The subject focuses comprehensively on the personal and business risk insurance market in Australia. It examines the design and structure of a range of personal, business and general insurance products, including related policy documentation and taxation issues. The subject is designed to build advice capability in risk management strategies for retail clients and small businesses. Students will follow a series of fictitious scenarios, so they can apply their understanding of personal and business risk insurance within financial planning. For more information, please refer to the subject outline. Effective from Study Period 6, 2021.