Skills Unit
LA509-00

Building Loss Adjustment


Looks at the purpose of building insurance and what constitutes a loss, insurable interest and proximate cause, differences between the building insurance policies available and the types of issues when conducting a building loss adjustment. This module also covers the loss adjuster’s role in building claims, the process of investigation and verification of a building claim and investigating a loss caused by fire.

20 CIP Points
Building Loss Adjustment
AUD $915
Claims
12 weeks
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What you'll learn

Upon completion of the program, participants should be able to:

  • describe the purpose of building insurance
  • explain what constitutes a loss
  • explain the concept of insurable interest
  • identify and explain the differences between the building insurance policies available on the market
  • explain the loss adjuster’s role in building claims
  • explain the concept of proximate cause
  • explain the process of investigation and verification of a building claim
  • identify and describe the types of issues loss adjusters must deal with when conducting a building loss adjustment
  • identify and describe what is involved when investigating a loss caused by fire
  • identify and describe the types of information that must be assessed prior to forming an opinion regarding the cause of a fire.

Competencies

FNSISV506A Investigate claims

Online Assignment

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

Online Exam

  • Pass Grade: 50%
  • Duration: 120min
20 CIP Points
Building Loss Adjustment
AUD $915
Claims
12 weeks
Enrol Now