Program Summary
Insurance as a course focuses on the principles, practices, and applications of risk management and financial protection. It explores the fundamental concepts of insurance, including risk assessment, underwriting, claims management, and regulatory frameworks. The course delves into different types of insurance, such as life, health, property, liability, and business insurance, providing an in-depth understanding of how each functions and serves various sectors.
Students learn about the role of insurance companies, brokers, and agents, as well as the importance of actuarial science in determining premiums and policy structures. The course also covers legal and ethical considerations, including consumer rights, contract laws, and industry regulations.
In addition to theoretical knowledge, practical aspects such as policy evaluation, claims processing, and financial analysis are emphasized. Students may also explore emerging trends, such as digital insurance technologies, cybersecurity risks, and global insurance markets. The course prepares individuals for careers in the insurance industry, risk management, financial planning, and regulatory compliance, equipping them with the skills necessary to assess risks, design insurance products, and ensure financial security for individuals and businesses.