FUNDAMENTALS OF RISK MANAGEMENT AND INSURANCE PLANNING
(Course Code: PFP101)

1. The Concept of Risk
2. The Management of Risk
3. The Insurance Industry
4. Types of Insurance Cover
5. Insurance Pre-Contract Studies

Participants will be introduced to the two broad categories of risks - "speculative risks" and "pure risks", and the necessity of identifying and evaluating risks in financial planning. Participants should understand the various methods of handling risk including how risk can be avoided, reduced, eliminated, financed, retained an transferred through insurance.

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