Life & Health Insurance

This course introduces students to the principles, practices, and products of life and health insurance. This course covers key topics such as risk management, types of life and health insurance policies, underwriting, policy provisions, and claims management. Students will explore the regulatory environment of the insurance industry and understand the role of life and health insurance in financial planning and risk mitigation. Through case studies, real-world examples, and analysis of insurance products, students will gain the knowledge necessary to assess insurance needs and advise on appropriate policy choices.

Upon successful completion of this course, students will be able to:

• Understanding Insurance Products: Students will gain a comprehensive understanding of life and health insurance products, including term life, whole life, disability, long-term care, and health insurance plans.
• Risk Management and Financial Planning: Develop the ability to analyze risk and recommend life and health insurance solutions that support individual and family financial security as part of a broader financial plan.
• Policy Provisions and Claims Management: Learn to interpret key policy provisions, understand underwriting processes, and manage claims effectively, ensuring compliance with regulatory standards and ethical practices.
• Regulatory Environment and Compliance: Gain knowledge of the regulatory frameworks governing life and health insurance, including understanding legal requirements, consumer protection laws, and industry ethics.

These outcomes aim to prepare students for careers in the insurance industry, equipping them with the expertise to evaluate insurance needs and provide informed guidance on life and health insurance products.