FIS 250 Entire Course
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FIS 250 Week 1 CheckPoint: Risk Management Methods
FIS 250 Week 1 DQs part 1 of 2
FIS 250 Week 1 DQs part 2 of 2
FIS 250 Week 2 Assignment: Risk Management Process
FIS 250 Week 2 CheckPoint: Risk Management Objectives
FIS 250 Week 3 CheckPoint: Underwriting, Claims, and Reinsurance
FIS 250 Week 3 DQs part 1 of 2
FIS 250 Week 3 DQs part 2 of 2
FIS 250 Week 4 Assignment: Interpreting Insurance Contracts
FIS 250 Week 4 CheckPoint: Determining Loss Outcomes
FIS 250 Week 5 CheckPoint: Life Insurance Needs Analysis
FIS 250 Week 5 DQs part 1 of 2
FIS 250 Week 5 DQs part 2 of 2
FIS 250 Week 6 Assignment: Group Medical Expense Plans
FIS 250 Week 6 CheckPoint: Group and Group Life Insurance
FIS 250 Week 7 CheckPoint: Loss Settlement Payments
FIS 250 Week 7 DQs part 1 of 2
FIS 250 Week 7 DQs part 2 of 2
FIS 250 Week 8 Assignment: Losses Covered Under PAPs
FIS 250 Week 8 CheckPoint: PAP
FIS 250 Capstone Discussion Question
FIS 250 Final Project: Playing the Professional
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FIS 250 Week 1 CheckPoint Risk Management Methods
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Recall that there is more to handling risk than just purchasing insurance. The five major methods for handling risk include avoidance, loss control, retention, noninsurance transfers, and insurance. Knowing which risk management method to choose is key to avoiding and minimizing losses (Rejda, 2008).
Complete the Case Application activity on p. 14 of the text to identify the risk management techniques appropriate for selected risks and loss exposures. For each letter item, identify the risk management technique you chose and your reason for selecting that technique.
Rejda,...