Tier 1 General Insurance
Tier 1 RG 146 General Insurance
Our online course describes the knowledge and skills required to analyse client needs and to deal ethically and professionally in Tier 1 regulated general, personal and business insurance products. It addresses the training requirements of current Australian Securities and Investments Commission (ASIC) and Australian financial services (AFS) licensing at Tier 1 level.
To be RG146 compliant to provide general advice in Tier 1 General Insurance, you must also successfully complete Generic Knowledge.
RG146 General Insurance can be studied as a short industry course under Responsible Manager Nomination Option 3, if this learning is specifically relevant to the sector or products the responsible manager’s role relates to (RG 105.69).
About our course
Our course incorporates coverage of personal sickness and accident insurance. As well as specialist industry knowledge, our course offers tips for engaging with clients – whether they are enquiring over the phone or in person.
Program Content
- Topic 1: Insurance markets
- Topic 2: Specialist general insurance knowledge & personal sickness and accident insurance
- Topic 3: Providing insurance product information
Learning Outcomes
What you will learn
- Key participants, products, and activities that comprise insurance markets
- Risks that general insurance is designed to protect against
- Features and characteristics of commonly offered property and liability insurances
- What personal sickness and accident insurance is and the implications of ASIC considering it a more complex insurance product
- Conduct and disclosure requirements prescribed in legislation, and other regulation that applies to the insurance sector
- Best practice principles for providing general advice to clients
Who is this course for?
Units of Competency

Pre-requisite
Recognition of Prior Learning
Certification
On successful completion of Tier 1 General Insurance participants will be awarded with a Certificate of Completion.
On successful completion of Generic Knowledge and Tier 1 General Insurance, you will be awarded a Certificate of Attainment confirming that you are RG 146 compliant to provide general advice in Tier 1 General Insurance.
This accredits you to give:
- General advice to retail clients
- General or personal advice to wholesale clients.