This module discusses various types of personal risk, as well as the concept of risk management and the ways in which risk is handled, including risk transfer. Principles of insurance, as well as definitions and an exploration of insurance contracts, will also be discussed. This module will also describe the various types of insurance companies and the different functions of insurance salespeople. Finally, we will take a look at property insurance, specifically homeowners and automobile insurance.
Michael Angell, CFP®, EA is an associate professor at the College for Financial Planning. He obtained his bachelor’s degree in mathematics at Creighton University. His 20+ years of work experience includes banking, insurance, investments, retirement, and estate planning. In addition to his responsibilities at the College, Michael also serves as a private client services advisor with an independent investment firm and is also a federally licensed tax practitioner with a nationally recognized company. You can contact him at email@example.com.