Overview
This unit describes the skills and knowledge required to calculate benefits and settle claims made under risk-based life insurance policies.
The course applies to individuals who use specialised knowledge and systematic approaches to settle life insurance claims.
Learning Outcomes
On completion of this course, you should be able to:
- Review settlement advice for claims against life insurance policies
- Calculate settlement details
- Finalise claims payment.
Course Outline
- 1.1: Learning Objectives
- 1.2: Learning Aids Contained in this Course
- 2.1: Life insurance claims
- 2.2: Organisational processes and procedures
- 2.3: Law and regulation in life insurance
- 2.4: Summary
- 3.1: Identifying liability
- 3.2: The claim settlement evidence
- 3.3: Finalising a claim
- 4.1: Notification and discharge
- 4.2: Making payment
- 4.3: Case studies: Life insurance risk products
- 4.4: Summary
- 5.1: Finalisation of the claims process
- 5.2: Ex gratia payments
- 5.3: Declining a claim
- 5.4: Claims records and reviews
- 5.5: Summary
Price: US$185
Course Features
- Modules 5
- Duration 4 Weeks
- Content Type Text & media
- Assessment Yes
- Pass Percentage 70%
- Certificate Yes
