FINC319
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INSURANCE PLANNING
Course Description
The focus of Insurance Planning is on risks that families and individuals face.
After the risk management process is introduced, various types of insurance policies are covered in detail: automobile, disability, health, homeowners’, life, and long-term care. Annuity contracts and Social Security are covered as well. Throughout the course, other topics in risk management and insurance are examined; these include the history of risk management dating back to ancient times, insurance terminology, legal liability, common insurance principles, and the basic mathematics underlying the development of an insurance premium.
After the risk management process is introduced, various types of insurance policies are covered in detail: automobile, disability, health, homeowners’, life, and long-term care. Annuity contracts and Social Security are covered as well. Throughout the course, other topics in risk management and insurance are examined; these include the history of risk management dating back to ancient times, insurance terminology, legal liability, common insurance principles, and the basic mathematics underlying the development of an insurance premium.