The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Determine terms and conditions of risk acceptability
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Risk acceptance information is identified and reviewed Completed |
Evidence:
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Risk acceptability is determined within authority limitations Completed |
Evidence:
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Terms and conditions of risk acceptability are checked for changes since the last time it was reviewed for underwriting Completed |
Evidence:
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Terms and conditions of risk acceptance are determined in accordance with risk acceptance criteria, including client history Completed |
Evidence:
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If appropriate, alternative terms or adjusted benefits are proposed Completed |
Evidence:
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Communicate result of risk assessment
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Offer of renewal, if applicable, is made in accordance with legislative requirements Completed |
Evidence:
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Provisional notice of expiry is issued to customer Completed |
Evidence:
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Renewal is declined, if applicable, in accordance with legislative provisions Completed |
Evidence:
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Evaluate client response
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Client response is assessed to determine whether action to modify terms and conditions is required Completed |
Evidence:
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Offer is modified, as necessary, and advice to client is prepared according to operating procedures Completed |
Evidence:
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Offer complies with underwriting acceptance authorities and criteria, or an appropriate referral approval is sought Completed |
Evidence:
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Negotiate agreement
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Negotiation is undertaken on revised offer to reach mutually satisfactory agreement Completed |
Evidence:
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The client is advised of acceptance or rejection of the risk according to operating procedures (including information on dispute resolution procedure if necessary) Completed |
Evidence:
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Cancel/lapse or renew cover
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Revised documentation is issued to client in organisation format and according to organisation operating procedures and legislative requirements Completed |
Evidence:
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Reinsurance cover is confirmed as appropriate Completed |
Evidence:
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Lapse notice is issued to client, if applicable, in accordance with organisation procedures Completed |
Evidence:
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Documentation is filed and stored according to operating procedures Completed |
Evidence:
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