Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSILF502 Mapping and Delivery Guide
Underwrite complex medical risks
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSILF502 - Underwrite complex medical risks |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to apply complex medical risk assessments to the underwriting of a life insurance application.It applies to individuals who use specialised knowledge to determine risk and make decisions, within a level of delegated authority, about complex underwriting functions.No licensing, legislative or certification requirements apply to this unit at the time of publication. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the life insurance field of work and include access to: office equipment, technology, software and consumables organisational records, policy and procedures. Assessors must satisfy NVR/AQTF assessor requirements. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Identify medical risks |
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Element: Identify underwriting significance |
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Element: Determine risk acceptance criteria |
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Element: Prepare life insurance policy |
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