Course Title: Implement changes to broking client's insurance program

Part A: Course Overview

Program: C5205

Course Title: Implement changes to broking client's insurance program

Portfolio: BUS

Nominal Hours: 60.0

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)


Singapore Inst of Management


650T TAFE Business


Offsh3 12

Course Contact: Sam Tabit

Course Contact Phone: +61 3 9925 1466

Course Contact Email:

Course Description

This unit describes the functions involved in implementing changes to a client’s insurance program. This unit requires the application of risk assessment and analysis skills and product knowledge. It may be applied following a prior review of the client’s business needs.

Pre-requisite Courses and Assumed Knowledge and Capabilities

This unit is co-delivered with BAFI5147C Identify and advise on significant risk changes to broking client insurances. This unit describes the functions involved in identifying additional exposures and advising broking clients on required changes to their insurance and implementing their instructions.

National Competency Codes and Titles

National Element Code & Title:

FNSINBK503B Implement changes to broking client's insurance program


FNSINBK503B/01 Identify required risk changes to insurance program

FNSINBK503B/02 Negotiate change with insurers

FNSINBK503B/03 Communicate options for insurance program changes to client

FNSINBK503B/04 Obtain client instructions for insurance program amendments

Learning Outcomes

Refer to part B Course Guide for the Performance elements of the unit. 

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.

The final assessment may be included in the group assessment or in some cases may be an individual assignment.

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.