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Postgraduate TAS-BFA509-2021

Risk and Estate Planning

From

$0 $0

Your upfront cost: $0

International student?

Duration

11 weeks

Study method

100% online

Available loans

  • FEE-HELP

Assessments

Subjects may require attendance

Prior study

Not required

Study terms

  • 22 Feb 2021
UTAS
Australia’s fourth oldest university, the University of Tasmania, is highly regarded internationally for teaching and academic excellence. The university offers more than 100 undergraduate degrees and more than 50 postgraduate programs across a range of disciplines. The university offers students a diverse range of opportunities, the chance to learn from leading experts, and excellent preparation for their future careers.

QS RANKING 2021

19

Times Higher Education Ranking 2021

25

  • 2021

Subject details

What you'll learn

Upon successful completion of this subject, students should be able to:

  1. Prepare and present appropriate personal risk insurance services, advice and products to clients
  2. Explain the use of insurance as a risk management tool
  3. Describe and evaluate the application of insurance law and contracts
  4. Apply life insurance and estate planning strategies in financial planning scenarios
Topics covered
    • Operations of insurance markets
    • Regulation and compliance
    • Nature of risk, risk management
    • Life insurance
    • Disability insurance and business insurance
    • General and health insurance
    • Policy law and documentation
    • Claims and underwriting
    • Taxation
    • Review
Entry requirements

In order to enrol in this subject, you must be accepted into one of the following degrees:

Core
  • TAS-MFP-GDI-2021

Special requirements

No special requirements

Description

Risk management is a complex, progressive and demanding industry based on the protection of individuals, businesses and governments against risk and financial catastrophe. Insurance is the foundation of our lives and the social and economic fabric of our society. This subject will assist you to develop a clear appreciation of the life insurance sector of the financial services industry. Life insurance is the cornerstone of most financial plans and one of the most important areas in personal financial management. The financial adviser must be aware of the need for and appropriate amount of life insurance and to match up the most suitable policy to meet the need within the client’s affordability.

Although there are a wide variety of different life insurance products to cater for different needs in the market today, the basic types of products have not changed significantly. It is important that the financial adviser understands these fundamentals and be able to recommend the appropriate products that will meet the client’s situation and needs.

Assessments

  • Online test (12%)
  • Invigilated exam (50%)
  • Individual written assessment (20%)
  • Individual case study (18%)
Textbooks

Check the learning management system (LMS) of your university for textbook details.

Related degrees

Postgraduate TAS-MFP-GDI-2021

Graduate Diploma of Financial Planning

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