RG146 Insurance Adviser course

Life Insurance Adviser Course

The Life Insurance Adviser Knowledge & Skills course is designed for individuals who require authorisation by an Australian Financial Services License (AFSL) holder to provide advice on regulated Insurance products.

 For existing authorised representatives, successful completion of this course allows you to extend your advisory range into Insurance products.

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Focused on your Success

We recognise that employers are increasingly looking for candidates who are aware of the challenges of being a successful financial adviser.

Often a candidate’s Qualification is the only evidence that they possess the technical knowledge and skills requirements to conduct themselves professionally as an authorised representative. Unfortunately, this can not be said for all training providers.

With a RG146 Training Australia (formerly known as PS146 Training Australia) qualification you have confidence in the fact that you will be equipped with the skills and knowledge gained from a credible industry-endorsed program that employs best practice assessment standards, helping you graduate at the leading edge of your chosen field.

“RG146 Training Australia simply makes our lives easier. Their professional problem-solving approach allows us to focus on other parts of the business; safe in the knowledge that RG146 graduates have what is takes to provide our clients with sound and accurate advice.” Charles Cavallaro, Professional Development Coordinator, Asgard, Securitor, St George

Course Outcome

The Life Insurance Adviser course will equip you with the specialist knowledge and technical skills to provide compliant advice to clients on income protection, life insurance and trauma insurance.

Who Should Enrol?

This course is suitable for:

Course Entry Requirement

This is an open entry course with no pre-requisite qualifications. In order for participants to successfully complete this course, it is recommended they have a strong grasp of literacy and numeracy.

Course Structure

Competencies

Provide Advice in Life Insurance (Personal Advice)

  • Provide advice in Life Insurance
  • Comply with financial services legislation, industry and professional codes of practice
  • Record and implement client instructions
  • Conduct product research to support recommendations
  • Provide appropriate services, advice and products to clients

Provide Advice in Life Insurance (General Advice)

  • Provide general advice on financial products and services

Content

Individuals seeking to provide Tier 1 compliant advice on regulated Life Insurance products, are required to successfully complete :

  • Financial Advice comprising Australian Industry Essentials and Financial Advice Fundamentals , plus
  • Life Insurance
  • General Advice candidates are only required to undertake assessment for Australian Industry Essentials Life Insurance.
  • Personal Advice candidates are required to undertake assessment for Australian Industry Essential, Financial Advice Fundamentals and Life Insurance.

Financial Advice

Australian Industry Essentials

  • Australian Economy
  • Australian Financial Markets
  • Investment Funds
  • Corporations Act
  • Regulatory Environment
  • Licensees & Representatives
  • Ethics

Financial Advice Fundamentals

  • Personal Taxation
  • Social Security
  • Wealth Creation Fundamentals
  • Estate Planning Fundamentals
  • Establishing Client Relationship
  • Identify Client Objectives & Financial Situation
  • Analyse Client Objectives & Financial Situation
  • Develop Strategies & Solutions
  • Present Strategies & Solutions
  • Implement Agreed Plan
  • Provide On-going Advice

Life Insurance

Core Area

  • Understanding Insurance
  • Operation of Insurance Markets    
  • General Insurance   
  • Personal Insurance
  • Advisory Functions
  • Legal Obligations and Compliance

Specialist Area

  • Life Insurance Market
  • Term Life Insurance
  • Total and Permanent Disability (TPD)
  • Trauma Insurance
  • Income Protection Insurance 
  • Business Insurance
  • Life Insurance, Taxation and Superannuation
  • Role of the Adviser

 

Assessment

This course is assessed via the completion of several multiple choice questions, a case study and role play (work-place simulation). 

Note – General Advice candidates do not require adviser skills and therefore are exempt from adviser skills assessments.

Course Options

If you only intend to inform clients about a product without making a recommendation this is the course for you.

Distance Learning

  • No hidden costs
  • Self-Paced, start any time
  • Online assessment
  • 1300 phone support

$780.00

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Workshop

  • No hidden costs
  • Interactive learning
  • Experienced facilitators
  • National Workshops

$1,320.00

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Enrol Now