FIN/428
Insurance for Financial Planning
Online
Format
$1194
Estimated Tuition
3 credits
Total credits
5 weeks
Course length
Start when you're ready
Choose an upcoming start date:
Enroll by 1pm Central:
Please Note: Attendance and participation are mandatory in all University courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.
University of Phoenix reserves the right to modify courses. While widely available, not all programs are available to residents of all states. Please check with a University Enrollment Representative.
Course level: Undergraduate
This course will prepare students to make insurance policy recommendations as part of a financial plan. After completion of this course, students will be able to apply concepts of medical, life, and property insurance to financial planning, and understand concepts underlying risk and insurance management for financial plans.
Prerequisites
None
What you'll learn
Course skills and outcomes
Week 1
- Examine the various forms of risk.
- Explain the risk management process and its application in the insurance industry.
- Determine the primary role of risk management in the insurance industry.
Week 2
- Examine the basics of insurance applications and contracts.
- Differentiate between term and whole life insurance.
- Explain the insurance premium computation process.
- Elaborate on the general provisions of life insurance contracts.
Week 3
- Analyze the key components of disability insurance.
- Distinguish between short-term versus long-term disability insurance coverage.
- Explain the key features of health insurance plans.
- Analyze the primary features of long-term care insurance.
Week 4
- Describe the key features of homeowners insurance.
- Examine the primary coverage of the various homeowners' forms.
- Explain the four sections of the Personal Auto Policy.
Week 5
- Elaborate on the classes of commercial property and liability insurance.
- Explain the distinguishing characteristics of the classes of commercial property.