MAA319 - Estate Planning and Insurance
Unit details
| Year | 2025 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Online Trimester 2: Burwood (Melbourne), Waterfront (Geelong), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Previously coded as: | MAF316 |
| Unit Chair: | Trimester 1: Peter Ngigi Trimester 2: Peter Ngigi |
| Prerequisite: | MAA255 |
| Corequisite: | Nil |
| Incompatible with: | MAF316 |
| Educator-facilitated (scheduled) learning activities - on-campus unit enrolment: | 1 x 3 hour on-campus seminar (recordings provided) each week |
| Educator-facilitated (scheduled) learning activities - online unit enrolment: | 1 x 1.5 hour recorded lecture and 1 x 1.5 hour online seminar (recordings provided) each week |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
Content
This unit introduces students to the role of the professional financial adviser in the areas of estate planning and risk management and insurance. The unit covers a number of important topics within estate planning including Wills, powers of attorney, intestacy, estate and non-estate assets, trusts (including testamentary trusts), distribution of estate assets and the tax implications of the deceased estates. Within the area of risk management and insurance, topics include an introduction to risk management and insurance; the role and regulation of the insurance industry in Australia, insurance contracts, types of personal insurance policies and the taxation of these products.
The unit seeks to provide an introduction to the key concepts of estate planning and personal risk insurance and then examines the application of these concepts to the provision of strategic advice and practical strategies to clients.
Learning Outcomes
| ULO | These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can: | Alignment to Deakin Graduate Learning Outcomes (GLOs) |
|---|---|---|
| ULO1 | Explain the key features of estate planning, personal risk insurance and risk management and the regulatory contexts in which they operate. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Analyse client needs in relation to estate planning and insurance and formulate constructive recommendations. | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Identify taxation issues associated with personal insurance and estate planning and develop a range of possible strategies to mitigate the problems identified. | GLO1: Discipline-specific knowledge and capabilities |
| ULO4 | Present analysis and solutions incorporating use of technology to clients on estate planning and insurance matters. | GLO2: Communication |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) (Online) Multiple Choice Quiz | 60 minutes | 20% | Week 5 |
| Assessment 2: Case Study: Data analysis with Written Report (Business) | 3000 words (excluding appendices, spreadsheets) | 40% | Week 9 |
| Assessment 3: (Individual) Report (client) | 3000 words | 40% | Week 11 |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning resource
The texts and reading list for MAA319 can be found via the University Library.
Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.