Risk Management in Personal Finance

Risk Management in Personal Finance

This course is part of The Fundamentals of Personal Finance Specialization

Instructor: Brian Walsh

Access provided by Interbank

13,243 already enrolled

4 modules

Gain insight into a topic and learn the fundamentals.

64 reviews

Beginner level

Recommended experience

7 hours to complete

Flexible schedule

Learn at your own pace

4 modules

Gain insight into a topic and learn the fundamentals.

64 reviews

Beginner level

Recommended experience

7 hours to complete

Flexible schedule

Learn at your own pace

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

17 assignments

Taught in English

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This course is part of the The Fundamentals of Personal Finance Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

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There are 4 modules in this course

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 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.

What's included

4 videos9 readings4 assignments

4 videosTotal 17 minutes

When Insurance Makes Sense4 minutes
How Health Insurance Works4 minutes
How Common Health Plans Work5 minutes
Choosing the Right Type of Health Insurance4 minutes

9 readingsTotal 63 minutes

Welcome to Risk Management in Personal Finance10 minutes
The Role of Insurance in a Financial Plan5 minutes
What Types of Insurance Do You Need7 minutes
Key Considerations for Health Insurance7 minutes
A Deep Dive into Health Maintenance Organization (HMO) Plans4 minutes
A Deep Dive into Preferred Provider Organization (PPO) Plans5 minutes
A Deep Dive into High Deductible Health Plans (HDHP)5 minutes
A Deep Dive into Individual Health Insurance5 minutes
Activity - Evaluate Your Health Insurance15 minutes

4 assignmentsTotal 41 minutes

Understanding Basic Insurance Concepts30 minutes
Different Types of Insurance3 minutes
The Basics of Health Insurance3 minutes
Comparing Different Types of Health Insurance5 minutes

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.

What's included

6 videos6 readings5 assignments

6 videosTotal 33 minutes

What Is Life Insurance and Why Do You Need It7 minutes
Term vs Permanent Life Insurance4 minutes
How Much Life Insurance Do You Need5 minutes
How Life Insurance Needs Change Over Time9 minutes
What Is Disability Insurance and Why Do You Need It4 minutes
Group vs Individual Disability Insurance4 minutes

6 readingsTotal 41 minutes

Tips for Comparing Life Insurance Policies5 minutes
Term vs Whole Life Insurance5 minutes
Activity - Calculate Your Insurance Need10 minutes
Short vs Long Term Disability Insurance6 minutes
Why the Definition of Disability Matters5 minutes
Activity - Evaluate Your Disability Insurance10 minutes

5 assignmentsTotal 47 minutes

Protecting Against Death and Disability30 minutes
Term vs Whole Life4 minutes
Amount of Life Insurance Needed3 minutes
The Basics of Disability Insurance6 minutes
Different Types of Disability Insurance4 minutes

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

What's included

3 videos4 readings5 assignments

3 videosTotal 14 minutes

The Basics of Homeowners and Renters Insurance5 minutes
The Basics of Auto Insurance6 minutes
The Basics of Umbrella Insurance3 minutes

4 readingsTotal 20 minutes

Key Considerations for Homeowners Insurance Policies5 minutes
Key Considerations for Renters Insurance Policies5 minutes
Choosing the Right Deductible for You5 minutes
Umbrella Insurance Ins and Outs5 minutes

5 assignmentsTotal 46 minutes

Insuring Your Home, Apartment, and Car30 minutes
Homeowners Insurance5 minutes
Renters Insurance3 minutes
Auto Insurance5 minutes
Umbrella Insurance3 minutes

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.