NZ CFS L5 General Insurance case studies
NZ CFS L5 General Insurance · Put your knowledge to work in context.
The New Zealand Certificate in Financial Services (Level 5) – General Insurance strand is an NZQF qualification delivered by accredited training providers. It is built for people working in, or moving into, general insurance roles: personal and commercial lines advisers, brokers, underwriters, claims and client-service staff, and anyone assembling the competence evidence expected in a licensed financial advice setting. It is a qualification, not a licence. Assessment is modular and provider-specific, but the learning usually spans the regulatory, legal and ethical framework; insurance principles and how risk is pooled and priced; personal and commercial cover; client information gathering and needs analysis; underwriting and policy documentation; claims handling and settlement; and insurer operations and distribution. The NZ CFS L5 General Insurance case studies are 5 cases and about 2,807 words.
1Commission, Replacement and the 'Cheapest' Instruction
Ana is a financial adviser at a small Auckland financial advice provider (FAP). Her client Ravi owns a 1960s warehouse insured with Insurer A.
568 words, about 3 min2Brewery Fire: Average, Business Interruption and Broker Reliance
Tomo owns a small brewery insured under a commercial material damage and business interruption policy. The sums insured are: building 1.2 million, plant 450,000, stock 180,000, and business interruption 600,000 for a 12-month indemnity period.
611 words, about 3 min3Rideshare, Non-Disclosure and the Broker's File Note
Mere insures her 2016 Toyota Aqua under a private motor policy for 'private and commuting use'. Her son Hemi, 22, is a listed driver.
527 words, about 3 min4Landlord's Rental: Tenant Damage, Meth and Refinancing
Priya owns a 1970s three-bedroom rental in Hamilton. Her 'House Owner' policy has a landlord's contents extension of 20,000, no rent-default cover and a 1,000 excess.
538 words, about 3 min5Subcontractor Warranty and the Tender Deadline
Kauri Builders Ltd is a residential renovation company with 14 staff and 4.2 million annual turnover. It holds a contract works policy and a public liability policy with a 2 million limit.
563 words, about 3 min