Level: Intermediate
Why you need this learning module:
After completing this learning module, you’ll be able to analyze the effectiveness of the risk financing plans your organization currently uses.
Upon successful completion of this learning module, you should be able to:
- Describe the characteristics of finite risk insurance plans.
- Explain how finite risk insurance plans operate, including:
- Types of risks covered
- Experience fund terms and calculation guidelines
- Variations in the terms of plans
- Describe the advantages and disadvantages of finite risk insurance plans.
- Describe the financial accounting and tax implications of finite risk insurance plans.
- Describe the characteristics of integrated risk insurance plans.
- Explain how integrated risk insurance plans operate, including:
- Use of the plans
- Variations in the terms of plans
- Describe the advantages and disadvantages of integrated risk insurance plans.
- Describe the characteristics of insured organizations associated with successful finite and integrated risk insurance plans.
Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.
Finite and Integrated Risk Insurance Plans Topics Include:
- Characteristics of finite risk insurance plans
- How finite risk insurance plans operate, including types of risks covered, experience fund terms and calculation guidelines, and variations in the terms of plans
- Advantages and disadvantages of finite risk insurance plans
- Financial accounting and tax implications of finite risk insurance plans
- Characteristics of integrated risk insurance plans
- How integrated risk insurance plans operate
- Advantages and disadvantages of integrated risk insurance plans
- Characteristics of insured organizations associated with successful finite and integrated risk insurance plans
Additional Course Resource
Additional Knowledge Solutions
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