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Home > Subjects > DFSE203 – Insurance Fundamentals
This subject introduces students to the foundational principles of life insurance, examining the structure, function, and regulation of life insurance in the Australian context.
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STUDY MODE
100% online
AQF LEVEL
5
NEXT INTAKE
11 Jan 2027
SUBJECT DURATION
12 weeks
SUBJECT FEE
$720.00
This subject explores key facets of legislation and regulation of the life insurance industry, and principles and concepts of life insurance. It addresses a range of life insurance product types, including life, total and permanent disability, trauma, income protection, and business expenses. It also considers other products such as whole of life, endowment, key person, and annuities. Students will analyse the features and suitability of life insurance products for different types of clients. Risk management principles are examined, focusing on underwriting, risk assessment, actuarial concepts, and reinsurance strategies. Sales and distribution strategies are explored, emphasising customer needs analysis and diverse distribution channels. Claims management procedures, including fraud detection and customer service are also addressed.
Legal and ethical considerations are emphasised, highlighting regulatory compliance, disclosure obligations, and professional ethics. Financial planning aspects encompass financial needs analysis, tax implications, and retirement planning integration with life insurance products.
For more information, please refer to the subject outline.
Diploma of Financial Services >
On the successful completion of this subject, individuals should be able to:
There is no prescribed text for this subject.
Individuals are provided with key readings and access to Kaplan Professional’s online databases. Individuals are encouraged to research and read widely on the topic.
Click here for an assessment timetable.
Advanced standing may be awarded in recognition of prior learning (RPL) for your prior studies that are directly related to the qualification. This may include credit for generic knowledge component of Tier 1 RG146 studies.
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Not applicable.
There are no equivalences for this subject.
11 Jan 2027 - 2 Apr 2027
✓ Enrolments open now
Early access opens N/A
Early access to assessments N/A
Study period commences 11 January 2027
Enrolments close/census 27 January 2027
Study period ends 2 April 2027
Assessment dates See assessment information
8 Mar 2027 - 28 May 2027
Study period commences 8 March 2027
Enrolments close/census 24 March 2027
Study period ends 28 May 2027
3 May 2027 - 23 Jul 2027
Study period commences 3 May 2027
Enrolments close/census 19 May 2027
Study period ends 23 July 2027
28 Jun 2027 - 17 Sep 2027
Study period commences 28 June 2027
Enrolments close/census 14 July 2027
Study period ends 17 September 2027
Assessment dates See assessment timetable
23 Aug 2027 - 12 Nov 2027
Study period commences 23 August 2027
Enrolments close/census 8 September 2027
Study period ends 12 November 2027
18 Oct 2027 - 7 Jan 2028
❌ Enrolments now closed
Study period commences 18 October 2027
Enrolments close/census 3 November 2027
Study period ends 7 January 2028
Assessment dates N/A
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Further fees
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