CFP® Module 3 — Risk Management & Insurance Specialist
Identifying risk, sizing protection, structuring life and non-life cover, and the integration of insurance into a household financial plan.
Quick info
- Layer
- Professional Certifications
- Track
- CFP® (FPSB India)
- Estimated hours
- 50 hrs
- Chapters
- 9
- Exam body
- FPSB India
- Cost on Trustner
- Free
The full chapter-by-chapter syllabus is published below so you know exactly what you're committing to. Individual lesson pages are being authored progressively over the coming weeks. Bookmark this page or browse all courses.
About this course
Identifying risk, sizing protection, structuring life and non-life cover, and integrating insurance into the household financial plan.
Who this is for
- CFP candidates mid-pathway.
- Insurance brokers professionalising into financial planners.
- CAs adding the risk-management overlay to tax practice.
What you'll learn
- Risk identification and quantification at the household level
- Life-insurance product types and how to size cover
- Health-insurance design — base, top-up, super top-up structures
- Motor, home, travel, professional indemnity, and liability cover
- Claims process, mis-selling, and IRDAI grievance machinery
Full syllabus — 9 chapters
- 1Module 3.1
Risk in personal finance
- Risk types — life, health, property, liability
- Exposure quantification techniques
- 2Module 3.2
Life insurance
- Term, whole-life, endowment, ULIP, money-back
- Why pure term is the right default
- 3Module 3.3
Sum-assured calculation
- Income-replacement and needs-based methods
- Riders and when they help
- 4Module 3.4
Health insurance
- Indemnity vs benefit plans
- Sum insured, sub-limits, room rent caps, co-pays
- 5Module 3.5
Senior-citizen and PED considerations
- Pre-existing disease waiting periods
- Senior-specific products
- 6Module 3.6
General insurance
- Motor — TP, OD, comprehensive
- Home, travel, personal accident
- 7Module 3.7
Professional and liability cover
- Professional indemnity for self-employed
- D&O, public liability, cyber
- 8Module 3.8
Claim process and disputes
- Documentation discipline
- Insurance Ombudsman, IRDAI Bima Bharosa
- 9Module 3.9
Insurance-portfolio integration
- Where insurance fits in the household plan
- When to surrender, paid-up, or continue legacy policies
About the exam
- Provider
- FPSB India
The exam is administered by FPSB India. Trustner Academy is not affiliated with FPSB India; we provide independent preparatory educational material. See our disclaimer.
More from CFP® (FPSB India)
CFP® Module 1 — Investment Planning Specialist
FPSB India's foundation — investment vehicles, asset allocation, portfolio construction, performance measurement. The first specialist module on the path to CFP certification.
CFP® Module 2 — Retirement & Tax Planning Specialist
Retirement planning and Indian taxation in depth — NPS, EPF, annuities, capital gains, deductions, and the case-driven planning that CFP candidates must master.
CFP® Module 4 — Estate Planning Specialist
Wills, trusts, succession laws across faiths, intestate distribution, gift planning, and the complex inter-generational structures that high-net-worth Indian families need.
CFP® Module 5 — Integrated Financial Planning (Capstone)
The capstone case-study module. A complete financial plan from cash-flow analysis to estate transfer, integrating every prior specialist domain. Required for full CFP® certification.