General Insurance

Course Overview

General Insurance provides an understanding of the knowledge and skills an adviser or support staff requires to provide general product advice in relation to motor vehicle, consumer credit, health, travel, home and contents insurance.

This course can also be completed Distance Education: GenIns-O - General Insurance.

This is a stand alone course that is listed on the ASIC training register and provides partial recognition towards a nationally recognised qualification - the Diploma of Financial Services (Financial Planning) (DFS-C - Classroom or DFS-O - Distance Learning).

Prerequisites

Please note that this course can only be undertaken once you have successfully completed either of the following two courses:

• General Advice (GenAdv-C - Classroom / GenAdv-O - Distance Learning); or
• Financial Advice (DFS1-C - Classroom / DFS1-O - Distance Learning).

2007 Financial Services Industry Benchmarking Report

Click here to receive a copy of the 2007 Financial Services Industry Benchmarking Report

Delivery Method

Classroom - Monthly classes in most capital cities, facilitated by experienced adviser.

Location

Sydney, Melbourne, Brisbane.

Total Learning Time

1 day (plus pre-reading)

Other Delivery Options

Insurance Specialist Course Distance Education (GenIns-O) Insurance Individual Diploma Course Distance Education (DFS2-O) or Classroom (DFS2-C) Insurance and General Advice If you only intend to inform clients about a product without making a recommendation

Distance Education (Ins-GAdv-O) or Classroom (Ins-GAdv-C) Insurance and Personal Advice If you intend to recommend a product taking a clients personal situation into account

Distance Education (Ins-PAdv-O) or Classroom (Ins-PAdv-C)

Course Content (Insurance)

Unit 1: Understanding Insurance

• What is insurance (Risk management, insurance products, insurance market, insurance product development and pooling risk)
• History of insurance (in the beginning, European merchants, great fire of London, Lloyd's of London and reinsurance)
• Pricing risk (insurance underwriting, insurance premium
• Under-insurance (new-for-old and market value)
• Insurance company laws

Unit 2: General Insurance

• General insurance & enquiries complaints scheme
• Insurance Ombudsmen and Insurance Contracts Act 1984
• General Insurance Code of Practice
• Types of general insurance products (motor vehicle, consumer credit, health, travel, home and contents insurance)
• Taxes & levies (stamp duty, emergency services levy & GST)

Assessment

Assessment will be by way of a series of short answer questions, practical activities, tasks, role plays and simulated workplace application.

Customised Training

PS 146 Training Australia can offer your organisation customised solutions to suit your industry and financial services product.

We are able to customise a course to suit many different applications:

• Staff induction programmes and training
• New financial product training and development
• Short "refresher" courses available for Executives
• Recruitment training and testing
• Online, one-on-one tutoring through to classroom sized delivery
• We have training facilities available Australia-wide in all mainland capital cities
• We can deliver the training onsite delivery or at our purpose-built training facilities

If you would like a specific course customised to suit your individual requirements, do not hesitate to contact us or call  +612 9249 3300 and discuss your specific requirements with a Training Consultant.

Bookings

To book your place on this program please choose your preferred method:

1.  Select Buy Now and follow the prompts - Credit Card required

2.  Call Courses Now on +612 9249 3300 and your Course Advisor will process your booking