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Undergraduate GRF-AFE222-2021

Risk Management and Insurance

From

$1,812 $2,062

Your upfront cost: $0

International student?

Duration

13 weeks

Study method

100% online

Available loans

  • HECS-HELP
  • FEE-HELP

Assessments

100% online

Prior study

Required

Study terms

  • 19 Jul 2021
Griffith University - Logo

With a network of campuses across Brisbane and the Gold Coast, Griffith University is committed to progressive multidisciplinary teaching and research and a valuable online provider with Open Universities Australia. Already attracting students from more than 122 countries, Griffith's dedication to academic excellence is available across Australia through OUA.

QS RANKING 2021

18

Times Higher Education Ranking 2021

13

  • 2021

Subject details

What you'll learn

At the completion of this subject students will be able to:

  1. Identify, analyse and evaluate risks, under guidance, in personal and small business contexts.
  2. Describe and differentiate the main features of a variety of personal and business insurance products, including basic related policy documentation and taxation issues.
  3. Develop and present fundamental personal and small business risk management strategies including the use of general and life insurance products.
  4. Apply professional and ethical standards and insurance regulation and legislation, under guidance, in the context of providing risk management and insurance advice.
  5. Evaluate contemporary issues in risk management and insurance advice.
Topics covered
    • Introduction to Risk Management Topic 2: Insurance and Risk
    • Ethics, Compliance and Regulation of the Insurance Industry
    • Personal Risk Management
    • Introduction to Life Insurance
    • Life Insurance Products
    • Developing and Presenting a Personal Risk Management Strategy
    • Introduction to General Insurance
    • General Insurance Products
    • Mandated and Health Insurance
    • Policy Documentation and Claims
    • Taxation and Business Insurance
Entry requirements

You must have successfully completed the following subject(s) before starting this subject:

GRF-AFE122-Financial Planning 1 ;

Special requirements

  • EquipmentDetails - Audio/Visual equipment
Description

This subject concerns the identification, analysis, evaluation and treatment of risk. It highlights practical applications of general and life insurance products in developing and implementing personal and small business risk management strategies. In addition to investigating the insurance products available in the market, the course will cover the structure of the insurance industry, its regulation, insurance law and the skills necessary to provide risk management and insurance advice to clients. 

Prerequisites: AFE122 Financial Planning 1

Assessments

  • Online Quizzes (20%)
  • Risk management strategy (50%)
  • Final Exam (30%)
Textbooks

Check the learning management system (LMS) of your university for textbook details.

Related degrees

Undergraduate GRF-AFA-DEG-2021

Bachelor of Applied Financial Advice

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