MKTG 1171 — FUNDAMENTALS OF PROPERTY &
CASUALTY INSURANCE (45-0-3) Summarizes the pervasive nature of pure risk on the individual and on society, and illustrates the way in which insurance can be used to deal with the problems posed by such a risk. The main emphasis is on the insurance product and the use of insurance with the risk management framework. The traditional fields of life insurance, health insurance, and social insurance are treated in terms of their relationship to the wide range of insurable risks to which the individual and the business firm are exposed. Prerequisite: Program admission