Risk Management in Personal Finance
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.
Monthly Subscription Starting at AED 99 + VAT
- Level Foundation
- Duration 7 hours
- Course by SoFi
-
Offered by
About
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 course helps you understand how protecting your money is an important part of financial planning. It is geared towards learners in the United States of America. It is part of The Fundamentals of Personal Finance specialization but can be taken as a standalone course as well.Modules
Fitting Insurance in Your Plan
-
1
Videos
-
3
Readings
-
1
Assignment
1
Assignment
- Different Types of Insurance
1
Videos
- When Insurance Makes Sense
3
Readings
- Welcome to Risk Management in Personal Finance
- The Role of Insurance in a Financial Plan
- What Types of Insurance Do You Need
Understanding The Basics of Health Insurance
-
1
Videos
-
1
Readings
-
1
Assignment
1
Assignment
- The Basics of Health Insurance
1
Videos
- How Health Insurance Works
1
Readings
- Key Considerations for Health Insurance
Diving Into Specific Health Insurance Options
-
2
Videos
-
5
Readings
-
1
Assignment
1
Assignment
- Comparing Different Types of Health Insurance
2
Videos
- How Common Health Plans Work
- Choosing the Right Type of Health Insurance
5
Readings
- A Deep Dive into Health Maintenance Organization (HMO) Plans
- A Deep Dive into Preferred Provider Organization (PPO) Plans
- A Deep Dive into High Deductible Health Plans (HDHP)
- A Deep Dive into Individual Health Insurance
- Activity - Evaluate Your Health Insurance
Module Quiz
-
1
Assignment
1
Assignment
- Understanding Basic Insurance Concepts
Understanding Different Types of Life Insurance
-
2
Videos
-
2
Readings
-
1
Assignment
1
Assignment
- Term vs Whole Life
2
Videos
- What Is Life Insurance and Why Do You Need It
- Term vs Permanent Life Insurance
2
Readings
- Tips for Comparing Life Insurance Policies
- Term vs Whole Life Insurance
Having the Right Amount of Life Insurance
-
2
Videos
-
1
Readings
-
1
Assignment
1
Assignment
- Amount of Life Insurance Needed
2
Videos
- How Much Life Insurance Do You Need
- How Life Insurance Needs Change Over Time
1
Readings
- Activity - Calculate Your Insurance Need
Protecting Your Income with Disability Insurance
-
2
Videos
-
3
Readings
-
2
Assignment
2
Assignment
- The Basics of Disability Insurance
- Different Types of Disability Insurance
2
Videos
- What Is Disability Insurance and Why Do You Need It
- Group vs Individual Disability Insurance
3
Readings
- Short vs Long Term Disability Insurance
- Why the Definition of Disability Matters
- Activity - Evaluate Your Disability Insurance
Module Quiz
-
1
Assignment
1
Assignment
- Protecting Against Death and Disability
Insuring Your Home
-
1
Videos
-
1
Readings
-
1
Assignment
1
Assignment
- Homeowners Insurance
1
Videos
- The Basics of Homeowners and Renters Insurance
1
Readings
- Key Considerations for Homeowners Insurance Policies
Insuring Your Apartment
-
2
Readings
-
1
Assignment
1
Assignment
- Renters Insurance
2
Readings
- Key Considerations for Renters Insurance Policies
- Choosing the Right Deductible for You
Insuring Your Car
-
1
Videos
-
1
Assignment
1
Assignment
- Auto Insurance
1
Videos
- The Basics of Auto Insurance
Insuring Against Legal Liability
-
1
Videos
-
1
Readings
-
1
Assignment
1
Assignment
- Umbrella Insurance
1
Videos
- The Basics of Umbrella Insurance
1
Readings
- Umbrella Insurance Ins and Outs
Module Quiz
-
1
Assignment
1
Assignment
- Insuring Your Home, Apartment, and Car
Understanding Basic Estate Documents
-
1
Videos
-
3
Readings
-
1
Assignment
1
Assignment
- The Basics of Estate Documentation
1
Videos
- The Basics of Estate Planning
3
Readings
- Does Everyone Need an Estate Plan?
- Does Everyone Need an Estate Plan?
- Do I Need a Trust?
Implementing Relevant Estate Documents
-
2
Readings
-
1
Assignment
1
Assignment
- Estate Documentation Based on Situations
2
Readings
- Estate Planning for New Parents
- Explaining Common Estate Documents
Module Quiz
-
1
Assignment
1
Assignment
- Implementing Basic Estate Documentation
Auto Summary
Discover how to protect your finances from unexpected events with "Risk Management in Personal Finance." Guided by a CERTIFIED FINANCIAL PLANNER™ Professional, this course explores essential insurance types, including life, health, disability, homeowners, renters, auto, and umbrella insurance, along with estate planning. Ideal for U.S. learners, it is part of The Fundamentals of Personal Finance specialization but can be taken independently. Available on Coursera, with both Starter and Professional subscription options, the course spans 420 minutes and is tailored for foundational-level students.
Brian Walsh