Matching
Matchteh term with its definition. Some terms may not be used.
Premises:
Coverage that provides benefits upon the disability of a firm's partner or other key employee
Minimizing potential losses by preventing, avoiding, and/or reducing risk
Wrongful acts or omissions for which an injured party can take legal action against the wrongdoer for monetary damages
Making funds available to cover losses that cannot be eliminated by risk control
Coverage that designates part of a firm's earnings as a cushion against possible future losses
Buying insurance or making contractual arrangements that transfer risk to others
Financing loss intentionally through a firm's cash flows
Any property other than land and anything physically attached to the land, such as buildings
Land and anything physically attached to the land, such as buildings
Ways of coping with risk that are designed to preserve the assets and earning power of a firm
Responses:
Risk control
Risk transfer
Torts
Disability insurance
Self-insurance
Proximate cause
Risk management
Risk financing
Risk retention
Personal property
Real property
Correct Answer:
Premises:
Responses:
Risk control
Risk transfer
Torts
Disability insurance
Self-insurance
Proximate cause
Risk management
Risk financing
Risk retention
Personal property
Real property
Premises:
Risk control
Risk transfer
Torts
Disability insurance
Self-insurance
Proximate cause
Risk management
Risk financing
Risk retention
Personal property
Real property
Responses:
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