RiskWise: Insurance and Your Financial Future

Insurance within a wider financial plan

Offered by the University of Illinois Urbana-Champaign, this course introduces the fundamentals of insurance as part of managing personal financial risk. It links insurance decisions to risk management, wealth management and financial planning, and touches on economics and the concept of human capital.

Who it suits

Beginners who want to understand insurance in their own financial lives, and students weighing risk analysis as a subject, will both find the scope useful. It is a good match for learners who think of insurance as a planning decision rather than a product purchase.

Key topics

• Insurance policies and how they fit into risk management.
• Risk analysis and its role in financial planning.
• Human capital and how it affects long-term wealth planning.

Pair it with a personal finance course if you want to see how insurance connects to saving and investing decisions.