Unit of competency Outline
Date retreived
22/07/2026 7:55 PM AWST
22/07/2026 7:55 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.
Underwrite complex non-medical risks
Underwrite complex non-medical risks
Unit of competency
National Code
FNSILF503
FNSILF503
State Code
AUR81
AUR81
TGA Status
Deleted
Deleted
DTWD Status
Deleted
Deleted
State Implementation and Classification
Approved Date
16/09/2015
Field of Education
081103 - Insurance And Actuarial Studies
Original Release Date
16/09/2015
Nominal Hours
50
Description
This unit describes the skills and knowledge required to apply complex non-medical risk assessment to the underwriting of a life insurance application.It applies to those engaged in underwriting functions of companies within the life insurance sector.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
No information
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| WC243 | FNSILF503A | Underwrite complex non-medical risks | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWB9 | FNS51315 | Diploma of Life Insurance | Qualification |