Risk Management and Insurance

Issued by Northern Arizona University

Earners of this badge will develop knowledge about risk identification, risk evaluation, and risk treatment methods for businesses and personal clients. Students will learn how to perform an insurance needs analysis, so that they are able to evaluate and recommend appropriate techniques for their clients.

Type Certification
Level Advanced
Time Weeks

Skills

insurance needs analysis
Risk Evaluation
Risk Identification
risk treatment methods

Earning Criteria

1. Explain the principles of risk management. 2. Analyze and evaluate risk exposures. 3. Contrast short-term and long-term liability plans. 4. Calculate the tax implications of disability benefits. 5. Compare annuities to other investment types. 6. Distinguish between qualified and non-qualified annuities. 7. Explain underwriting factors. 8. Distinguish between the three types of buy/sell agreements. 9. Perform an insurance needs analysis. 10. Define and communicate key insurance policy terms.