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|Offerings:||Trimester 1 or trimester 2|
|Unit chair:||C Laming|
Online teaching methods require internet access. Please refer to the most current computer specifications.
This unit introduces students to insurance, the insurance market and insurance law. The unit examines a range of areas including the concepts of risk and insurance, and the principal legislation governing insurance in Australia. Topics include: insurance in Australia; risk concepts and an introduction to risk management; the insurance mechanism; types of insurance policies; an introduction to underwriting; legal principles of insurance; the Insurance Contracts Act 1984; the Financial Services Reform Act 2001; and the Insurance Act 1973.
Written assignment 3000 words 30%, examination 3 hours 70%
Hurdle requirement: achieve at least 50% of the marks available on the examination.
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