As the leading professional membership and education body for the insurance and financial services industry the Institute is uniquely placed to offer people working in life insurance a range of professional solutions.
From professional recognition through Institute membership to internationally recognised qualifications and practical, day-to-day professional development activities designed to meet regulatory requirements, the Institute offers the life insurance community the best mix of quality and affordable services.
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| | Diploma of Financial Services - Life Insurance [FNS50107] | |
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The Institute’s Diploma of Financial Services – Life Insurance is designed for employees working in life insurance and provides Senior Associate CIP membership of the Institute – the benchmark for industry professionalism.
Developed to meet industry standards and compliance, the Diploma provides the technical knowledge and skills needed to provide quality services to clients and effectively manage a life insurance business.
| Fee | A$810 per module NZ$890 per module |
| Duration | Six modules : Each study period lasts 12 weeks. (Students are able to study more than one module per study period.) |
| Delivery | Distance Learning |
| Assessment | Assessment for each module consists of: - a case study based assignment - an examination containing multiple choice, short answer and case study based questions. Find out more ... |
| ASIC Compliance | RG 146 Tier 1 Life Insurance (Australian modules only) |
| Membership Outcome | Senior Associate CIP |
| Further Education | Completion of the Diploma provides credit into the Bachelor of Business (Insurance) at Charles Sturt University (CSU). |
Course Content
To be awarded the Diploma of Financial Services - Life Insurance, students must complete six compulsory modules. It is suggested that each module will encompass 50–70 hours of study time.
FSL501 Serving the Life Insurance Customer (Australian and non-New Zealand students) OR
FSL507 Serving the Life Insurance Customer (New Zealand students).
FSL502 Life Insurance Law and Regulation (Australian and non-New Zealand students) OR
FSL508 New Zealand Life Insurance Law and Regulation (New Zealand students)
FSL503 Life Insurance Distribution
FSL504 Life Insurance Products
FSL505 Life Insurance Underwriting
FSL506 Life Insurance Claims.