Manage contractual obligations for insurance and insurance broking products

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSIBK603A, 'Manage contractual obligations for insurance and insurance broking products'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Manage contractual obligations for insurance and insurance broking products' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

1. Determine rights and obligations appropriate to each contract or policy

1.1. Terms and conditions of all contracts, policies and retirement plans are examined and all legislative, contract and code of practice requirements are identified.

1.2. Identified rights, obligations and legislative requirements are documented so that appropriate procedures can be developed.

2. Develop procedures to enable rights, obligations and legislative requirements to be met

2.1. Identify and document appropriate system needs in order to meet rights and obligations and legislative and code of practice requirements within organisation objectives.

2.2. Contingency plans are developed and documented to ensure that contractual rights, obligations and legislative requirements are met in the event of unusual situations arising.

3. Implement procedures to meet rights, obligations and legislative requirements

3.1. Action plan is published so that all relevant areas are briefed concerning procedures to be implemented.

3.2. Procedure is implemented according to action plan.

4. Monitor compliance with rights, obligations and legislative requirements

4.1. Rights, obligations and legislation requirements are reviewed against terms and conditions of each contract of insurance regularly to ensure reliability and validity of interpretation.

4.2. Procedures and processes are altered in response to changes in interpretation.

5. Maintain premium currency of insurance policy

5.1. Premium records are accurately maintained in line with organisation procedures.

5.2. Premium billings are generated in accordance with organisation procedures and contractual obligations.

5.3. All monies received are accurately processed to policy records in accordance with organisation procedures.

5.4. Conservation procedures are undertaken within required timelines and organisation procedures.


Qualifications and Skillsets

FNSIBK603A appears in the following qualifications:

  • FNS60110 - Advanced Diploma of Insurance Broking