Overview
Description
Provides an overview to risk management and insurance emphasizing personal risk management. Topics include property, liability, auto, life and health. Discussions include pricing and underwriting, claims, rate development and product distribution.
Requirements
Prerequisites
FIN 301FIN 322
Original catalog text
Prerequisites
Prerequisite(s): FIN 301 AND FIN 322.
Units
Lecture3
Catalog Details
Offering
Offered: Every Fall and Spring
Terms
fall, spring
Attributes
Standard
Learning Outcomes
- recognize the strategic and operational risks faced by organizations.
- examine an organization’s risks and understand how to mitigate or eliminate the risks through loss prevention, risk retention, self-insurance, and the purchase of traditional insurance policies, to name a few.
- understand and explain the role of the insurance carrier and insurance broker, and their importance to the organization.