Describe how risk can be managed

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Reference no: EM133507475

Question 1: select and explain at least one of the following types of insurance (listed below) and provide an appropriate example of this type of insurance.

Automobile insurance

Question 2: addition to explanation, need to address the following in relation to the type of insurance selected:

Describe how risk can be managed.
Evaluate the risks in society.
Discuss the relationship between risk and this type of insurance.
Describe the risk management tools.
Discuss the legal principles of risk and this type of insurance

Question 3:

Must begin with an introductory paragraph that has a succinct thesis statement.
Must address the topic of the paper with critical thought.
Must end with a conclusion that reaffirms thesis.
Must use at least four scholarly sources, in addition to the textbook.

Reference no: EM133507475

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