FP 633 - Insurance Products and Planning

3 Credit(s)

Students study insurance products and insurance-related financial planning issues. Students will be able to determine the amount of life-insurance coverage a client needs and select the appropriate life insurance products that meet the client’s business, professional, and personal life needs. Students review health insurance options (including Medicare and Medicaid) and strategies for minimizing taxation through the use of health savings accounts and other health insurance strategies. Students learn how to design the optimal long-term care insurance contract and choose the best Medigap policy for their clients. One focus of the class is on the various annuity products and how they can be used to meet the financial and retirement planning needs of a client. The course also reviews business, disability, and property casualty insurance products and strategies. A final focus of this class is to help students develop their research and professional speaking skills. To this end, an oral presentation is required based on a topic the student researches. This is a required class for MSTFP students.