
Personal Risk Management
Flashcard
•
Other
•
10th Grade
•
Practice Problem
•
Hard
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24 questions
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1.
FLASHCARD QUESTION
Front
Fill in the blanks. Risk is the potential of ______ something of value.
Back
losing
2.
FLASHCARD QUESTION
Front
Fill in the blanks. Safety risk is a hazard which has a potential ______ of harm or adverse health effect on a person or persons.
Back
risk
3.
FLASHCARD QUESTION
Front
Which of the following is NOT a way to manage risk? Risk avoidance, Risk transfer, Risk reduction, Risk increase
Back
Risk increase
4.
FLASHCARD QUESTION
Front
What does risk retention involve?
Back
Accepting the risk
5.
FLASHCARD QUESTION
Front
Insurance is a social device providing financial compensation for the effects of _______.
Back
misfortune
6.
FLASHCARD QUESTION
Front
In many states, drivers are required by law to have basic auto insurance that covers ________.
Back
liability for injuries and damages to others
7.
FLASHCARD QUESTION
Front
What does uninsured motorist protection cover?
Back
Costs if an individual is involved in a car accident with an uninsured driver
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