| Degree Description: |
Learn how to apply the process of corporate risk management to an individual's personal financial plan. Acquire the tools and techniques used to manage risks covered by private insurers in the areas of life, annuity, disability, and medical long term care, homeowners, auto and umbrella liability insurance policies, as well as risks covered by public insurance programs such as Social Security, Medicare, and Medicaid. Gain an insider's grasp of how to identify risks that could adversely affect an individual's financial plan, measure and effectively communicate each risk's financial consequences, develop cost effective strategies that mitigate or eliminate the risks, and implement and monitor those strategies. Expand your knowledge of income, estate and gift taxation laws as related to insurance premiums and benefits; alternative methods of financing insurance premiums and; and the role of insurance in estate, retirement and savings planning.
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