge participants in the financial services sector need to perform everyday job tasks in an effective and efficient manner. It also identifies the expected industry professional approaches to working with guidelines, procedures, legislation and codes of practice.

5 CIP Points
Business Fundamentals for Life Insurance
AUD $250
Claims Life and Retirement Income Insurance Broking General Insurance
Open Study Period
10 Credit Points
Foundation

Students must be currently employed to complete the Workplace Observation form included in the Business Fundamentals Unit.

This Module has a workplace assessment in the form of a Workplace Skills Observation (WPO). The WPO is due within 6 weeks of you completing the online assessment. Download the Workplace Skills Observation Form

What you'll learn

  • identify and apply financial services industry guidelines, procedures and legislation
  • communicate effectively in the workplace
  • identify a safe working environment
  • describe the workplace technology required to complete everyday work tasks
  • participate in and facilitate work team activities
  • plan work to be completed, taking into consideration:
    - time
    - resources
    - other constraints.

Competencies

  • FNSINC301 Work effectively in the financial services industry
5 CIP Points
Business Fundamentals for Life Insurance
AUD $250
Claims Life and Retirement Income Insurance Broking General Insurance
Open Study Period
10 Credit Points
Foundation