Course Title: Identify and advise on significant risk changes to broking client insurances

Part A: Course Overview

Program: C5205

Course Title: Identify and advise on significant risk changes to broking client insurances

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 identifying additional exposures and advising broking clients on required changes to their insurance and implementing their instructions.

Pre-requisite Courses and Assumed Knowledge and Capabilities

This unit is co-delivered with BAFI5146C Implement changes to broking client’s insurance programme which 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.

National Competency Codes and Titles

National Element Code & Title:

FNSINBK504B Identify and advise on significant risk changes to broking client insurances


FNSINBK504B/01 Identify significant risk changes to insurance program

FNSINBK504B/02 Prepare advice to client

FNSINBK504B/03 Negotiate with insurers on behalf of client

FNSINBK504B/04 Communicate options to client and obtain client instructions

Learning Outcomes

Refer to Part B - Course Guide for the Performance criteria for this 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.