Managing risks

Risks are mostly unforeseeable events that happen to us as individuals and to our businesses. We mostly likely do not have control over them but we can put a plan in place that could help in recover from it. This is why this course is designed to teach you how to develop strategies that will allow you to deal with risks as they arise. You will learn about risk management strategies, insurance, and the various services or products available when obtaining insurance.

Course Endorsement

This course is developed and endorsed by the Central Bank of Nigeria in Collaboration with the Financial Literacy Working Group and the German Development Cooperation (GIZ)

About this course

While we plan how we spend our money and establish future objectives, we have made significant progress toward regaining financial control over our lives. Nevertheless, unforeseen or unpredictable things can happen that seriously hinder our ability to carry out the plans and objectives we have set for ourselves. A family member getting sick, a car accident, a fire, a burglary, a natural disaster, etc. are just a few of the risks we face every day. Even though we are powerless over these risks, we can make plans to deal with them in order to safeguard our families, our property, and our businesses.

What You Will Learn 1.The concept of insurance

2. The services and products available for people with low income.

3. How to access various insurance services or product 4. How to protect your assets when you die through a will.

Author

German Development Cooperation (GIZ)

Level

Basic

Modules

2

Certificate

Yes

No chapter found in this course

Course Benefits

Unlock the Value: How This Course Empowers Your Business

The understanding of market engagement

This course encompasses the strategies and activities used to build relationships, create awareness, and foster loyalty among customers.

Membership

Become a member of the SME Digital Community

How To Make Money

Gain useful tips and lessons about making money in general

About the Instructor

German Development Cooperation (GIZ)

For more than 30 years, capacity development has been one of the key services delivered by GIZ. Around the globe, we advise people and organisations on learning and change processes. GIZ supports people in acquiring specialist knowledge, skills and management expertise. We help organisations, public authorities and private businesses to optimise their organisational, managerial and production processes. And, of course, we advise governments on how to achieve objectives and implement nationwide change processes by incorporating them into legislation and strategies.

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SME Digital Academy Our vision is to educate, empower and elevate millions of MSMEs in Nigeria and across Africa. Phone number: +234 81 327 99379 | +234 806 715 3900 [email protected]