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Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

  1. Interpret documents and instructions
  2. Use appropriate specialist terminology
  3. Apply specialist terminology
  4. Extend understanding of specialist terminology

Performance Evidence

Evidence of the ability to:

accurately interpret instructions containing commonly used specialist terminology and abbreviations

review and update knowledge of specialist terminology used in insurance

use specialist terminology in insurance appropriately for the situation

access an appropriate person or source of information to clarify instructions or to locate missing information

explain specialist terminology and processes to others in simple, non-specialist language with non-disclosable information remaining confidential

conduct all work within accepted organisational and ethical codes of conduct including those relating to maintaining confidentiality, privacy and compliance.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.


Knowledge Evidence

To complete the unit requirements safely and effectively, the individual must:

explain legal, financial and ethical consequences of misusing terminology used in specialist insurance products

explain the importance of wording of insurance policies in keeping with the organisation or industry sector

outline organisational policy, procedures, underwriting and claims guidelines and levels of authority

describe policy coverage and/or requirements and procedures in relation to communication and the release of information, security and confidentiality

identify and apply relevant legislation, regulatory guidelines and industry sector codes of practice

outline types and/or categories of specialist insurance policies

explain relevant legal terminology:

insurance law

commonly used legal terminology in insurance

appropriate use of legal terminology in employee’s area of responsibility within an insurance context

relevant legal process as it relates to insurance and/or legal claims proceedings

explain relevant terminology relating to medical conditions used in medical insurance.