Topics Insurance Broking Fundamentals Topic 1: The financial services industry Topic 2: Risk assessment Topic 3: General insurance products Topic 4: Managing disputes Topic 5: Work well with clients Topic 6: New business Topic 7: Claims Topic 8: Renewals and changes to insurance programs Insurance Broking Advice Topic 1: Provide personal advice Units of competency The 4 units of competency are awarded for the successful completion of the Tier 1 Insurance; 4 core. For information on the units of competency see the subject outlines in the Course Overview tab.
Language, Literacy and Numeracy (LLN) requirements 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 mail@kaplan.edu.au. Computing requirements Recommended browsersYou can access KapLearn using any of the browsers below, but it runs best on the latest versions: Firefox 3 or later Chrome 4 or later Safari 3 or later Internet Explorer You may find it helpful to have more than one browser installed on your computer. If you experience problems using Kaplan’s online learning system, try using another browser. Browser settings and supportFor the best user experience at Kaplan’s online learning system, select the following browser settings: enable cookies enable JavaScript do not block pop-up windows Audio recording app You will need to use a free or paid audio-recording app on your phone, tablet or computer to record and submit your oral assignment. Most devices come with a free built-in audio/voice-recording app. More information should be available in your device manual or on the device manufacturer’s website. Below are help links for some popular devices. Apple iOS Apple (mac OS) Samsung (Android) HTC (Android) Windows 10 Skill requirements To successfully complete this qualification, individuals will require basic computing skills. This may include: saving and editing Microsoft Office documents researching, accessing and searching the internet downloading and saving documents from websites uploading documents through websites making an audio recording using a smartphone, tablet or computer participating in online discussions
Tier 1 Compliance Solution - Insurance Broking Download a brochure Course overviewSubject informationFeesDurationEntry requirementEnrolment informationAssessmentPoliciesCourse overviewIs 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 Professional Tier 1 RG 146 Compliance Solution for Insurance Broking. The course 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 Professional’s Tier 1 Insurance Broking course is for individuals who want a career as a general insurance broker. The course is designed to: Meet the training requirements for RG146 Tier 1 compliance in Insurance Broking Please refer to the subject outlines for more information. The Tier1 Insurance Broking program is structured into two subjects: Insurance Broking Fundamentals Insurance Broking Advice Subject informationLearning outcomes Gain an understanding of the financial services industry and the role and responsibilities of a Tier 1 insurance broker Understand the role of a general insurance broker in the insurance industry Describe basic risk assessment for broking clients Understand the features, classes and risks of insurance products Outline appropriate communication skills to manage complaints and disputes Apply appropriate communication skills to build relationships with clients Explain how to perform insurance broking tasks such as renewals, new business and claims. Outline the process of giving general advice and personal advice. Topics Insurance Broking Fundamentals Topic 1: The financial services industry Topic 2: Risk assessment Topic 3: General insurance products Topic 4: Managing disputes Topic 5: Work well with clients Topic 6: New business Topic 7: Claims Topic 8: Renewals and changes to insurance programs Insurance Broking Advice Topic 1: Provide personal advice Units of competency The 4 units of competency are awarded for the successful completion of the Tier 1 Insurance; 4 core. For information on the units of competency see the subject outlines in the Course Overview tab. FeesEnrol directly into Tier 1 Insurance Broking for $865 (GST exempt). For additional study-related fees, please click here. DurationIndividuals have a total of: 24 weeks to complete the learning and assessment requirements for Tier 1 Insurance Broking, from their initial activation date. An additional four (4) weeks resubmission time per subject – If an individual reaches the end of their initial enrolment period and has been deemed not yet competent in one or more assessment items, then an additional 4 weeks will be granted, provided the individual attempted all assessment tasks during the initial enrolment period. There is no fee for this extension. Therefore, if an individual completes the learning and assessment, and the resubmission time in every subject is granted, the duration will be 32 weeks. The subjects must be completed in the following sequence: Insurance Broking Fundamentals Insurance Broking Advice. The subject breakdown for this course is below: SubjectsDuration Tier1IBF Tier 1 Insurance Broking Fundamentals12 weeks course work 4 weeks resubmission time as outlined above Tier1IBA Tier 1 Insurance Broking Advice12 weeks course work 4 weeks resubmission time as outlined above The amount of training for this course may be up to 13 hours per week. The amount of training is the hours an individual can expect to spend to complete their course work and assessments. In addition to the amount of training, individuals who are new to industry or vocational training could need up to 9 hours per week known as unsupervised hours. These additional hours are for study skills or further research. For example, an individual not working in industry would need more time to review industry websites that are usually introduced in workplace compliance training. Individuals working in industry may be able to complete the course requirements in a shorter timeframe or less hours per week. Additional study-related fees apply to formal extensions and re-enrolments. Please refer to the Vocational Education Fees schedule found here. Please also refer to our Vocational Education and Training (VET) Enrolment Terms and Conditions here or our Student Handbook here for important information on: Subject activation and completion timeframes Extensions Subject re-enrolment Entry requirementEducational requirements 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. Individuals are required to be aged 18 years or older to enrol in this course. Individuals who are in Australia on a student visa are unable to enrol in this subject. If you are in Australia on a visa and wish to enrol, you need to check that you are enrolling in accordance with the study conditions of your visa. Language, Literacy and Numeracy (LLN) requirements 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 mail@kaplan.edu.au. Computing requirements Recommended browsersYou can access KapLearn using any of the browsers below, but it runs best on the latest versions: Firefox 3 or later Chrome 4 or later Safari 3 or later Internet Explorer You may find it helpful to have more than one browser installed on your computer. If you experience problems using Kaplan’s online learning system, try using another browser. Browser settings and supportFor the best user experience at Kaplan’s online learning system, select the following browser settings: enable cookies enable JavaScript do not block pop-up windows Audio recording app You will need to use a free or paid audio-recording app on your phone, tablet or computer to record and submit your oral assignment. Most devices come with a free built-in audio/voice-recording app. More information should be available in your device manual or on the device manufacturer’s website. Below are help links for some popular devices. Apple iOS Apple (mac OS) Samsung (Android) HTC (Android) Windows 10 Skill requirements To successfully complete this qualification, individuals will require basic computing skills. This may include: saving and editing Microsoft Office documents researching, accessing and searching the internet downloading and saving documents from websites uploading documents through websites making an audio recording using a smartphone, tablet or computer participating in online discussions Enrolment informationEnrolment You may enrol into this course at any time and begin studying immediately on enrolment. To enrol contact us on 1300 662 203. Delivery 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 Representatives at corporate@kaplan.edu.au to discuss delivery options and how we can further tailor our training to meet your business needs. Recognition of Prior Learning (RPL) Individuals may be able to obtain Recognition of Prior Learning (RPL) for a Kaplan award subject based on their previous study and/or work experience. To do this, individuals must submit evidence that demonstrates they have already met the requirements of the subject through these other means. Evidence can take many forms, such as information about approved study, information about work experience, certificates, transcripts or other credentials. To find out if you are eligible for RPL, refer to our Credit Transfer and Recognition of Prior Learning (RPL) page. AssessmentThe assessments for each subject are listed below. Units of competency are co-assessed by topic within subjects, as listed in ‘Units of competency’. SubjectAssessmentAssessment Detail Tier 1 Insurance Broking Fundamentals1 ExamSupervised, open book multiple choice examination, four (4) attempts. 1 Written and Oral AssignmentWritten and oral assignment – two (2) attempts • Written - short answer questions, case studies • Oral - Oral questions and role plays The mode of oral assessment is by audio recording. As part of the course requirements, individuals will need to find a volunteer to assist with their role plays in the oral assignment. Tier 1 Insurance Broking Advice1 Written and Oral AssignmentWritten and oral assignment – two (2) attempts • Written - short answer questions, case studies • Oral - Oral questions and role plays. The mode of oral assessment is by audio recording. As part of the course requirements, individuals will need to find a volunteer to assist with their role play in the oral assignment. Individuals may attempt the exam and/or submit their assignment at any time if they believe they are adequately prepared. Individuals will receive personal reminder emails as they approach their assessment deadlines. Individuals must be deemed competent in all assessment items, including demonstrating competency in all of the exam questions, in order to be awarded their qualification or course. To learn more about what to expect when completing an oral assignment using audio please click here. Individuals who complete the course or qualification will receive a statement of attainment per subject. Kaplan’s exams You can sit your exam while being supervised in your workplace or with online supervision via Zoom at a suitable location. Click here for more information about Kaplan Professional exams. PoliciesStudent policies 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. Terms and Conditions Click here to access our terms and conditions. Refund Policy Access our refund policy 1300 662 203 Download a brochure Name* First Last Phone*Please enter in the following format: 614********I would like a Course Adviser to contact me by phone I would like a Course Adviser to contact me by phone Email* State*StateACTNSWNTQLDSATASVICWAInternationalWhen would you like to start studying?*When would you like to start studying?Ready nowI'd like to start within 3-6 monthsI'd like to start within 6-12 monthsI'm just gathering information at this stage* I confirm the details entered above are correct and consent to Kaplan Professional using and handling my personal information in accordance with its privacy policy.*CommentsThis field is for validation purposes and should be left unchanged. Enrol now
Topics Insurance Broking Fundamentals Topic 1: The financial services industry Topic 2: Risk assessment Topic 3: General insurance products Topic 4: Managing disputes Topic 5: Work well with clients Topic 6: New business Topic 7: Claims Topic 8: Renewals and changes to insurance programs Insurance Broking Advice Topic 1: Provide personal advice Units of competency The 4 units of competency are awarded for the successful completion of the Tier 1 Insurance; 4 core. For information on the units of competency see the subject outlines in the Course Overview tab.
Language, Literacy and Numeracy (LLN) requirements 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 mail@kaplan.edu.au. Computing requirements Recommended browsersYou can access KapLearn using any of the browsers below, but it runs best on the latest versions: Firefox 3 or later Chrome 4 or later Safari 3 or later Internet Explorer You may find it helpful to have more than one browser installed on your computer. If you experience problems using Kaplan’s online learning system, try using another browser. Browser settings and supportFor the best user experience at Kaplan’s online learning system, select the following browser settings: enable cookies enable JavaScript do not block pop-up windows Audio recording app You will need to use a free or paid audio-recording app on your phone, tablet or computer to record and submit your oral assignment. Most devices come with a free built-in audio/voice-recording app. More information should be available in your device manual or on the device manufacturer’s website. Below are help links for some popular devices. Apple iOS Apple (mac OS) Samsung (Android) HTC (Android) Windows 10 Skill requirements To successfully complete this qualification, individuals will require basic computing skills. This may include: saving and editing Microsoft Office documents researching, accessing and searching the internet downloading and saving documents from websites uploading documents through websites making an audio recording using a smartphone, tablet or computer participating in online discussions