Area: | School of Economics and Finance |
Credits: | 25.0 |
Contact Hours: | 3.0 |
Lecture: | 1 x 2 Hours Weekly |
Workshop: | 1 x 1 Hours Weekly |
Prerequisite(s): | 11010 (v.2) Law (Contract) 101 or any previous version
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Co Requisite(s): | 2807 (v.5) Finance (Managerial) 212 or any previous version
OR
12607 (v.3) Finance (Principles) 215 or any previous version
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Syllabus: | The insurance industry, compliance issues and professional conduct, insurance policy law, life insurance, consumer protection, other types of personal risk insurance, general (non-life) insurance and legislated compulsory insurance. |
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Unit Outcomes: | On completion of this course students will have- Outlined the different forms of risk an individual may face, and those forms that can be managed through insurance planning. Described the five steps involved in risk management. Understood the regulatory framework governing the insurance industry. Identified, analysed and evaluated the personal and family risk and explained the rationale. Outlinede and differentiated the features of the various types of insurance products, both personal and general insurance. Developed and implemented strategies, and, explained the review process, claims and handling disputes. |
Texts and references listed below are for your information only and current as of September 30, 2003. Some units taught offshore are modified at selected locations. Please check with the unit coordinator for up-to-date information and approved offshore variations to unit information before finalising study and textbook purchases. |
Unit References: | Farmer, J., (1998), Roadmap to Life Insurance Products, Sydney, CCH Australia Ltd. Mann, P., (2001), Annotated Insurance Contracts Acts, Sydney, Lawbook Company. Diploma in Financial Planning 2 (Risk Management and Insurance) (2002), Study Guide (Financial Planning Association), Geelong, DeakinPrime. |
Unit Texts: | Vaughan, E.J. & Vaughan, T., (1999), Fundamentals of Risk and Insurance, New York, Wiley. |
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Unit Assessment Breakdown: | Assignment 30%, Final Examination 70%. This is by grade/mark assessment. |
Field of Education: | 81103 Insurance and Actuarial Studies | HECS Band (if applicable): | 2 |
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Extent to which this unit or thesis utilises online information: | Not Online | Result Type: | Grade/Mark |
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Availability
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 1 | Y | | |
Area
External | refers to external course/units run by the School or Department, offered online or through Web CT, or offered by research. |
Central
External | refers to external course/units run through the Curtin Bentley-based Distance Education Area |
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