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Other types of insurance In addition to medical, home, and auto-insurance policies, you can choose to purchase additional policies to protect against other types of losses. Consider Mitch, a lawyer with a standard HO-1 policy with $400,000 of insurance on his home, an auto insurance policy with liability limits of 100/300/50, and a professional liability policy with a $100,000 limit. His daughter recently took a course in personal finance and wants to make sure her father is adequately protected from potential losses. She knows her father has all the standard policies, so she reviews a number of situations that aren't always covered under standard policies. For each of the following scenarios, indicate the type of coverage-one Mitch already has or one he should purchase-that would protect against the loss described. How to Protect Against This Loss An earthquake destroys the deck of the home, causing $20,000 in damage. A piece of art (valued at $85,000) is stolen from his living room. The laptop he uses for work is stolen out of his car.
What are the potential strengths, weakness, threats, and opportunities for a startup sneaker company?
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The organisation diversified into three product line during the past year. Huge investments were made to develop the new products.
What are the implications for the penetration into the indoor sporting goods market?
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