Insurance as a Risk Financing Technique

Level: Intermediate

Why you need this learning module:
After completing this learning module, you’ll be able to examine the loss exposures that your organization treats with insurance.

Upon successful completion of this learning module, you should be able to:

• Describe the purpose and operation of insurance, including:
• Risk reduction through pooling
• Services provided by insurers
• Describe the characteristics of an ideally insurable loss exposure.
• Describe the types of insurance that address specific loss exposures.
• Describe the advantages and disadvantages of insurance.

Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.

Insurance as a Risk Financing Technique Topics Include:

• The purpose and operation of insurance, including risk reduction through pooling and services provided by insurers
• Characteristics of an ideally insurable loss exposure
• Types of insurance that address specific loss exposures
• Advantages and disadvantages of insurance

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