Insurance and Risk Management
This course looks at risk exposures and how these risks are addressed. Risk management is a life-long process that involves five steps: identification, evaluation, control, financing and monitoring. Risks can be managed with control techniques or can be financed using insurance. The course covers different types of insurance, including life, health and disability, home, property and automobile insurance, and includes methods of calculating insurance needs. This course is strongly recommended for students who wish to plan for their financial futures as well as those who are considering careers in financial planning, including pursuit of the CFP designation.
- Prerequisite: F600 OR F650