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No offerings have been identified for this subject in 2015

INS203 Insurance Law and Regulations I (8)

Abstract

This subject provides the student with the knowledge and skills to comply with relevant insurance legislation to carry out operational procedures in distributing and servicing insurance products.

+ Subject Availability Modes and Location

Continuing students should consult the SAL for current offering details prior to contacting their course coordinator: INS203
Where differences exist between the handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration Grading System School:
One sessionHD/FLSchool of Accounting and Finance

Assumed Knowledge

INS101 and INS102

Enrolment restrictions

Bachelor of Business (Insurance) students only

Learning Outcomes

Upon successful completion of this subject, students should:
- be able to comply with operational aspects of laws pertaining to insurance
- be able to explain changes to and implications of laws
- be able to comply with agency / broker agreements and professional indemnity obligations
- be able to maintain statutory records

Syllabus

The subject will cover the following topics:
Knowledge of relevant laws
Application of relevant laws in the workplace
Procedural requirements relating to operational aspects of law
Handling client queries and requests
Agency agreements and broker agreements
Professional indemnity insurance
Concept and application of duty of utmost good faith and duty of care
Consumers' rights
Tax and other business records

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The information contained in the 2015 CSU Handbook was accurate at the date of publication: 01 October 2015. The University reserves the right to vary the information at any time without notice.