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What else can I help you with?
What are the advantages of getting All Risk Insurance?
The biggest advantage for having an All Risk insurance policy is that it covers many perils that may happen to a property, unless the event is specifically excluded in the policy. All Risk policies are usually only written for propery insurance.
Is risk insurance and risk insurance management are same?
According to my opinion or my experience risk insurance and risk insurance management are differ from each other. Risk Insurance is the risk that is insured Risk Insurance Management Consist of process How the Risk can be manage it include prevention of risk and minimization of risk and many other proces.
Does your Insurance go up if you get a ticket for not having your lights on?
Yes, probably. Driving with the lights off puts you at greater risk of a collision, so a greater risk usually translates to higher insurance rates.
Why are insurance rates higher for age sixteen?
Because you have no experience driving and are at greater risk of having an accident.
Why do you need group insurance whats the difference with having group insurance and not having it?
Group insurance is advantagous to have because it allows you to participate in a group plan that generally lowers the costs for each participant, as it spreads the risk out over the entire population of folks in the group.
What are the benefits of having life mortgage insurance?
The primary benefit of having mortgage life insurance is to eliminate the risk of passing one's debt onto their heirs. The point of having mortgage life insurance is that if one dies with an unpaid balance on one's mortgage then the insurance covers the remaining balance and whoever inherits the estate will owe nothing on the house.
Do you need risk management or insurance?
do you need risk management or insurance
What is difference between active passive risk retention?
Retaining risk passively - Understanding the risk without taking any actions to prevent possible outcomes. Active retention - preparing for risk to happen, having plan for in case it would happen. Some form of self insurance (direct insurance would be form of transferring risk.)
What are the advantages of having insurance when exporting goods?
Some advantages of having insurance when exporting goods are: It helps reduce the risk of repayment, helps one export to new countries with confidence, it also increases the business cash flow.
When was Insurance Risk Managers created?
Insurance Risk Managers was created in 1995.
What is sum at risk in insurance industry?
sum at risk means the total risk or insurance cover borne by policyholder.
What are the cost of insurance to the society?
Insurance provides a benefit to society not really a cost. Of course there are premium that you pay but in exchange for the premiums the benefits are there when you need them. Insurance is a vehicle that spreads risk over a vast number of people rather than having it effect individuals. Individual members of society could not handle the risk on an individual basis so they pay a premium in order for the insurance company to take this risk and then with a large number of policy holders they can spread this risk so that each person pays a small portion of the risk.
