Learn to educate your clients about the principles of risk and insurance.
Learning Objectives
Distinguish among the terms hazard, peril, and risk.;Identify the steps in the risk management process.;Determine when to apply the principles of risk management.;Recall the definition of static risk.;Identify the types of insurable risk.;Distinguish between real and personal property.
Major Topics
The risk management process;Principles of risk management;Identification of potential loss exposures;Risk management techniques;Professional environment;Regulatory environment;Carrier environment;Compensation methods