Learn how to manage financial risk through Insurance and Estate Planning to help ensure clients and their loved ones are appropriately cared for financially upon their passing.
Insurance and Estate Planning is used to:
In this unit, you will explore the concept of risk, uncertainty, and risk management in a multi-faceted way. You will explore asset protection through insurance to ensure assets and income are protected in a cist effective and efficient way. You will examine Estate Planning and the legal structures available to safely and efficiently pass assets to beneficiaries upon death. You will learn how to create a valid will, as well as how to make use of various trusts and implement Powers of Attorney.
On successful completion of this unit, students will be able to:
This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.