Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSISV501A Mapping and Delivery Guide
Issue contracts of insurance covering non-routine and complex situations
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSISV501A - Issue contracts of insurance covering non-routine and complex situations |
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Description | This unit describes the performance outcomes, skills and knowledge required to undertake processes related to a contract of insurance in a non-routine, complex situations. It encompasses identifying the necessary information, reviewing and interpreting the request against relevant legislation and organisation guidelines and procedures and issuing a new policy/contract of insurance in response to requests for quotes, new policies, or interim cover (cover note) in non-routine, complex situations.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). | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit applies to job roles involving specialist knowledge and functions such as insurance brokers or agents in a range of insurance sectors and may be applied within organisations of various sizes and across a range of customer bases. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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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: Identify non-routine, complex aspects and clarify the customer's situation |
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Element: Determine appropriate approach to complex and non-routine aspects |
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Element: Issue insurance contact |
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