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Insurance & Risk Management
1. Chapter 1: Risk and Its Treatment/Major Personal and Commercial Risks
1. Chapter 1: Risk and Its Treatment Illustration
Syllabus Slides

Major Personal and Commercial Risks

01.Core Concepts

Liability risks involve the possibility of being held legally liable for bodily injury or property damage to someone else There is no maximum upper limit with respect to the amount of the loss A lien can be placed on your income and financial assets Legal defense costs can be enormous