The article "Essentials of Risk Management and Insurance" covers topics like risk, risk management, and insurance. It discusses how insurance helps manage risks, the process of risk management, and the functions of insurers. The article also delves into life and health insurance, including managing personal risks and social insurance programs. Additionally, it explores property and liability insurance, such as homeowners policies and general liability insurance. Overall, the article provides a comprehensive overview of risk management and insurance, including how they apply to individuals and businesses.