Risk Management and Insurance
UndergraduateGRF-AFE2222024
Course information for 2024 intake View information for 2025 course intake
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 13 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Risk Management and Insurance
About this subject
At the completion of this subject students will be able to:
- Describe and differentiate the main features of a variety of personal and business insurance products, including basic related policy documentation and taxation issues.
- Develop and present fundamental personal and small business risk management strategies, under guidance, including the use of general and life insurance products.
- Apply professional and ethical standards and insurance regulation and legislation, under guidance, in the context of providing risk management and insurance advice.
- Evaluate contemporary issues in risk management and insurance advice.
- Introduction to Risk Management
- Insurance and Risk
- Ethics, Compliance and Regulation of the Insurance Industry
- Personal Risk Management
- Introduction to Life Insurance
- Life Insurance Products
- Developing and Presenting a Personal Risk Management Strategy
- Introduction to General Insurance
- General Insurance Products
- Mandated and Health Insurance
- Policy Documentation and Claims
- Taxation and Business Insurance
This subject concerns the identification, analysis, evaluation and treatment of risk. It highlights practical applications of general and life insurance products in developing and implementing personal and small business risk management strategies. In addition to investigating the insurance products available in the market, the subject will cover the structure of the insurance industry, its regulation, insurance law and the skills necessary to provide risk management and insurance advice to clients.
Prerequisite: AFE122 Financial Planning 1.
Students should not enrol in this subject if they have previously completed 2202AFE: Risk Management and Insurance at Griffith University.
- Online Quizzes (20%)
- Problem-Solving Assignment - Risk Management Strategy (50%)
- Practice-Based Assignment - Written Assignment (30%)
For textbook details check your university's handbook, website or learning management system (LMS).
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- QS Ranking 2024:
- 18
- Times Higher Education Ranking 2024:
- 20
Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- GRF-AFA-DEG-2024 - Bachelor of Applied Financial Advice
Prior study
You must have successfully completed the following subject(s) before starting this subject:
Additional requirements
- Equipment requirements - Audio/Visual equipment
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Bachelor of Applied Financial Advice
UndergraduateGRF-AFA-DEG