Qualification Outline
22/07/2026 12:00 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Certificate IV in Life Insurance
Certificate IV in Life Insurance
FNS41521
BHK4
Current
Approved
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 1.00 | 27/01/2022 | Current | Approved |
Description
This qualification reflects the role of entry level life insurance consultants, who work in a range of practice environments. Individuals in these roles often work in teams and apply specialist knowledge and skills to work autonomously and exercise judgement in completing routine and non-routine activities relating to customer service and processing life insurance policies and claims. They apply solutions to a defined range of life insurance problems and analyse and evaluate information from a variety of sources.
Licensing, legislative, regulatory or certification considerations
Work functions in the occupational areas where this qualification is used may be subject to regulatory requirements. Relevant regulatory authorities should be consulted to confirm those requirements before applying the qualification.
Schedule
Packaging Rules
Total number of units = ten (10)- four (4) core units plus
- six (6) elective units, of which:
- at least three (3) must be from the elective units listed below
- the remaining units may be from this qualification or from any currently endorsed Certificate III or above training package qualification or accredited course.
Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment, not duplicate the outcome of another unit chosen for the qualification, and contribute to a valid industry-supported vocational outcome.
1. Core Units
All four (4) units must be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| ODR83 | FNSINC413X | Apply codes and standards of ethical practice to own role | 35 | Unit of competency |
| OBR53 | FNSINC411 | Conduct work according to professional practices in the financial services industry | 25 | Unit of competency |
| ODR90 | FNSILF413 | Develop and maintain in-depth knowledge of life insurance products and services | 50 | Unit of competency |
| ODR79 | FNSILF409 | Work effectively and sustainably in the life insurance industry | 35 | Unit of competency |
2. Elective Units
Six (6) electives must be completed, with at least three (3) selected from the list below.
Please refer to the packaging rules for the full details of available options.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| AVX2 | FNS41515 | Certificate IV in Life Insurance | Qualification |
No information
Entry Requirements
Nil
Traineeships and Apprenticeships