Insurance and Estate Planning

FIN80022 12.5 Credit Points Hawthorn, Online Available to incoming Study Abroad and Exchange students


  • One Semester or equivalent

Contact hours

  • 36 hours

On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.

2023 teaching periods

Swinburne Online

Teaching Period 2

10 Jul 23 - 8 Oct 23

31 Oct 23

Last self enrolment:
23 Jul 23

4 Aug 23

Last withdraw without fail:
25 Aug 23

Aims and objectives

This unit aims to discuss the legal principles that formed the basis of insurance contract and application of insurance policies to manage personal risk. Students will receive clear understanding of the concept of wealth protection and examines the applications of personal insurance and risk management. Consequently, students will learn about different types of insurance strategies, insurance products, regulations and tax implications in developing financial advice. This unit also assesses the critical role of estate planning in the creation of an effective financial plan. Students will apply risk management and estate planning knowledge to generate financial planning strategies using advice technologies.
Unit Learning Outcomes (ULO)
Students who successfully complete this unit will be able to:
1. Critically analyse different types of life and general insurance products and related regulations
2. Formulate insurance strategies and discuss their applications for managing clients’ risk
3. Critically analyse estate planning and administration processes to address diverse clients’ needs and risks in wealth creation and asset protection
4. Apply coherent and advanced knowledge of insurance and estate planning to construct a Statement of Advice and recommend strategies and products that meet client’s objectives and constraints using financial advice technologies
5. Communicate proficiently and in a professional context and work effectively as a member of a team