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Ch 21: Insurance & Managing Risk

About This Chapter

Let us help you increase your knowledge of the process of managing risk in business and related insurance topics with this chapter. These lessons and quizzes can be used as a mobile, convenient way to study for an upcoming test or certification exam.

Insurance & Managing Risk - Chapter Summary

In this chapter, our instructors explain the need for risk management and what external changes drive this need. You'll learn about ways to manage both uninsurable and insurable risks, as well which insurance policies correspond to risk management.

As you continue your study, the best insurance coverages for certain types of risks will also be introduced. Once you have completed this chapter, you should know how to:

  • Recognize the external changes that drive the need for risk management
  • Differentiate between insurable and uninsurable risk
  • Understand how risk management and insurance policies relate to each other
  • Identify insurance needed for different kinds of risk

Use our mobile-friendly lessons and quizzes at any time, 24 hours a day. Each lesson is accompanied by a printable transcript so you can make a copy to review offline at any time. If you need additional help as you work through the chapter, contact one of our instructors for assistance.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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