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4325. Life Insurance and Retirement Security

3.00 credits

Prerequisites: HCMI 3221; open only to Business and Mathematics-Actuarial Science-Finance majors of sophomore or higher status.

Grading Basis: Graded

Focuses on the basic principles underlying life insurance, pensions, and other methods of insuring for financial security. Emphasis is given to the following general topics - the need for life insurance and annuities, individual retirement planning, employer provided group insurance and pensions, types of life insurance and annuity contracts, deferred compensation plans, the mathematics of life insurance, company operations, regulation, settlement options and life insurance programming.

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