Risk Management and Insurance Planning
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Risk Management and Insurance Planning
This course is part of Financial Planning and Wealth Management Specialization
Included with
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What you'll learn
Analyze financial risks and determine appropriate insurance coverage needs.
Evaluate life insurance products, underwriting, and premium calculations.
Design risk protection and insurance strategies for financial planning goals.
Details to know
May 2026
28 assignments
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There are 7 modules in this course
Learn how to analyze financial risks, evaluate insurance products, and design effective protection strategies for individuals, families, and businesses. Build practical insurance planning skills used in personal finance and risk management.
This course provides a structured introduction to risk management and insurance planning, helping learners understand how insurance protects financial stability and supports long-term financial goals. You’ll explore the foundations of financial risk, the role of insurance in managing uncertainty, and the importance of medical insurance, retirement planning, and pension systems in modern financial planning. Throughout the course, you’ll examine practical risk management strategies, insurance calculations, policy structures, and legal frameworks that govern insurance contracts. You’ll also learn how different insurance products—including life insurance policies and ULIPs—are designed to address specific financial risks and protection needs. The course further explores underwriting, premium pricing, and actuarial concepts used by insurers to assess risk and maintain sustainable insurance operations. Practical examples and case-based applications help learners connect insurance theory with real-world financial planning decisions. What makes this course unique is its integration of insurance concepts with practical financial protection planning. By the end of the course, you’ll be able to confidently evaluate insurance products, interpret policy features, analyze coverage requirements, and apply risk management strategies to support effective financial decision-making and long-term protection planning.
This module introduces the foundational concepts of risk, insurance, and pension systems. Learners explore the nature of financial risk, the role of insurance in managing uncertainty, and the importance of medical insurance and retirement planning as essential components of personal financial protection.
What's included
8 videos4 assignments
8 videos•Total 60 minutes
- Details of Medical Insurance•11 minutes
- NeRisk and Liabilityw Video•7 minutes
- New Pension Scheme Introduction•1 minute
- New Pension Scheme Details•11 minutes
- Insurance Theory Review•3 minutes
- Risk and Insurance Concepts Review•8 minutes
- Insurance Principles Review•8 minutes
- Life Insurance Concepts Review•12 minutes
4 assignments•Total 60 minutes
- Foundations of Risk and Insurance•30 minutes
- Understanding Risk and Insurance Basics•10 minutes
- Exploring Pension Systems•10 minutes
- Core Insurance Concepts•10 minutes
This module focuses on practical approaches to risk management and insurance planning. Learners explore strategies for identifying, evaluating, and managing risks while understanding how insurance calculations and real-life case applications support effective financial protection planning.
What's included
8 videos4 assignments
8 videos•Total 65 minutes
- Risk Management Concepts Review•6 minutes
- Insurance Policy Concepts Review•10 minutes
- Insurance Contract Concepts Review•8 minutes
- Insurance Planning Concepts Review•10 minutes
- Insurance Practice Review•4 minutes
- Insurance Calculation Concepts•7 minutes
- Insurance Needs Calculation•7 minutes
- nsurance Premium Calculation•12 minutes
4 assignments•Total 60 minutes
- Risk Management and Insurance Practice•30 minutes
- Risk Management Foundations•10 minutes
- Insurance Planning Fundamentals•10 minutes
- Insurance Calculations and Applications•10 minutes
This module explores insurance coverage analysis and the core principles that govern insurance operations. Learners study the historical development of insurance, key industry terminology, and foundational principles that ensure fair risk sharing and compensation.
What's included
8 videos4 assignments
8 videos•Total 66 minutes
- Insurance Coverage Calculation•9 minutes
- Insurance Case Calculations•6 minutes
- Principles of Insurance•9 minutes
- Life Insurance - History and Evolution•9 minutes
- Risk Management Techniques•9 minutes
- Risk Management Terminology•9 minutes
- Insurance Terminology•8 minutes
- Life Insurance Terminology•7 minutes
4 assignments•Total 60 minutes
- Insurance Coverage and Principles•30 minutes
- Insurance Coverage and Case Applications•10 minutes
- Principles and Evolution of Insurance•10 minutes
- Key Insurance Terminology•10 minutes
This module examines the legal and planning frameworks that support effective insurance strategies. Learners study insurance law concepts, policy structures, and financial planning applications that ensure insurance contracts operate fairly and protect policyholders.
What's included
8 videos4 assignments
8 videos•Total 67 minutes
- Insurance Planning Terminology•12 minutes
- What Life Insurance Involves•8 minutes
- Legal Principles of Life Insurance•9 minutes
- Insurable Interest and Proximate Course•9 minutes
- Question and Answer•4 minutes
- Financial Planning•9 minutes
- Life Insurance Needs Analysis•10 minutes
- Family Protection Planning•6 minutes
4 assignments•Total 60 minutes
- Insurance Planning and Legal Framework•30 minutes
- Planning Concepts and Terminology•10 minutes
- Insurance Law and Financial Planning•10 minutes
- Insurance Planning Approaches•10 minutes
This module introduces learners to various life insurance products and specialized protection solutions. Learners examine product features, policy structures, and investment-linked insurance products such as ULIPs while understanding how different insurance products address specific financial risks.
What's included
8 videos4 assignments
8 videos•Total 69 minutes
- Business Insurance Planning•8 minutes
- Types of Life Insurance Policies•12 minutes
- Features of Life Insurance Products•8 minutes
- Life Insurance Products Question and Answer•9 minutes
- Fund Choice•9 minutes
- Unit Linked Insurance Plans Explained with Multiple Choice Question•5 minutes
- Health Insurance Explained with Multiple Choice Question•12 minutes
- Important Insurance Terms Explained with Multiple Choice Question•8 minutes
4 assignments•Total 60 minutes
- Life Insurance Products and Product Features•30 minutes
- Business and Product Planning•10 minutes
- Product Understanding and Q&A•10 minutes
- Specialized Insurance Products•10 minutes
This module focuses on the operational aspects of insurance including underwriting and pricing. Learners explore how insurers assess risk, calculate premiums, and use statistical and actuarial methods to ensure fair pricing and sustainable insurance operations.
What's included
7 videos4 assignments
7 videos•Total 62 minutes
- Disability Insurance Explained with Multiple Choice Question•7 minutes
- Underwriting Concept and Methodology Explained•11 minutes
- The Concept of Rate Making and Methods Used•10 minutes
- The Concept of Rate Making for Decision Making Purposes•3 minutes
- Multiple Choice Question on Underwriting and Rate Making•11 minutes
- The Concept of Pension and Annuity Explained•13 minutes
- Common Pension Terms Explained•7 minutes
4 assignments•Total 60 minutes
- Insurance Underwriting and Pricing•30 minutes
- Specialized Insurance Coverage•10 minutes
- Insurance Pricing and Rate Making•10 minutes
- Pricing and Underwriting Assessment•10 minutes
This module examines the practical implementation of insurance including pension evaluation, policy valuation, claims processing, and regulatory compliance. Learners also explore ethical insurance selling practices and dispute resolution mechanisms in the insurance industry.
What's included
8 videos4 assignments
8 videos•Total 60 minutes
- Multiple Choice Question on Pension and Annuity•3 minutes
- Life Insurance Selection Process•5 minutes
- Life Insurance Valuation•7 minutes
- Multiple Choice Question on Pricing and Valuation in Life Insurance Part 2•8 minutes
- Application of Life Insurance•7 minutes
- Claim and Regulation•13 minutes
- Grievance Redressal•7 minutes
- Life Insurance Selling•9 minutes
4 assignments•Total 60 minutes
- Insurance Implementation and Regulation•30 minutes
- Pension and Insurance Evaluation•10 minutes
- Pricing, Valuation and Applications•10 minutes
- Claims, Compliance and Sales•10 minutes
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