AGEC 248: Introduction to Risk Management and Insurance

Class Program
Credits 3
This course presents principles of loss control, insurance, and financial risk management, as they apply to current farm operations. Basic concepts of financial risk management, crop insurance, property, liability, and disability insurance, life and health insurance, and functional and financial operations of insurers will be examined. Primary emphasis is placed on applying risk management principles to farm operations in order to manage risk exposure and improve financial security and profitability. (S)