IIRF Online > Finance & Accounting > Finance Cert & Exam Prep > Certified Financial Planner (CFP) > Risk Analysis and Insurance Planning- CFP Certification
Risk Analysis and Insurance Planning- CFP Certification by Udemy
Module- CFP
Course Highlights
- Understand about the role of the financial planner in the personal risk assessment process
- Matching the insurance needs and risk assessment of clients
- Learn about the process of advising various types of insurance products for clients
- Develop the analytical ability to assess individual risk areas and the extent and type of protection best suited for the client’s financial situation and financial goals
- Have a clear idea about how to integrate risk assessment and risk protection into a comprehensive financial plan
- Recommend appropriate solution for providing protection against exposures to risks of mortality, health, disability, property, liability, and long term care risk
- Have a working knowledge regarding the various concepts and regulatory environment of insurance in India
Skills you will learn!
Curriculum
11 Topics
Introduction to Insurance
Perils and Hazards
Basic Concepts of Insurance
Difference between Insurance and Hedging
Risk and its types
Risk Management
Principle 1: Principle of Utmost Goof Faith
Principle 2: Principle of Insurable Interest
Principle 3: Principle of Indemnity
Principle 4 5: Principle of Contribution and Subrogation
Principle 6: Principle of Proximate Cause
8 Topics
Insurance contract and its features
Distinct Features of Insurance Contract
Important Terms of Insurance
Nomination and Assignment
Rate making and its calculation
Premium Calculation
Analysis and selection of Insurance Products
Torts
14 Topics
Risk Exposure
Human Life Basics
HLV-Income Based Approach
HLV-Need Based Approach
HLV-Numerical
Term and Endowment Plan
Whole life and Universal Linked Plan
Insurance linked Annuities
Riders
Bonus and its types
Calculating return on saving component and taxation
Numerical on Insurance Policy
Provisions-Grace period Free look period and Claim concession
Calculating Surrender valued loan for policy
6 Topics
Health Insurance Features
Travel and Motor Insurance
Umbrella and Household Insurance
Keyman Insurance and Professional Indemnity Insurance
Directors and Officers liability and ESI
Marine Hull and Cargo Insurance
4 Topics
IRDA and Insurance Act
Public Liability Motor vehicle Act and Indian Contract Act
Consumer protection workmen compensation and Employee state act
Other Regulatory aspects of Insurance and Agency Law
2 Topics
Sample Questions-1
Sample Questions-2
Risk Analysis and Insurance Planning- CFP Certification
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