General Insurance Course
The General Insurance course is designed for individuals who are interested in a career selling General, Personal and Business Insurance products as covered by Regulatory Guideline 146.
For existing authorised representatives, successful completion of this course allows you to extend your advisory range into General Insurance products.
Focused on your Success
We recognise that employers are increasingly looking for candidates who are aware of the challenges of being a successful financial adviser. Often a candidate’s Qualification is the only evidence that they possess the technical knowledge and skills requirements to conduct themselves professionally as an authorised representative.
With a PS 146 Training Australia qualification you have confidence in the fact that you will be equipped with the skills and knowledge gained from a credible industry-endorsed program that employs best practice assessment standards, helping you graduate at the leading edge of your chosen field.
“RG146 Training Australia simply makes our lives easier. Their professional problem-solving approach allows us to focus on other parts of the business; safe in the knowledge that RG146 graduates have what is takes to provide our clients with sound and accurate advice.” Charles Cavallaro, Professional Development Coordinator, Asgard, Securitor, St George
Course Outcome
The General Insurance Advice course will equip you with the specialist knowledge and technical skills to provide compliant advice to clients on:
- personal insurance related to:
- house and contents,
- motor vehicle,
- caravan,
- boat,
- travel and,
- consumer credit,
- business insurance related to:
- sickness and accident,
- liability,
- personal indemnity and,
- workers compensation.
Who Should Enrol?
This course is suitable for:
- Individuals seeking employment with any general insurance company
- Individuals engaged in the promotion of general insurance products
Course Entry Requirement
This is an open entry course with no pre-requisite qualifications. In order for participants to successfully complete this course, it is recommended they have a strong grasp of literacy and numeracy.
Course Structure
Competencies
Tier 2 General Insurance (General Advice)
- Provide general advice on financial products and services
Tier 2 General Insurance (Personal Advice)
- Establish client relationships and analyse needs
- Develop, present and negotiate client solutions
- Provide appropriate services, advice and products to clients
- Provide general advice on financial products and service
Course Content
This RG146 accreditation course comprises two subjects and is delivered via fully-supported online distance learning.
These subjects include:
- Australian Industry Essentials (Generic Knowledge)
- General Insurance (Specialist Knowledge)
- Advice Process * (Skills)
Note:
- 1. General Advice candidates do not require adviser skills and therefore are exempt from adviser skills assessment.
- 2. Learners have two attempts at multiple-choice knowledge test (complimentary) with provision of a third attempt at a fee of $95.
- Australian Economy
- Australian Financial Markets
- Investment Funds
- Corporations Act
- Regulatory Environment
- Licensees & Representatives
- Ethics
General Insurance (Specialist Knowledge)
Core Insurance- Understanding Insurance
- Operation of Insurance Markets
- General Insurance
- Personal Insurance
- Advisory Functions
- Legal Obligations and Compliance
- The General Insurance Industry
- Risk and General Insurance
- The Law Relating to G.I. Payments
- Reading Product Disclosure Statements
- Personal Insurance
- Business Insurance
- Taxation & Client Relationship Issues
- Functions & Regulation of General Insurers
- The Contractual Relationship
- General Insurance Claims
- Sickness and Accident Insurance
Advice Process (Skills) *
The Advice Process Skills Assessment is undertaken upon completion of the specialist knowledge area.
- Establishing Client Relationship
- Identify Client Objectives & Financial Situation
- Analyse Client Objectives & Financial Situation
- Develop Strategies & Solutions
- Present Strategies & Solutions
- Implement Agreed Plan
- Provide On-going Advice
Assessment
This RG146 accreditation course comprises two subjects. These subjects include:
- Australian Industry Essentials (Generic Knowledge)
- General Insurance (Specialist Knowledge)
- Advice Process * (Skills)
Assessment includes:
- multiple choice knowledge test (open-book, online) per subject
- one case study with short-answer responses
- one role play of client/adviser engagement simulation * (skills)
Note:
- 1. General Advice candidates do not require adviser skills and therefore are exempt from adviser skills * assessment.
- 2. Learners have two attempts at multiple-choice assessment (complimentary) with provision of a third attempt at a fee of $95.
Course Options
This course is available by self-paced online Distance Learning.
- General Insurance (General Advice) $520
- General Insurance (Personal Advice) $780
Course Duration: Assessment tasks must be completed within six (6) months of enrolment.
Student Support: Students have access to an experienced facilitator/adviser for technical support by email or telephone from 9am – 5pm, Monday to Friday.
Enrol Now
- Download an enrolment form
- Call 1300 306 146 to speak to one of our training advisers, or
- Email learn@rg146.edu.au for more information.
