Risk Analysis and Insurance Planning- CFP Certification

Module- CFP

This module covers the knowledge requirements relating to insurance needs and risk assessment of clients. It introduces insurance and different types of risk against which insurance is needed in today’s era. It explains the concept of Life insurance as well as General insurance and the concepts within. It also talks about the regulatory environment of insurance in India.

What you’ll learn

  • Understand about the role of the financial planner in the personal risk assessment process.
  • Matching the insurance needs and risk assessment of clients.
  • Learn about the process of advising various types of insurance products for clients.
  • Develop the analytical ability to assess individual risk areas and the extent and type of protection best suited for the client’s financial situation and financial goals.
  • Have a clear idea about how to integrate risk assessment and risk protection into a comprehensive financial plan.
  • Recommend appropriate solution for providing protection against exposures to risks of mortality, health, disability, property, liability, and long term care risk.
  • Have a working knowledge regarding the various concepts and regulatory environment of insurance in India.

Course Content

  • Concepts of Insurance and Risk Management –> 11 lectures • 1hr 15min.
  • Insurance Contract and Legal Liability –> 8 lectures • 1hr 12min.
  • Life Insurance –> 14 lectures • 2hr 23min.
  • General Insurance –> 6 lectures • 52min.
  • Regulatory Framework of Insurance –> 4 lectures • 35min.
  • Sample Questions –> 2 lectures • 21min.

Risk Analysis and Insurance Planning- CFP Certification

Requirements

  • A candidate must have completed Introduction to Financial Planning (1st module of CFP Certification).

This module covers the knowledge requirements relating to insurance needs and risk assessment of clients. It introduces insurance and different types of risk against which insurance is needed in today’s era. It explains the concept of Life insurance as well as General insurance and the concepts within. It also talks about the regulatory environment of insurance in India.