Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSILF407 Mapping and Delivery Guide
Settle life insurance claims
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSILF407 - Settle life insurance claims |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to calculate benefits and settle claims made under risk based life insurance policies.It applies to individuals who use specialised knowledge and systematic approaches to process and settle life insurance claims.No licensing, legislative or certification requirements apply to this unit at the time of publication. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the life insurance field of work and include access to: office equipment, technology, software and consumables organisational records, policy and procedures. Assessors must satisfy NVR/AQTF assessor requirements. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Review claim settlement advice |
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Element: Calculate benefits |
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Element: Finalise claim settlement |
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