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Risk is something that everyone faces including businesses. Insurance is one way to avoid or minimize risk by insuring against financial risk or loss. Individuals
Risk is something that everyone faces including businesses. Insurance is one way to avoid or minimize risk by insuring against financial risk or loss. Individuals and businesses must make decisions about how to minimize and manage risk. Drag the appropriate insurance product to the scenarios provided below. Business Interruption Insurance Leon and his wife have three children who are young ages 3-8). They want to make sure that there would be enough money to take care of the family in case one or both parents are deceased. Disability Insurance As a small business owner, Brian is very concerned about unforeseen occurrences that might disrupt his business and impact his ability to pay staff as well as himself. Michael is relieved that he has insurance to cover his loss of salary due to an extensive leave he will need to take to heal from back surgery. Annuities Renter's Insurance Anne would like to have guaranteed amounts of income payments during her retirement. Life Insurance Lauren is a college student who has moved into a new apartment. Her parents want to make sure that her valuables are protected (laptop, smart phone, clothes, jewelry, television)
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