Assessor Resource
FNSILF401A
Contribute to the life risk underwriting process
Assessment tool
Version 1.0
Issue Date: May 2024
This unit applies to job roles within the specialist area of life insurance and may be applied within organisations of various sizes and across a range of customer bases.
This unit describes the performance outcomes, skills and knowledge required to undertake risk assessments of applications for life insurance including gathering the risk information, and reviewing and assessing it against appropriate risk criteria.
This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including legislation administered by the Australian Securities and Investments Commission (ASIC).
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