FNS51115 Diploma of General Insurance

Supersededtraining.gov.au: supersededNonEquivalent

The currency period for FNS51115 ended on 2 November 2020 — 5 years ago. It names one replacement below, with the equivalence it declares for each.

Transition clockOpen for new enrolmentsClosing to new enrolments soonClosed to new enrolments

For an RTO registered by ASQA, new enrolments are not permitted today, unless ASQA has approved otherwise — for your organisation, for a class of RTOs, or for all RTOs. The one-year point this rule counts from — one year from the date the replacement was included on the National Register — fell earlier, on 4 November 2021. That date is arithmetic, not a day on which this instrument prohibited anything: s 14(1)(a)(i) of the National Vocational Education and Training Regulator (Compliance Standards for NVR Registered Training Organisations and Fit and Proper Person Requirements) Instrument 2025 (F2025L00355) commenced on 1 July 2025 and imposes nothing before then. RTOs registered by VRQA in Victoria or by the TAC in Western Australia are not covered by it.

Learners already enrolled have no fixed deadline: they complete the product and are issued their AQF certification, or transfer to the replacement, in a timely manner (ASQA guidance, read live 25 August 2026).

A second obligation follows from the same fact: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted. For an RTO registered by ASQA, new enrolments in this product are not permitted today, so a course page advertising it is not permitted either — and if ASQA approves a later enrolment date, that moves with it.

Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule

For an ASQA-registered RTO that does not already hold it, adding FNS51120 to scope is a change-of-scope application to ASQA, with a fee set by law: A$200 application fee + A$1,100 assessment fee per application (up to 5 VET courses and 50 units of competency). RTOs registered by a state regulator, and ASQA delegates, sit under other arrangements. Source: NVR Fees Determination 2026, F2026L00814, from 1 July 2026 · read 5 September 2026.

Product type
Qualification
Training package
FNS — Financial Services Training Package
Currency period ends
2 November 2020
Latest release
Release 3 · 13 February 2018 · 3 releases in all
Supersedes
FNS51110
Superseded by
FNS51120 not equivalent

Where the register points next

Each step below is one supersession training.gov.au publishes between two products. The label on the rail is the equivalence the register declares for that step — not our reading of it.

  1. FNS51115Superseded — not equivalentDiploma of General Insurance
  2. not equivalent
  3. FNS51120CurrentDiploma of General Insurance

What the register says changed

These are the mapping notes training.gov.au attaches to each supersession, quoted as the register writes them. They are the only public record of what actually changed between two versions.

  • FNS51110FNS51115equivalent24 March 2015

    Updated to meet Standards for Training. Packages. Packaging rules have been simplified and clarified Core units reduced from three to two.

  • FNS51115FNS51120not equivalent3 November 2020

    The register records this supersession but attaches no note on what changed.

Official documents on the register

What training.gov.au lists for FNS51115 and for its training package FNS (release 8.2), with the name and date the register publishes for each file. We link them; we have not read them, and nothing on this page is taken from their contents.

Is FNS51115 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS51115 sits on your own scope today, or what else on that scope has moved without anyone noticing. Enter your RTO number and we read every product on your live scope against training.gov.au and tell you which ones are superseded and which replacements the register flags not equivalent.

Public code, nothing else. We read your live scope from training.gov.au and answer here — we keep neither the code nor the answer; what remains is the two-minute abuse counter described on our privacy page.

Whether a supersession requires anything of you, and what, sits with you and your regulator. This page maps what the register records; it does not make that judgement. If the difference between an equivalent and a non-equivalent replacement is the question, we wrote it up in equivalent vs not equivalent.

What FNS51115 is made of

training.gov.au lists 40 units for FNS51115: 2 core and 38 elective. The register does not publish a completion rule in units for this product, so we do not state one. How many of the electives are required is in the packaging rules on training.gov.au.

Core units 2 listed

CodeUnitIn this product
FNSINC401Apply principles of professional practice to work in the financial services industrynot current
FNSINC402Develop and maintain in-depth knowledge of products and services used by an organisation or sectornot current

Elective units 38 listed

CodeUnitIn this product
BSBCUS501Manage quality customer servicenot current
BSBRES401Analyse and present research informationnot current
BSBSLS501Develop a sales plannot current
BSBSUS501Develop workplace policy and procedures for sustainabilitynot current
BSBWHS404Contribute to WHS hazard identification, risk assessment and risk controlnot current
FNSASICN503Provide Tier 1 personal advice in general insurancenot current
FNSASICO503Provide Tier 1 general advice in general insurancenot current
FNSCUS402Resolve disputesnot current
FNSCUS501Develop and nurture relationships with clients, other professionals and third party referrersnot current
FNSCUS502Monitor client requirementsnot current
FNSCUS503Review business performancenot current
FNSCUS504Manage premium customer relationshipscurrent
FNSCUS505Determine client requirements and expectationsnot current
FNSCUS506Record and implement client instructionsnot current
FNSIAD501Provide appropriate services, advice and products to clientsnot current
FNSINC501Conduct product research to support recommendationsnot current
FNSINC503Identify situations requiring complex ethical decision makingnot current
FNSINC504Apply ethical frameworks and principles to make and act upon decisionsnot current
FNSISV501Issue contracts of insurance covering non-routine and complex situationsnot current
FNSISV502Review operational performance of the portfolionot current
FNSISV503Undertake post-loss risk managementcurrent
FNSISV504Negotiate treaty reinsurancenot current
FNSISV505Determine risk rating for investment and insurance productsnot current
FNSISV506Investigate insurance claimsnot current
FNSISV507Implement claim recovery proceduresnot current
FNSISV508Review and advise on claims costs, policies and procedurescurrent
FNSISV510Manage non-routine and complex claimsnot current
FNSISV511Settle non-routine and complex claimsnot current
FNSISV512Work with legal teams to resolve complex claimsnot current
FNSISV513Provide decisions on legal liability and indemnity of a claimcurrent
Show the remaining 8 elective units
CodeUnitIn this product
FNSISV514Review and update claim reserves in portfoliocurrent
FNSISV515Evaluate and report on status of claims portfolionot current
FNSISV516Allocate authorities and guidelines for distributionnot current
FNSRSK501Undertake risk identificationnot current
FNSRSK502Assess risksnot current
FNSSAM501Apply advanced selling techniques to selling of financial products and servicesnot current
FNSSAM502Assess market needsnot current
FNSSAM503Monitor market opportunitiescurrent

Core and elective are the register's own flags on the unit grid of the release read here. "Not current" means training.gov.au no longer recommends that unit for use inside this product — it does not say anything about the product itself.

Source: this product on training.gov.au, Australia's national training register — or go straight to the units it requires. The rule itself is item 14 of F2025L00355, and ASQA publishes the extensions it has granted. Read on 14 October 2026 UTC. Every code, title, date, status and equivalence flag on this page is the register's; nothing here is estimated or inferred, and where the register publishes nothing we say so.

Every FNS training product on the register · Search all training products

Take this with you — one email with this page's clock as the register states it today. Nothing scheduled after it.

No account, no card. Your address gets this one email — no list, no marketing. Cutoff alerts only ever come from a watch you start yourself — the box just records your yes now — and every alert has a one-click stop.

Is FNS51115 still on your scope? Type your RTO code and get the free breakdown — every superseded product on your live scope, and whether the register flags each replacement equivalent.

No account, no card. We never ask for anything about your learners. Your address gets this one report — no list, no marketing — and the scope watch only if you tick the box, with one click to stop it.