Understanding Insurance and Risk

About this course

The course examines financial, operational, legal and reputational risks associated with self-employment and small business activity. It considers how insurance can transfer risk and protect income, assets and professional work, covering examples such as public liability, professional indemnity, equipment, income, health-related and cyber cover. Teaching combines tutor-led explanations with real-world case studies, group discussion, shared reflection and scenario-based exercises. Participants consider their own risk profile and how to ask informed questions when exploring insurance options or seeking professional advice.

What you'll learn

• Recognise different forms of risk affecting self-employed people and small businesses
• Explain the purpose of insurance as a risk-management tool
• Identify common types of business insurance and their relevance to different sectors
• Assess potential vulnerabilities within an individual work or business context
• Formulate informed questions for discussions with insurance or other professional advisers

Is this course right for you?

The course is intended for freelancers, sole traders, small business owners and people considering self-employment. It is introductory and assumes no previous study or specialist knowledge. Learners should be prepared to take part in discussion, reflect on different perspectives and share experiences; a good standard of English is recommended.

• No previous study or specialist knowledge is assumed
• Particularly relevant to people working independently or running a small business
• Learning is discussion-based and includes shared reflection
• There are no formal assessments or assignments

Before you go

• Bring your own note-taking materials.
• No preparation or homework is required.