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Topic overview

Calculating life insurance needs is more than a numbers exercise. It is a professional judgement that shapes a client’s financial security and long-term wellbeing.

In this topic, you will develop how to centre your recommendations on what the client is truly seeking to protect. You will explore practical ways to assess appropriate levels of cover, balance and affordability with sustainable premium structures, and apply sound professional judgement in complex client scenarios.

The focus is on delivering recommendations that are ethical, defensible and clearly aligned to client goals, so you can confidently explain not just how much cover is appropriate, but why it matters.

What will you achieve

  1. An understanding of the importance of keeping the client’s goals and needs at the centre of life insurance recommendations
  2. The ability to meet an adviser’s ethical responsibilities when providing life insurance recommendations
  3. Development of skills to determine which life events a clients should protect against using life insurance products

Structure and duration

This topic is designed to be completed over six (6) weeks, with access available for up to 12 weeks to accommodate flexibility.

Advisers undertaking the Professional Year will receive 20 hours of structured training per topic.

Advisers who successfully complete all requirements of the topic will be awarded a certificate of completion.

There are no specific due dates for activities. Advisers progress, complete and submit activities as they go. However, it is recommended that each activity be completed according to order laid out.

Recommended six (6) week study plan

WeekLearning focusHours
1Clients at the centre of calculations

Activities 1-2
4
2Ethical considerations with insurance recommendations

Activities 3 - 5
3
3More than the numbers – affordability and wellness factors

Activity 6
3
4Life cover and adviser’s duties

Quiz activity 7
3
5Adviser’s ethical duties when confronted with objections

Activities 8 -10
4
6Protecting what matters

Case study activity 11
3

Price

$275 (Inc. GST) per person (corporate package/rate available)

 

The Financial Adviser Accelerator Suite is the most interactive, engaging and career-focused training program the financial advice industry has ever seen — purpose-built to develop capable advisers who are ready to make an immediate impact. Developed with early-career professionals in mind, the structured topics focus on building essential client engagement skills and financial advice fundamentals. The program is structured around four key knowledge pillars, with each topic containing multiple modules.

01

Fundamentals of Financial Advice

02

Client Care in Financial Advice

03

Client Engagement in Financial Advice

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Quality Processes in Financial Advice

The Financial Adviser Accelerator Suite is the most interactive, engaging and career-focused training program the financial advice industry has ever seen — purpose-built to develop capable advisers who are ready to make an immediate impact.

Developed with early-career professionals in mind, the structured topics focus on building essential client engagement skills and financial advice fundamentals. The program is structured around four key knowledge pillars, with each topic containing multiple modules.

01

Fundamentals of Financial Advice

02

Client Care in Financial Advice

03

Client Engagement in Financial Advice

04

Quality Processes in Financial Advice

01

Fundamentals of Financial Advice

02

Client Care in Financial Advice

03

Client Engagement in Financial Advice

04

Quality Processes in Financial Advice