Risk Management in Personal Finance

Overview

Class Central Tips

This course is primarily aimed at those who want to understand more about how they can protect their finances from unexpected events. Taught by a CERTIFIED FINANCIAL PLANNER™ Professional, this course covers the role insurance plays into your financial plan, including what kinds of insurance to explore, how to determine how much insurance you need, and how different kinds of insurance works. The course includes life insurance, health insurance, disability insurance, homeowners insurance, renters insurance, auto insurance, and umbrella insurance. You will also learn about estate planning, including the documents involved and special considerations for new parents. This course helps you understand how protecting your money is an important part of financial planning. It is geared towards learners in the United States of America. It is part of The Fundamentals of Personal Finance specialization but can be taken as a standalone course as well.

Syllabus

Understanding Basic Insurance Concepts

This module will help you understand the different kinds of insurance and how they fit into a financial plan. It will also explore the specific kinds of health insurance.

Protecting Against Death and Disability

This module will help you understand life insurance, including the different types and how to determine how much you need. It will also explore disability insurance.

Insuring Your Home, Apartment, and Car

This module will help you understand the basics of homeowners, renters, auto, and liability insurance.

Implementing Basic Estate Documentation

This module will help you understand the basics of estate planning, including the common documents associated with estate planning and the specific needs of new parents.