Emphasis is placed on methods of dealing with risk from both the business and consumer viewpoints.
This includes the changing risk exposures that are evident in today's society, including globalization and technological risks. An examination of financial insecurity caused by occupational injuries, unemployment, old age, premature death and general illness. The emphasis is on government approaches in dealing with these economic and social problems. This course examines political and economic issues of health care, social security, worker's compensation and unemployment insurance and the effect of social policy on individual and corporate decision-making. Different types of life policies, life contract provisions, life insurance company operations, and marketing programs are reviewed.