Availabilities:
| Location | Domestic | International |
|---|---|---|
| Gold Coast | ||
| Online |
Unit Summary
Pre-requisites
FINC2005 - Principles of Financial Planning AND FINC2006 - Ethics and Professionalism
Unit aim
Introduces students to insurance and risk management including an overview of the insurance industry, insurance law and contracts, insurance products (personal, general and compulsory insurance); and strategies, taxation, and the claims process. Students will engage in teacher directed activities and experiences relevant to responsible insurance and risk management and the provision of advisory recommendations to clients.
Unit content
Topic 1a: Insurance and Risk Management
Topic 1b: Insurance Law
Topic 2a: Insurance Contracts
Topic 2b: Insurance Products - Personal
Topic 3a: Insurance Products - General
Topic 3b: Insurance Products - Compulsory
Topic 4a: Insurance Strategies
Topic 4b: Insurance and Taxation
Topic 5a: The Insurance Claims Process
Learning outcomes
Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.
| On completion of this unit, students should be able to: | |
|---|---|
| 1 | demonstrate an understanding of insurance contracts and how they are constructed, the claims process, and regulatory and legal framework |
| 2 | identify and evaluate key insurance and risk management areas |
| 3 | determine and assess client insurance coverage and risk management objectives in a range of contexts |
| 4 | develop insurance and risk management strategies and provide advisory recommendations. |
On completion of this unit, students should be able to:
- demonstrate an understanding of insurance contracts and how they are constructed, the claims process, and regulatory and legal framework
- identify and evaluate key insurance and risk management areas
- determine and assess client insurance coverage and risk management objectives in a range of contexts
- develop insurance and risk management strategies and provide advisory recommendations.
Prescribed texts
- No prescribed texts.