Zusammenfassung der Ressource
Chap 1: Introduction to Risk and
Insurance
- THE CONCEPT OF RISK
- Speculative
- Loss
- Gain
- No change
- Pure
Anmerkungen:
- Loss
- No loss
- RISK MANAGMENT
- Avoid
- avoid airplane crash by not traveling by air
- Control
- reduce contracting of diseases by excercising
- Transfer
- purchase insurance coverage
- Accept
- assume all financial responsibility for the risk
- conscious
- unconscious
- INSURANCE
- insurer
- policy benefit
- insurance policy
- premium
- 3 types of risks
- personal
- individual insurance policy
- group insurance policy
- property damage
- liability
- applicant
- policy owner
- insured
- beneficiary
- claim
- MANAGING RISKS THROUGH INSURANCE
- Characteristics of Insurable risks
- Insurance Underwriting
- Identifying Risks
- Classifying risks
- Insurable interest requirement