Overview
Risk management principles used in business can also apply to personal loss exposures faced by individuals and families. Insurance producers should help clients manage these risks, using insurance as a tool within a broader risk management program. This approach is known as “personal risk management.”
Learning Objectives
- Describe the risk management objectives that individuals and families may face and explain factors affecting various clients' objectives
- Apply the steps in the management process to personal lines accounts
- Identify clients' exposures that personal auto policies and homeowners endorsements can address
- Provide personal lines clients with valid, relevant, and practical tips to reduce the frequency and/or severity of auto and homeowners losses
Designed For
Property and casualty insurance professionals in all stages of their career
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.
Find this course for your license:
License or Certification
Regulator
Type