Insurance for visa holders and travellers

Insurance for visa holders and travellers CPD Short Course

Increasingly, the globalisation of large corporates, or simply the desire to live, work or study overseas, is seeing advisers needing to look at additional aspects of a client situation.

Where traditionally insurers may have limited questioning to a client’s place of birth, the desire for many Australians to permanently relocate overseas, or travel internationally for an extended period, is requiring unique treatment by insurers at underwriting, or for some, whether and how to continue to honour existing policies.

The vast array of different visas used by foreigners who may have decided to temporarily or permanently call Australia home means that analysing a client’s insurance needs is becoming an increasingly sought-after ability among risk advisers looking to broaden their skill set.

About our Course

Our Online Course explores the types of visas advisers can encounter, before looking at the way in which non-residents can be treated by insurers.

Insurance for visa holders and travellers is also is an informative topic in our Financial Services CPD library.

Program Content

  • Working, travelling or studying in Australia
  • Advising visa holders on insurance
  • Travel considerations and insurance
  • Residents and permanent departure

Learning Outcomes

  • Describe the different forms of visas that exist in Australia today
  • Discuss the types of requirements advisers should consider for visa holders seeking life insurance products
  • Explain the implications of travel for new and existing policy holders
  • Assess considerations for Australian residents who choose to permanently relocate overseas.

What you will learn

Who is this course for?

  • Compliance Managers
  • Representatives
  • Senior Managers

Units of Competency

Pre-requisite

Recognition of Prior Learning

Certification

You will be awarded a Certificate of Completion. It will be available online for you to download and print immediately.

ASIC-supervised licensees: Life Insurance
FAS-supervised licensees: Technical competence

Explore our Financial Services CPD

Our short course topics are also included in our annual subscription Financial Services CPD library.

Download Brochure

Frequently Asked Questions

Our CPD short courses are self-paced with online learning resources & on-going support.
  • You have up to 8 weeks to complete the learning and assessment requirements for your CPD short course.
  • Experienced professionals can complete in less time.

Our CPD short courses are assessed by a short open book multiple-choice exam.

To get started, either
  • Purchase your course online. (If checking out for your team, you can add multiple courses to the cart.) OR
  • Contact Us to arrange an invoice
Please note: Online orders may take up to 1 business day to be processed and for you to receive your course login details.  

To get started, either:
  • Purchase course/s online. (You can add multiple courses to the cart.) Please note: Online orders may take up to 1 business day to be processed and for your team to receive their course login details.
OR
Contact us for your Corporate Solution.
What is RG206?2023-04-21T07:53:53+10:00

Regulatory Guide 206 Credit licensing: Competence and training (RG 206)

Credit licensees must comply with the organisational competence obligation in s47(1)(f) of the National Consumer Credit protection Act 2009 (National Credit Act). Regulatory Guide 206 Credit licensing: Competence and training (RG 206) sets out the minimum expectations for demonstrating organisational competence.

What you need to do to comply will depend on the nature, scale and complexity of your business. However, Regulatory Guide 206 Credit licensing: Competence and training (RG 206) sets out our minimum expectations for demonstrating organisational competence.

You must also ensure that your representatives are adequately trained and competent to engage in the credit activities authorised by your licence: s47(1)(g).

ASIC generally expects you to determine what is appropriate initial and ongoing training for your representatives and to embed this in your recruitment and training systems.

Updated annually, our CPD is designed to enable Responsible Managers and Representatives of Australian Credit Licensees to meet their mandatory RG206 continuing training requirement. Our CPD that is structured, properly assessed and recorded.

Financial Education Professionals acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past, present and emerging.