Risk Management Vocab

designed to help regain good financial standing after identity theft occurs

• Identity Theft

• Identity Monitoring

• Credit Monitoring

• Identity Recovering

potential of losing something of value

• Safety Risk

• Risk

• Commercial Identity Theft

• Risk Retention

alerts individuals when personal information is being used in ways which do not generally show up on credit reports

• Identity Theft

• Identity Protection Services

• Identity Monitoring

• Credit Monitoring

something which could cause harm to people’s health

• Health Risk

• Split Limits

• Health Insurance

• Safety Risk

possibility of loss, either assets or earning potential or both

• Risk Retention

• Financial Risk

• Identity Theft

• Commercial Identity Theft

social device providing financial compensation for the effects of misfortune

• Insurance Company

• Split Limits

• Insurance

• Risk

financial institution which provides a range of insurance policies to protect individuals and businesses against the risk of financial losses

• Identity Recovering

• Insurance Company

• Risk Avoidance

• Insurance

periodical bill a policy holder pays to keep coverage in effect

• Deductible

• Premium

• Credit Monitoring

• Per Person Limit

type of insurance which covers the costs associated with an auto accident or other vehicle damage

• Auto Insurance

• Renter’s Insurance

• Insurance Rider

• Property Insurance

type of insurance coverage which pays for medical and surgical expenses incurred by the insured

• Health Risk

• Insurance Company

• Split Limits

• Health Insurance