PLAN For Your Risk
Discover the critical importance of risk preparation and insurance in the 'PLAN For Your Risk' course.
PLAN For Your Risk free download
Discover the critical importance of risk preparation and insurance in the 'PLAN For Your Risk' course.
PLAN FOR YOUR RISK
BY VINCENT CHEAH, CFP
Rationale
· About half of millennials has no risk event preparations, especially through insurance
· Sophisicated insurance products and operations brings complexities that causes people not to make any choices unless being approached by a specified insurance company’s representative
· Lack of insurance protection during specified events bring catastrophic losses to people
Objective
The objective of this programme is to equip participants with the knowledge and skills to prepare for risk transfer or risk sharing with existing available selections in the financial market
Competency Standard
There are no relevant competency standards
Entry Requirement
The programme is opened to all public who
is aged 18 years old and above
understands basic English conversations
Learning Outcome
At the end of this programme, the participants will be able to:
Manage their own risks with different risk management techniques (L4 – Analysis)
Identify the importance of risk management planning (L1 – Knowledge)
Construct expense and liabilities list (L5 – Synthesis)
Construct risk management goals (L5 – Synthesis)
Calculate the amount needed for the risk management plans (L4 – Application)
Improve risk management plans for future needs (L6 – Evaluation)
Topics Covered
Importance of risk and emergency management
Expenses and liabilities during risk events
Risk management goals and its amount
Review risk management plan and its consequences
