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General Insurance Adviser - General Advice

Notice - General Insurance Adviser

Please note that we no longer offer this course.

The General Insurance course is designed for individuals who are interested in a career selling General, Personal and Business Insurance products as covered by Regulatory Guideline 146 (RG146).

For existing authorised representatives, successful completion of this course allows you to extend your advisory range into General Insurance products.

Focused on your Success

We recognise that employers are increasingly looking for candidates who are aware of the challenges of being a successful financial adviser.Often a candidate’s Qualification is the only evidence that they possess the technical knowledge and skills requirements to conduct themselves professionally as an authorised representative. Unfortunately, this can not be said for all training providers.

With a RG 146 Training Australia Diploma of Financial Planning qualification you have confidence in the fact that you will be equipped with the skills and knowledge gained from a credible industry-endorsed program that employs best practice assessment standards, helping you graduate at the leading edge of your chosen field.

Course Outcome

The General Insurance Advice course will equip you with the specialist knowledge and technical skills to provide compliant advice to clients on:

personal insurance related to:

  • house and contents,
  • motor vehicle
  • caravan
  • boat
  • travel and
  • consumer credit

business insurance related to:

  • sickness and accident
  • liability
  • personal indemnity and
  • workers compensation

RG146 Registered

Mentor’s courses offer more than just compliance training that meets the requirements of Regulatory Guideline 146 (RG146). They are designed to engage and challenge, so that you or your advisers are equipped with both the skills and knowledge required to deliver quality advice outcomes to your clients.

Who Should Enrol?

This course is suitable for:

  • Individuals seeking employment with any general insurance company
  • Individuals engaged in the promotion of general insurance products

Course Entry Requirement

This is an open entry course with no pre-requisite qualifications. In order for participants to successfully complete this course, it is recommended they have a strong grasp of literacy and numeracy.

Level of Advice

All financial product advice are labelled under two types of advice: general advice or personal advice. ASIC has provided guidance as to the difference between general advice and personal advice. Both general advice and private advice are outlined under section 766B of the Corporations Act.

Mentor Education’s RG146 General Insurance Short Course covers general advice only, personal advice is not covered.

General Advice

General Advice relates to financial products or investments that can be obtained from an individual that holds an Australian Financial Services Licence (AFSL) or similarly works for a company that has an AFSL.

The advice is classified as general information provided to a client on a particular product or strategy but does not take into account the clients’ personal financial circumstances.

Furthermore, for general advice the individual will receive a current Financial Services Guide (FSG) from their adviser at the first meeting and if a product is discussed, a Product Disclosure Statement (PDS) for each product will be provided if strategies are discussed, and a relevant client fact sheets will also be provided.

Individuals seeking to provide Tier 2 compliant advice on General Insurance products are required to successfully complete the Insurance course as General Advice.

Australian Industry Essentials

Australian Industry Essentials and Fundamentals of Financial Advice must be the first subject completed before any of the specialist knowledge subject(s).

  • Australian Economy
  • Australian Financial Markets
  • Investment Funds
  • Corporations Act
  • Regulatory Environment
  • Licensees and Representatives
  • Ethics

General Insurance Specialist knowledge

Core Area

  • Personal Insurance
  • Understanding Insurance
  • Operation of Insurance Markets
  • General Insurance
  • Advisory Functions
  • Legal Obligations and Compliance
  • Core Insurance Appendix

Specialist Area

  • The General Insurance Industry
  • Risk and General Insurance
  • The Law Relating to G.I. Payments
  • Reading Product Disclosure Statements
  • Personal Insurance
  • Business Insurance
  • Taxation and Client Relationship Issues
  • Function and Regulation of General Insurers
  • The Contractual Relationship
  • General Insurance Claims

Units of Competency

This course includes nationally recognised units

Tier 2 General Insurance (General Advice)

FNSASIC304 Provide Tier 2 general advice in general insurance


This course is assessed via completion of:

  • multiple choice knowledge test (open-book, online) per subject
  • Short answer responses to questions relating to a case study, where you are required to apply the financial advice process.

Our friendly and experienced team will provide support and assessment feedback as you progress through your studies.

Flexible Delivery Options: Nationwide

Mentor specialises in providing professional education and training services to you anywhere, any-time. We appreciate that learning needs differ for each individual and organisation, which is why we allow you to select the approach that works best for you.


  • No hidden costs
  • Self-paced
  • start anytime
  • Online assessment
  • 1300 phone support

No longer offered

* Terms and conditions.
For further information regarding tuition fees and study options related to the RG146 Courses - General Insurance Adviser Australian Government nationally recognised qualification listed on this web page delivered by Mentor Education Pty Ltd (RTO 21683), please visit the Terms and Conditions section of the Mentor Education Website located at or call us on 1300 306 146.


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Great company to complete online learning with.
Education had a flexible approach to my programme and helped me with all my queries. I know I have taken a few years to complete my DFP but it was worth the time since I had no cut off time. I am planning in doing my ADFP soon. I would recommend "Mentor Education" to anyone that is interested.

Nancy Gansalvez

You can actually talk to a Teacher!
I completed my Diploma of Financial Planning RG 146 with Mentor last year long distance while still working, they were very helpful and there when ever I needed help. You can actually talk to a Teacher or email them. They are polite and always check by email to make sure you were happy with their help, and to email back if not. Great 110% service. I had to use "another company " for another course because the Boss paid for it and honesty there was 0 service, no teachers at all and rude/money hungry people.

Andrew Hughes

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