Identify four hazard risks and the definition

Reference no: EM132324290 , Length: word count:1200

Assignment -

Select an organization with which you are familiar or one you have researched. Identify four "hazard risks" and the definition. These risks must be pure risks, not broad categories of risks. Then identify which line of insurance coverage protects against those risks.

Pure risk is defined as a situation in which there are only the possibilities of loss or no loss. The only possible outcomes are adverse (loss) and neutral (no loss). Examples of pure risks include premature death, job-related accidents, catastrophic medical expenses, and damage to property from fire, lightning, flood, or earthquake.

Your response must be in a Word document of 4-5 pages in length, not counting the title and references pages.

Include at least five credible sources in addition to your textbook.

Note - Need it to be 4 pages (1200 words) in length (not including title and reference page) and paper should be APA format.

Reference no: EM132324290

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