Insurance plays a vital role in our society. The primary purpose of insurance—whether life or health—is to transfer a known financial risk to an insurance company in exchange for premium payments. Through life and health insurance, individuals and families are assured that any financial losses that occur should these risks materialize will, at least in part, be restored. This course provides a broad overview of how life and health insurance can be used to mitigate the risks that clients face every day and provide important financial protection throughout their lives.