FNS51315 Diploma of Life Insurance

deletedthe status token training.gov.au records

Transition clockClosed to new enrolments

Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule

The status above is the one training.gov.au records for FNS51315, written exactly as the register writes it. It is not one of the three we put into words, so we leave it in the register's own terms.

Product type
Qualification
Training package
FNS — Financial Services Training Package
Currency period ends
25 January 2022
Latest release
Release 5 · 9 July 2021 · 5 releases in all
Supersedes
FNS51312
Superseded by
nothing — no replacement listed

Where the register points next

training.gov.au does not publish a supersession path from FNS51315. There is no chain to follow from here.

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.

  • FNS51312FNS51315equivalent24 March 2015

    Updated to meet Standards for Training Packages

Is FNS51315 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS51315 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Enter your RTO number and we read every product on your live scope against training.gov.au and tell you which ones are superseded and which replacements the register flags not equivalent.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 — nothing is stored unless you ask us to watch it.

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 FNS51315 is made of

training.gov.au lists 33 units for FNS51315: 1 core and 32 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 1 listed

CodeUnitIn this product
FNSILF403Develop and maintain in-depth knowledge of products and services used by the life insurance sectornot current

Elective units 32 listed

CodeUnitIn this product
FNSASICM503Provide Tier 1 personal advice in life insurancenot current
FNSASICX503Provide advice in life insurancenot current
FNSCMP501Comply with financial services legislationcurrent
FNSCUS505Determine client requirements and expectationsnot current
FNSCUS506Record and implement client instructionsnot current
FNSIAD501Provide appropriate services, advice and products to clientsnot current
FNSILD501Prepare a distribution plancurrent
FNSILD502Resource a distribution plancurrent
FNSILD503Establish services to provide advicenot current
FNSILD504Implement and manage the distribution plancurrent
FNSILF502Underwrite complex medical risksnot current
FNSILF503Underwrite complex non-medical risksnot current
FNSILF504Manage complex life insurance claimsnot current
FNSILF505Manage ongoing disability claimsnot current
FNSILF506Manage group life insurance claimsnot current
FNSILF507Manage group life insurance policy administrationcurrent
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
FNSISV406Use specialist terminology in insurance claimsnot current
FNSISV407Use medical terminology in an insurance contextnot current
FNSISV502Review operational performance of the portfolionot current
FNSISV503Undertake post-loss risk managementcurrent
FNSISV504Negotiate treaty reinsurancenot current
FNSISV506Investigate insurance claimsnot current
FNSISV509Analyse financial, medical and psychological claims assessmentsnot current
FNSISV512Work with legal teams to resolve complex claimsnot current
FNSISV513Provide decisions on legal liability and indemnity of a claimcurrent
FNSISV514Review and update claim reserves in portfoliocurrent
FNSISV525Evaluate and report on status of insurance claims portfolioscurrent
Show the remaining 2 elective units
CodeUnitIn this product
FNSISV535Determine risk rating for investment and insurance productscurrent
FNSISV537Review claims settlement policies and procedurescurrent

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 28 August 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

Is FNS51315 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.

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