Learning Outcomes

In this free course, you will learn how to:

• Explain the role of insurance in protecting people and businesses
• Apply basic risk management when choosing insurance
• Identify the main types of insurance products
• Distinguish between term life, whole life, and endowment policies
• Describe how underwriting works in setting premiums
• Outline the steps in the claims process
• Evaluate the financial and social benefits of insurance
• Assess the limits and costs of insurance policies