ANZIIF members are recognised throughout the insurance and financial services industry as professionals who are qualified, knowledgeable and committed to excellence in their fields. DLI holders are eligible to apply for Associate CIP membership.
ANZIIF grants Associate Membership to financial services professionals who have completed an insurance/finance qualification equivalent to the ANZIIF Certificate IV level or any other recognised education requirement (Life or General Insurance Affiliateship). Upon such membership approval, an Associate of ANZIIF may use the post nominal ANZIIF (Assoc) CIP.
Do note that ANZIIF reviews its membership criteria, benefits and eligibility requirements from time to time. All decisions on election to membership will reflect the requirements at the time of application.
(a) DLI01: Individual Life Insurance
This module provides in-depth knowledge of life insurance, its underwriting process and the role of claim assessors. It covers a wide range of topics from the basis of life insurance, product design and pricing, to the various types of life, annuity and disability insurance products.
The DLI01 Study Text consists of 561 pages (excluding Supplementary Notes).
(b) DLI02: Risk Management, Insurance and Retirement Planning
Focuses on the use of risk management techniques in treating the risks faced by individuals. It also provides an outline of the basic insurance principles, as well as the various classes of insurance, given the importance of insurance in the risk management process. In addition, it presents the steps in insurance planning to equip the candidates with the knowledge on how to perform insurance planning services.
The DLI02 Study Text consists of 271 pages (excluding Supplementary Notes).
Candidates will be taught the importance of retirement planning, the possible sources of retirement funds, how to invest for retirement, how to help their clients overcome inadequate retirement resources as well as the steps involved in quantifying one’s retirement needs.
(c) DLI03: Life Insurance Law
This module examines and provides in-depth treatment of the legal aspects of life insurance, including basic principles of contract law, incontestable clause, assignments, law of agency and the rights of beneficiaries.
The DLI03 Study Text consists of 256 pages (excluding Supplementary Notes).
(d) DLI04: Life Insurance Company Operations
This module provides a good understanding of the life insurance company’s operational processes. It also covers specific functions such as claims handling, new business, information technology, actuarial management and marketing.
The DLI04 Study Text consists of 683 pages (excluding Supplementary Notes).
(e) DLI05: Financial Planning: Process and Environment
Provides an overview of the financial planning process, including communication techniques, ethics, risk tolerance, time-value-of-money concepts and financial planning applications. It also offers an understanding of the role and responsibilities of a financial planner, along with some analytical skills to aid in financial decision making.
The DLI05 Study Text consists of 290 pages (excluding Supplementary Notes).