Is Tier 1 Insurance Broking a requirement of your job role?
Are you looking to become ASIC RG146 compliant?
Kaplan Professional, a leading national provider of education in financial services recommends the Kaplan Tier 1 RG 146 Compliance Solution for Insurance Broking.
The subject meets the education requirements of ASIC Regulatory Guide 146 (RG146) for providing general and personal advice with broking clients.
The course includes generic knowledge, core knowledge and specialist insurance knowledge.
Kaplan’s Tier 1 Insurance Broking course is for people who want a career as a general insurance broker. The course is designed to:
Units of competency
|Code||Title||Core or Elective||Topic||Type of
|FNSIBK406||Deliver professional insurance
|Topics 1, 2,
3, 4, 5
|FNSIBK508||8 Implement changes to broking
client’s insurance program
|FNSIBK513||Prepare submission for new
|Topics 1, 2,
3, 4, 5
|FNSASICY503||Provide advice in Insurance
|Topics 1, 2,
3, 4, 5
The above 4 units of competency are awarded for the successful completion of the Tier 1 Insurance Broking: Generic Knowledge and Tier 1 Insurance Broking: Personal Advice. These units of competency form part of the FNS51215 Diploma of Insurance Broking.
Note: The assessment is listed by unit of competency above. The assessments within the subject are combined covering multiple units of competency. Refer to ‘Assessment tasks’ for further information. The generic knowledge and core insurance knowledge in the subject ‘Tier 1 Insurance Broking: Generic Knowledge’ are also required for the units of competency listed above.
There are no units of competency in this subject.
Enrol directly into Tier 1 Insurance Broking for $855 (GST exempt).
For additional study-related fees, please click here.
Students have a total of 24 weeks to complete the course, which includes 12 weeks for each subject.
Each subject will take between 60 and 120 hours to complete, depending on your experience in the financial services industry.
Students should expect to spend up to 20 hours a week reading their subject notes, completing the learning activities, doing the assignment and preparing for the exam.
An additional four (4) weeks is available if students are required to resubmit an assignment or resit an examination.
This course is delivered online. The student will also receive hardcopy course notes.
Kaplan’s online learning portal KapLearn enables us to provide you with innovative, interactive learning resources and support. You can access KapLearn from anywhere at any time using a computer or mobile device that has internet access.
KapLearn is where you access subject notes, supplementary learning material, practice activities and assessments. KapLearn is also where you access ongoing support. The ‘Ask your tutor’ forum provides you with continuous technical support from subject matter experts.
Corporate clients should contact our Corporate Solutions Representative 1300 728 505 to discuss face-to-face delivery options and how we can tailor our training to your business needs.
There are no entry requirements.
However, it is recommended that individuals complete Tier 2 General Insurance Personal Advice for underpinning knowledge.
It is also recommended individuals are working in the insurance industry.
This course requires you to read comprehensive learner workbooks, complete a range of written assessments, undertake independent research activities and at times engage in online forums and discussions. Furthermore, the delivery mode relies on the extensive use of written communication.
If you have any doubts about whether you have the language, literacy and numeracy skills to undertake a Kaplan Professional program, we recommend you speak with our Student Services team on 1300 662 203 or email firstname.lastname@example.org.
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To successfully complete this course, learners will require basic computing skills. This may include:
You may enrol into this course at any time and begin studying immediately on enrolment.
To enrol contact us on 1300 728 505 or email email@example.com.
This course is delivered online via Kaplan’s learning management system KapLearn.
You will receive login details to KapLearn upon enrolment. When you log on to KapLearn you are able to access the subject notes, assessments, additional learning materials such as media, case studies, practice activities and your online tutor.
Assessments are accessed and submitted through KapLearn.
Corporate clients should contact our Corporate Solutions Representative on 1300 728 505 to discuss face-to-face delivery options and how we can tailor our training to your business needs.
You may be exempted from studying a subject or the full qualification based on your previous training, study and or work experience.
To find out if you are eligible to receive an exemption refer to our exemptions policy.
Students can progress to the Diploma of Insurance Broking (FNS51215) which is the recognised qualification for insurance brokers. Tier 1 Insurance Broking includes units of competency from the Diploma of Insurance Broking.
Assessment for the two subjects includes:
Students may attempt the exam and/or submit their assignment at any time before the conclusion of their 12 week study period if they think they are adequately prepared. Students will receive personal reminder emails as they approach their assessment deadlines.
Kaplan provides students with a case study (real life client scenario) for which students are required to research and develop insurance recommendations. You will be assessed on your ability to engage with your client — from initial contact, to the development and documentation of a financial strategy to meet their specific needs.
You must submit your assignment within 12 weeks of your enrolment date.
If your first submission is deemed ‘not yet competent’ you are required to resubmit it. You will only need to resubmit the question(s) that do not have the demonstrated knowledge requirement. If a resubmission is required, it must be within 16 weeks of your enrolment date. More detailed information about the assignments are in the the Generic Knowledge subject outline or the Personal Advice subject outline.
Kaplan’s exams are open book multiple-choice exams where emphasis is placed on the application of knowledge.
You must sit your first exam within 12 weeks of your enrolment date.
To achieve an overall grade of ‘competent’ in the exam, you must achieve the nominated pass mark for each module in the exam. If you are deemed ‘not yet competent’ for a module, you are provided with a re-sit and are only required to attempt that module in the re-sit. If a re-sit is required, it must be within 16 weeks of your enrolment date.
You can sit your exam while being supervised in your workplace or at a Kaplan office.
Click here for Kaplan office exam times and venues.
Individuals who enrol in a Kaplan Professional course are bound by our published policies, including the policy that sets out our rules for assessment. Individuals can review these policies here. The policies also assist individuals when their study program does not go as planned and they need extra support.
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