The course aims to develop an understanding of concepts, principles and applications of insurance as related to financial planning.
The course will explore fundamental concepts of insurance, risk management, legal principles, classes of insurance, insurance planning, business insurance, and the regulatory environment and distribution of insurance products.
The role of Centrelink and the various social insurance programs, benefits and allowances available will also be covered in relation to the impact of financial products on social security benefits.
The course fulfils the competency guidelines set by the Australian Securities and Investments Commission (ASIC) for the training of authorised representatives in generic and specialist knowledge in core, life and general insurance.