300958 (v.3) Finance (Risk and Insurance) 309
| 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. |
| Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information. |
| 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. |
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 1 | Y | | | |
Current as of: February 2, 2004
CRICOS provider code 00301J
