As you learn about the different types of insurance in this course, think about the different ways to manage risk and the key principles of insurance planning. These principles are important because they provide a structure to help you evaluate the different types of insurance and the uses of different insurance products. Think about these principles as you read through the succeeding chapters on health insurance, life insurance, auto insurance, property insurance, and liability insurance. Think about how you can apply the principles of risk management and insurance planning to the different types of insurance. You will incorporate these principles in the assignments for the succeeding chapters.