Qualification Outline
22/07/2026 2:29 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
FNS41515
AVX2
Replaced
Replaced
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 5.00 | 09/07/2021 | Current | Approved |
| 4.00 | 12/02/2021 | Replaced | Approved |
| 3.00 | 06/09/2018 | Replaced | Approved |
| 2.00 | 22/04/2015 | Replaced | Approved |
| 1.00 | 25/03/2015 | Replaced | Approved |
Description
This qualification is designed to reflect the role of persons carrying out work in life insurance in a range of environments including as a team member in a large organisation or a small practice. Individuals in these roles apply specialist knowledge and skills to work autonomously and exercise judgement in completing routine and non-routine activities relating to customer service and assistance with policies and claims. They apply solutions to a defined range of life insurance problems, and analyse and evaluate information from a variety of relevant sources
Licensing/Regulatory Information
No licensing or certification requirements apply to this qualification at the time of publication. However, some units will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit. Refer to the FNS Implementation Guide Companion Volume for guidance on requirements.
Schedule
Packaging Rules
Total number of units = thirteen (13)- two (2) core units plus
- eleven (11) elective units
The elective units consist of:
- eight (8) from the electives below.
Of the remaining three (3) units:
- up to three (3) may be from the electives
- up to three (3) may be from a Certificate III, Certificate IV or Diploma in any endorsed training package or accredited course.
The elective units chosen must be relevant to the work outcome and meet local industry needs.
1. Core Units
The following two (2) units must be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| AUW99 | FNSILF403 | Develop and maintain in-depth knowledge of products and services used by the life insurance sector | 50 | Unit of competency |
| AUR92 | FNSINC301 | Work effectively in the financial services industry | 45 | Unit of competency |
2. Elective Units
At least eight (8) units must be chosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| D775 | FNS41512 | Certificate IV in Life Insurance | Qualification |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| BHK4 | FNS41521 | Certificate IV in Life Insurance | Qualification |
No information
Entry Requirements
Nil.
Traineeships and Apprenticeships