(WINTER 2010)

A required course in the Certificate Program in Personal Financial Planning.
Assessing and managing risk competently and accurately is a basic tenant of insurance management. Learn how to apply the process of corporate risk management to an individual's personal financial plan. This course provides you with the risk management tools and techniques you need to manage risks covered by private insurers in the areas of life, annuity, disability, and medical long term care, homeowners, auto and umbrella liability insurance policies, as well as risks covered by public insurance programs such as Social Security, Medicare, and Medicaid. Gain an insider's grasp of how to identify risks that could adversely affect an individual's financial plan, measure and effectively communicate each risk's financial consequences, develop cost effective strategies that mitigate or eliminate the risks, and implement and monitor those strategies. You will also expand your knowledge of income, estate and gift taxation laws as related to insurance premiums and benefits; alternative methods of financing insurance premiums and; and the role of insurance in estate, retirement and savings planning. Prerequisites: Working knowledge of the HP-12C Calculator & Mgmt X433, Survey of Personal Financial Planning. This course is required to sit for the CFP Examination. Course is approved for 30 hours of Continuing Education units from the California Department of Insurance. Students taking this course either in the classroom or online format will only receive CDI credit once during the two-year license renewal period. See enrollment confirmation for instructions to access course materials online. Please bring each week's curriculum to the class meetings.

Avi Pai, CFP, CRPC is a fee-based financial consultant with Linsco/Private Ledger (LPL Financial). He practices comprehensive financial planning and investment advice services. His expertise is in wealth accumulation for successful younger individuals, "sudden wealth" situations, as well as retirement & pension planning for pre-retirees.