Course Title: Provide advice in Life Insurance

Part A: Course Overview

Program: C5261

Course Title: Provide advice in Life Insurance

Portfolio: BUS

Nominal Hours: 50.0

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code




Learning Mode

Teaching Period(s)


City Campus


650T TAFE Business

Face-to-Face or Internet

Term2 2012

Course Contact: Michael Elliot

Course Contact Phone: +61 3 9925 5519

Course Contact Email:

Course Description

This course is designed to help the financial planner develop a relationship with the client, and deliver onging service.
It is also designed to help the planner establish the client’s needs objectives and financial situation.
Research appropriate products and solutions for the client and deliver an ongoing financial plan agreed with by the client.
Complete and lodge correct paperwork on behalf of the client

If you are undertaking this course in Melbourne from semester 2, 2012 onwards your teacher will advise you if you require access to a computer for the course. It is recommended that you have access to a mobile computing device to allow greater flexibility in terms of where you can work on campus outside class times.

Pre-requisite Courses and Assumed Knowledge and Capabilities

There are no pre-requisites to this course but it is co-delivered with:

FNSFPL504A Implement Financial Plan
FNSFPL505A Review Fin Plans & provide ongoing advice
BSBOHS303B Contribute to OHS hazard identification and risk management
FNSFMK503A Advise clients on financial risk

National Competency Codes and Titles

National Element Code & Title:

FNSASICX503A Provide advice in Life Insurance


Agree the plan, policy or transaction and complete documentation

Analyse client's objectives, needs, financial situation and risk profile to develop appropriate strategies and solutions

Establish relationship with client and identify client's objectives, needs and financial situation

Present appropriate strategies and solutions to client and negotiate a financial plan, policy or transaction

Provide ongoing service where requested by client

Learning Outcomes

Overview of Assessment

Assessment may incorporate a variety of methods including written tests, a group assignment and final assessment.

Tests are closed book and consist of multiple choice, practical exercises and short answer questions.

The group assignment requires students to research the role and function of a financial institution or a major contemporary issue relating to the financial system and of concern to consumers.

Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.