Risk Management

Front

You break your arm playing football. You require an emergency room visit and surgery to repair the damage. What type of insurance do you need?

Back

health insurance

Front

What type of insurance do you need if there is a small grease fire in your kitchen causing a lot of damage?

Back

homeowners insurance

Front

You are in a car accident in which you are at fault. The other person requires medical treatment and car repairs as a result. What type of insurance do you need?

Back

Auto insurance (with liability included)

Front

You are injured in a horseback riding accident and can't perform your job for seven months due to two surgeries and rehabilitation. What type of insurance is needed?

Back

disability insurance

Front

Your father expresses concern about how your mother will pay the bills in the event of his death. What type of insurance is needed?

Back

life insurance

Front

Your apartment you rent catches on fire. The firefighters put it out and saved most of your stuff. However, most of the furniture is destroyed and there are a lot of repairs needed to the apartment. What type of insurance is needed?

Back

renters insurance

Front

You get a copy of your credit score report and notice that there is a car loan for a car you did not buy. What type of insurance do you need?

Back

identity theft insurance

Front

The technique of assessing, minimizing, and preventing accidental loss to a business, as through the use of insurance, safety measures, etc.

Back

risk management

Front

Insurance companies provide us with that intangible security against financial loss, should we face injury, illness, damage of property, or even death.

Back

True

Front

A formal request to an insurance company asking for a payment based on the terms of the insurance policy.

Back

Claim