A Technical Framework for the Replacement of Life Insurance Policies

A practical two-part series comparing legacy
and modern life insurance

Self-paced, interactive training

Empowering advisers to deliver informed, ASIC-aligned insurance advice.

When assessing the replacement of a client’s existing life insurance policies, ASIC applies a key test: would a prudent adviser reasonably expect the client to be in a better position by following the advice?

In this two-part series, respected industry expert David Spiteri examines the comparative strengths and limitations of modern retail insurance products versus discontinued legacy products.

Through practical insights and real-world analysis, the series explores unique features and benefits still found in certain legacy policies, alongside where these products may offer advantages and where modern solutions may be better suited. This program supports advisers in making well-informed, client-focused recommendations aligned with regulatory expectations.

 

Knowledge Shop members, login for the discounted rate.

Self paced, practical training any time, anywhere!

  • 1.25 hour CPD
  • Reference materials included
  • Interactive Q&As
  • Practical, insightful training

 

Screenshot David Spiteri

Learning Outcomes

  • Replacing policies and meeting “Best Interest Duties”
  • Key definitions and components to compare when replacing insurance policies
  • Understanding some of the benefits and features of holding some legacy insurance products
  • Industry Funds compared to retail insurance products today

Our presenter

Founder & Owner, Life Tech Assist

David Spiteri

David Spiteri-modifiedHaving worked in the life insurance industry for over 35 years, David  have always had the most pleasure when working with financial advisers and assisting them with technical support on all life insurance matters.

Life Tech Assist is an independent life insurance technical support service specifically designed for financial planners that want independent assistance with their life insurance queries. With many years of experience in the industry he believe that this unique service will provide you with a life insurance support service like no other.

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The General Terms and Conditions can be accessed here.