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.
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