LA30108-20
Liability loss adjustment
This unit describes the skills and knowledge required to select techniques and provide appropriate advice and services when loss adjusting liability claims. It includes determining liability and the extent of loss, and loss mitigation and recovery options for liability types of insurance loss or damage.
Who this course applies to
It applies to individuals working in the loss adjusting sector who use specialised knowledge, analytical skills and techniques to complete their work within organisations of various sizes and across a range of customer bases.
What you will learn
On completion of this unit, you will be able to effectively:
- establish facts and options for loss mitigation
- analyse facts and determine liability and extent of loss
- communicate with required parties
- determine options for recovery
Competency
FNSILA508 Provide specialist liability loss adjusting advice and services
Topics
- Liability loss
- Standards and responsibilities of a loss adjuster
- Principles of law
- Liability policies
- Applying policy wording to a claim
- Evaluating legal liability
- The determination of liability
- Defences to legal liability
- Communicating with the client
- Investigation and verification
- Parties to the claim
- Evidence
- Recovery
- Loss mitigation
Assessment
1 Exam, 1 Integrated Workbook and 1 Observation Checklist
See the Assessment and Academic Calendar pages for more information.