BFIN 3324 Insurance Planning and Financial Risk Management

Methods to identify and control the risks facing individuals and businesses are revealed. The topics covered include risk analysis, loss prevention, self-insurance, and various other insurance and financial alternatives to reduce the organization's risk of loss. This course reviews the financial risks that individuals and business face and how they can manage these risks, including the utilization of insurance solutions. This course also reviews the taxation of insurance benefits and how taxation should affect a financial planner’s decision to recommend insurance solutions under certain circumstances. Prerequisite: BFIN 3311