Diploma in Risk Management - Revised
This free online course will give you a full and comprehensive run through of risk management procedures and practices.
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CertificationView course modules
This course will first introduce you to risk management. You will learn the importance of risk management methodology and risk management tools following the 2008 financial collapse. You will study the ideal requisites for insurability, the types of insurance and insurers, and the essential elements of insurance contracts. The course will cover the criteria required for participants in a contract, the principle of indemnity, and the concepts of insurable interest and subrogation.
You will then study the classification of real and personal property and its effect on risk exposure and valuation. The course will discuss the five categories of e-commerce property risk, liability and legal ramifications, and the factors and solutions pertaining to global risk exposure. You will learn the most common source of liability with regard to activities/conduct and the benefits that are applicable to survivors of deceased insured workers. You will also study the six main life insurance riders and the benefits of group life insurance.
Risk is part of our daily lives and businesses. Whether you are driving a car or starting a business, the risk of damage and injury is there. Learning how to manage risk and having the right insurance measures in place will make it easier for you when things go wrong. This Diploma in Risk Management course will help you identify and explore potential risks in organizations so make sure to check it out and start learning how to control, prevent, and reduce losses that can result from risk.
Having completed this course the learner will be able to:
- Define risk from a wide variety of perspectives.
- List the various processes that risk professionals engage in to identify and mitigate risk.
- Describe the process that insurers go through when insuring an exposure.
- Describe the basic requirements and characteristics of insurance contracts.
- Describe the range of risks that List the various risks that global corporations face.
- State and define the most common sources of liability in society.
- Define the risks that all individuals face throughout the life cycle.
- Discuss the various ways in which life cycle risks can be mitigated.
All Alison courses are free to enrol, study and complete. To successfully complete this Diploma course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Diploma course, you have the option to acquire official Certification, which is a great way to share your achievement with the world. Your Alison Certification is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive to you to continue empowering yourself through lifelong learning
Alison offers 3 types of Certification for completed Diploma courses:
Digital Diploma - a downloadable Diploma in PDF format, immediately available to you when you complete your purchase
Diploma - a physical version of your officially branded and security-marked Diploma that is posted to you (with FREE standard shipping worldwide)
Framed Diploma - a physical version of your officially branded and security-marked Diploma in a stylish frame that is posted to you (with FREE standard shipping worldwide)
All Certification is available to purchase through the Alison Shop. For more information on purchasing Alison Certification, please visit our faqs. If you decide not to purchase your Alison Certification, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certification pricing, please visit our Pricing Page.