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FIN 421

Life and Health Insurance

Catalog2026-2027
Credits3 units
LevelUpper Division
Average gradeB+
Standard

Overview

Description

Analysis of personal and business life and health insurance needs, characteristics of plans appropriate to meet those needs and unique tax and legal aspects of insurance planning. Examination of functional aspects of life/health insurance operations, including underwriting, ratemaking, reserving and financial statement analysis. Discussion of regulation and social insurance programs.

Requirements

Prerequisites

FIN 321FIN 322FIN 420
Original catalog text

Prerequisites

Prerequisite(s): FIN 321, FIN 322, or FIN 420.

Units

Lecture3

Catalog Details

Offering

Offered: Every Fall and Spring

Terms

fall, spring

Attributes

Standard

Learning Outcomes

  • articulate how organizations approach the security of their employees from a wellness standpoint, namely—life and health insurance.
  • explain the differing types of life insurance policies available in the market and how each respond to policy holders.
  • articulate the operational functions of a life and health insurer.
  • explain the differing ways organizations offer financial retirement planning to its employees.