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Location Domestic International
Gold Coast
Term4
Term4
Online
Term4
Term4

Unit Summary

Unit type

UG Coursework Unit

Credit points

12

Unit aim

Introduces students to insurance and risk management. 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

Module 1: Insurance and Risk Management and Insurance Law

Module 2: Insurance Contracts

Module 3: Insurance Products (Personal)

Module 4: Insurance Products (General and Compulsory)

Module 5: Insurance Strategies

Module 6: Insurance and Taxation and 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:

  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.

Prescribed texts

  • McKeown, W, Olynyk, M, Ciancio, L and La, D, 2020, Financial Planning, Essentials, 3rd ed, Wiley. ISBN: 9780730385738.
  • Teale, J, 2019, Insurance and Risk Management: The Definitive Guide, 4th ed, John Teale.
Prescribed texts may change in future teaching periods.