University of Illinois Urbana-Champaign

RiskWise. Specialization

University of Illinois Urbana-Champaign

RiskWise. Specialization

Insurance Strategies Life & Wealth Protection.

Insurance-based risk management protects income and long-term financial security across life stages

Dr. Craig Lemoine

Instructor: Dr. Craig Lemoine

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Beginner level

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4 weeks to complete
at 10 hours a week
Flexible schedule
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Get in-depth knowledge of a subject
Beginner level

Recommended experience

4 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Analyze personal and household risks using foundational risk management and insurance principles

  • Apply life, health, disability, and long-term care insurance strategies to protect income and family security

  • Evaluate property, liability, and umbrella coverage to safeguard assets and accumulated wealth

  • Assess annuities and retirement income options to manage longevity risk and support long-term financial stability

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Taught in English
Recently updated!

May 2026

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Specialization - 4 course series

RiskWise: Insurance and Your Financial Future

RiskWise: Insurance and Your Financial Future

Course 1, 8 hours

What you'll learn

  • Evaluate personal and household risks using core insurance and human capital concepts

  • Identify insurance solutions that support long-term financial planning

  • Explore career paths and professional roles in risk management and insurance

Skills you'll gain

Category: Insurance
Category: Risk Management
Category: Human Capital
Category: Wealth Management
Category: Case Studies
Category: Risk Analysis
Category: Insurance Policies
Category: Financial Planning
Category: Trustworthiness
Category: Client Services
Category: Actuarial Science
Category: Risk Mitigation
Category: Risk Management Framework
Category: Economics
Category: Innovation
RiskWise: Navigating Life, Health and the Unexpected

RiskWise: Navigating Life, Health and the Unexpected

Course 2, 8 hours

What you'll learn

  • Explain fundamental concepts related to health, life, disability, and long‑term care insurance

  • Apply personal risk management strategies to real‑world financial planning scenarios

  • Identify key policy features, coverage options, and consumer protections

Skills you'll gain

Category: Insurance
Category: Financial Planning
Category: Insurance Policies
Category: Risk Management
Category: Case Studies
Category: Needs Assessment
Category: Asset Protection
Category: Health Policy
Category: Risk Management Framework
Category: Long Term Care
Category: Disabilities
Category: Wealth Management
RiskWise: Protecting What You Own and Why It Matters

RiskWise: Protecting What You Own and Why It Matters

Course 3, 9 hours

What you'll learn

  • Explain essential property, auto, and umbrella insurance concepts.

  • Compare policy features—including ACV vs. RCV, liability limits, and optional coverages—to make informed decisions.

  • Identify hidden coverage gaps and understand how they impact financial outcomes.

  • Apply insurance strategies to real‑world scenarios to strengthen household financial protection.

Skills you'll gain

Category: Risk Management
Category: Insurance
Category: Insurance Policies
Category: Cost Benefit Analysis
Category: Underwriting
Category: Human Capital
Category: Loss Prevention
Category: Asset Management
Category: Wealth Management
Category: Finance
Category: Asset Protection
Category: Legal Risk
Category: Risk Analysis
Category: Depreciation
Category: Financial Services
Category: Property and Real Estate
Category: Financial Planning
Category: Emerging Technologies
Category: Property Management
RiskWise: Annuities and Income

RiskWise: Annuities and Income

Course 4, 5 hours

What you'll learn

  • Explain what annuities are and how they are used to support retirement income, including protection against longevity risk.

  • Compare annuities with traditional investment‑based approaches and describe when guaranteed income may be useful within a retirement plan.

  • Identify and explain key annuity features and tradeoffs, including income options, guarantees, fees, and liquidity.

  • Apply retirement income concepts to realistic scenarios, evaluating long‑term outcomes, survivor considerations, and communication challenges.

Skills you'll gain

Category: Insurance
Category: Risk Management
Category: Portfolio Risk
Category: Financial Management
Category: Portfolio Management
Category: Finance
Category: Analysis
Category: Financial Planning
Category: Case Studies
Category: Insurance Policies
Category: Contract Review
Category: Ethical Standards And Conduct
Category: Communication Strategies
Category: Estate Planning
Category: Wealth Management
Category: Investments
Category: Risk Modeling
Category: Product Knowledge

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Instructor

Dr. Craig Lemoine
University of Illinois Urbana-Champaign
13 Courses9,955 learners

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