1

Business Risks & Insurance

2

Marketing Risk Equipment Risk Credit Risk Inventory Risk Government Risk Miscellaneous Risks

Kinds of Business Risks

3

Policy of Self Insurance Flexibility in Business Risks Safety measures Minimum Investment Policy Business Forecasting Hedging Transfer of Risks

Methods of Handling Risks

4

Utmost Good Faith Insurable Interest Indemnity Contribution Cause Proxima Subrogation

Basic Principles of Insurance

5

Property Insurance Insurance of Liabilities Insurance of persons Other Insurance

Types of Insurance

6

Life Insurance◦ Term Assurance◦ Whole Life Assurance◦ Endowment Assurance

Personal Accident Insurance

Types of Insurance of Persons

7

Fire Insurance Marine Insurance Other type of Property Insurance

Types of Property Insurance

8

Bad Debt & Credit Insurance◦ Bill of Exchange Policy◦ Open Account Policy

Fidelity Insurance Other type of Insurance Double Insurance Reinsurance

Types of Insurance of Interest

9

One who asks a question is a fool for five minutes; one who does not ask a question remains a fool forever.

Chinese Proverb