Enrolments for 2022 have closed.
Risk and Estate Planning
Postgraduate | TAS-BFA509 | 2022
Course information for 2022 intake View information for 2024 course intake
Build knowledge in a range of life insurance products that have been used in years passed, and will be used for years to come. Gain confidence in suggesting which plans are best for an individual's circumstances.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- 11 weeks
HECS-HELP and FEE-HELP available
Risk and Estate Planning
About this subject
Upon successful completion of this subject, students should be able to:
- Prepare and present appropriate personal risk insurance services, advice and products to clients
- Explain the use of insurance as a risk management tool
- Describe and evaluate the application of insurance law and contracts
- Apply life insurance and estate planning strategies in financial planning scenarios
- 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
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.
- Online test (12%)
- Invigilated exam (50%)
- Individual written assessment (20%)
- Individual case study (18%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-MFP-GDI-2022 - Graduate Diploma of Financial Planning
Elective
- OUA-PSU-GCE-2022 - Postgraduate Single Subjects
Others
Available as "Open Access" with the requirement of a Bachelors degree.
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
PostgraduateTAS-MFP-GDI
PostgraduateOUA-PSU-GCE