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SoFi

Risk Management in Personal Finance

This course is primarily aimed at those who want to understand more about how they can protect their finances from unexpected events. Taught by a CERTIFIED FINANCIAL PLANNER™ Professional, this course covers the role insurance plays into your financial plan, including what kinds of insurance to explore, how to determine how much insurance you need, and how different kinds of insurance works. The course includes life insurance, health insurance, disability insurance, homeowners insurance, renters insurance, auto insurance, and umbrella insurance. You will also learn about estate planning, including the documents involved and special considerations for new parents. This course helps you understand how protecting your money is an important part of financial planning. It is geared towards learners in the United States of America. It is part of The Fundamentals of Personal Finance specialization but can be taken as a standalone course as well.

Status: Financial Planning
Status: Needs Assessment
BeginnerCourse7 hours

Featured reviews

JD

4.0Reviewed Jun 19, 2024

Noted several inconsistencies between questions in quizzes where answers marked wrong were actually correct.

BW

5.0Reviewed Mar 8, 2023

Good learning about Insurance and some ways to mitigate issues in the future!

TM

5.0Reviewed Sep 27, 2021

I thoroughly enjoyed taking this course along with the others within the specialization. The information provided has become very useful in both my professional and personal life.

BL

5.0Reviewed Aug 13, 2024

I think this class is critical for information of providing strategies to identify, assess, and mitigate potential risks that could negatively impact their finances, health, and overall well-being.

AL

4.0Reviewed Apr 16, 2025

Focuses on insurance to mitigate risk. Doesn't cover using hedging or derivatives to protect your financial or other assets.

LK

5.0Reviewed Oct 9, 2022

T​his is a comprehensive course and very helpfull !

All reviews

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Bryan Whitesell
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Reviewed Mar 9, 2023
Lingjun Kong
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Reviewed Oct 10, 2022
Bob Lang - personal life
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Reviewed Aug 14, 2024
Timika C McCaskill
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Reviewed Sep 28, 2021
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Reviewed Dec 14, 2022
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Reviewed Nov 13, 2025
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Reviewed Mar 8, 2022
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Reviewed Oct 8, 2025
Shubham Kumar Agarwal
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Reviewed Sep 28, 2024
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Reviewed Jun 8, 2024
Devarakonda Uma 22264827102
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Reviewed Mar 1, 2025
NELAKANTI SAI HARSHITH 2024011219
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Reviewed Mar 26, 2025
G ARAVINDA KUMAR BU21CSEN0300200
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Reviewed Oct 28, 2024
Abhinav Lal
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Reviewed Apr 16, 2025
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Reviewed Jun 19, 2024
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Reviewed Sep 16, 2023
Enrico Gemelli
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Reviewed Oct 18, 2024