Risk/Insurance

A formal request to an insurance co asking for pymt based on terms of insurance policy is a:

Providing financial security for your family after your death is the goal of:

Obeying the law helps us to:

The insurance principle of shared risk is also called:

The possibility of a surprisingly good or bad specified future event is a:

The concept of buying insurance is an example of:

This type of insurance includes 3 types (renter, landlord & homeowner).

PR Insurance company gives you a questionnaire to put you in the correct risk group called:

This person identifies risks that a company faces & makes recommendations for dealing with risk

How many steps are there in a risk management plan?

The first step in a risk management plan is to:

This job decides whether to provide coverage & evaluates exposure to risk: 

Which of the following is an UNinsurable risk?

You are a manufacturer of car seats: to protect against lawsuits for faulty buckles, you buy:

Which is NOT a risk dimension discussed in this unit?

Listening to a traffic report before determining your route to school is an example of:

Which of the following is NOT a form of business risk?

In managing an accidental loss, your final step is to:

A legally binding contract between an insurance company and the person who buys it is called:

Your business, PRHS Construction, has this kind of insurance to cover accidental BI on the job:

This job predicts the risk of writing insurance policies on property/business/life/health:

Advises organizations on howto protect things valued by selling customers insurance contracts:

Which type of insurance is required by law, but may vary depending on state?