Question:Think about yourself, your home, your car, your job and so on.
What risks that you...
Question
Think about yourself, your home, your car, your job and so on.
What risks that you...
Think about yourself, your home, your car, your job and so on.
What risks that you face are covered by insurance? More
importantly, what risks are NOT insured against?
Consider these risks and what extensions to your insurance
cover you might contemplate?
Recent events in the financial sector have shown that risk
perception plays a critical role in effective risk management. How
much influence do you think any one individual should have alone on
key risk management decisions eg traders, managers?
Risk covered by Insurance: Car Theft,Health deterioration, Lose
of life.
Risks not covered by Insurance in my case: Theft in Home ,Fire
in home,Lose of job,Lose of income.
Considering lose of jobs and decrease of salary in this
time,Income insurance is a much needed insurance nowadays,an
insurance may also be much needed which cover needs of family while
i am on health issues.
Risk perception plays important role like nowadays demand for
life insurance,Health Insurance has increased as people feel
worried due to impact of COVID-19.So, Risk perception of individual
plays a vital role.
Key risk management decisions must be contained by an
individual cosidering its income and sources of passive income.An
individual have major role in its perception of risk and management
of it.
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