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Business Risks & Insurance. Kinds of Business Risks. Marketing Risk Equipment Risk Credit Risk Inventory Risk Government Risk Miscellaneous Risks. Methods of Handling Risks. Policy of Self Insurance
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Business Risks & Insurance
Kinds of Business Risks • Marketing Risk • Equipment Risk • Credit Risk • Inventory Risk • Government Risk • Miscellaneous Risks
Methods of Handling Risks • Policy of Self Insurance • Flexibility in Business Risks • Safety measures • Minimum Investment Policy • Business Forecasting • Hedging • Transfer of Risks
Basic Principles of Insurance • Utmost Good Faith • Insurable Interest • Indemnity • Contribution • Cause Proxima • Subrogation
Types of Insurance • Property Insurance • Insurance of Liabilities • Insurance of persons • Other Insurance
Types of Insurance of Persons • Life Insurance • Term Assurance • Whole Life Assurance • Endowment Assurance • Personal Accident Insurance
Types of Property Insurance • Fire Insurance • Marine Insurance • Other type of Property Insurance
Types of Insurance of Interest • Bad Debt & Credit Insurance • Bill of Exchange Policy • Open Account Policy • Fidelity Insurance • Other type of Insurance • Double Insurance • Reinsurance
Chinese Proverb One who asks a question is a fool for five minutes; one who does not ask a question remains a fool forever.