This module is no longer being offered to new students. Continuing students who are part way through can enrol by contacting Customer Service at [email protected] or phone 03 9613 7200.
Skills Unit
RPS502-15
Introduction to General Insurance
This module provides you with an overview of general insurance in Australia, with particular reference to: general insurance principles, the regulatory framework and relevant laws governing insurance in Australia, industry roles and responsibilities, types of insurances (including a range of commercial insurances), an overview of underwriting and claims management and the concepts of risk and insurance.
20 CIP Points
Introduction to General Insurance
AUD $845
Risk Management
12 weeks
What you'll learn
- Define insurance and explain its function in society
- Identify and explain the roles of key insurance sector regulators and supporting organisations
- Identify some key legislation and regulations governing the insurance sector
- List some of the main policies under commercial lines of insurance
- Identify and explain some of the key features and benefits of commercial policy coverage
- Explain the concept of risk and identify examples of insurable and non-insurable risks
- Explain the functions and processes of underwriting
- Explain the key steps in claims management
Competencies
FNSISV401 Evaluate risk for new business
Online Assignment
- Pass Grade: students must be assessed as competent in all assignment questions
Online Exam
- Pass Grade: 50%
- Duration: 90min