Personal Risk Management is the process of identifying, measuring, treating, and monitoring personal risk (including, but not limited to, insurance); and Estate Planning prepares for the distribution of assets in a tax-efficient manner through wills, trusts, and donations to charity. Both areas are essential in the creation of a personal financial plan. Students will learn about the regulatory and legal aspects of the insurance industry, as well as the application of the 5 steps of the risk management process for A&C, health, and life insurance products. The estate planning component of this course prepares students with the basic legal and regulatory framework to be able to analyze the implication of disposition of assets before and after death. . This course is suitable for individuals interested in financial planning and for those who aspire to pursue the Certified Financial Planner (CFP) designation or the Qualified Associate Financial Planner (QAFP) designation.