Carl works for FEDEX as a delivery driver. Over the weekend…

Carl works for FEDEX as a delivery driver. Over the weekend on his days off from work, Carl was playing in an intermural soccer league with his friends. Unfortunately, during the game he tripped and tore his ACL. He was sent to the hospital and treated for his injuries, which cost a total of $10,000. Additionally, Carl will not be able to work his FEDEX job for at least 6 months while he recovers from his knee injury.  The above scenario presents which of the following types of risk for Carl?   I. Personal Risk, specifically Loss of Income II. Personal Risk, specifically Medical Expenses III. Hazard Risk, specifically Personnel Exposure

Billy works for Big Construction Company as a highway constr…

Billy works for Big Construction Company as a highway construction worker. Over the weekend, on his days off from work, Billy went hang-gliding. Unfortunately, during his adventure, he accidently crashed into a tree and was severely injured. He was sent to the hospital and treated for his injuries. The cost of putting casts on both of his arms and both of his legs was quite substantial = $50,000. Additionally, Billy will now not be able to work his construction job for at least 4 months while he recovers from his injuries.  The hang-gliding accident itself is an example of which of the elements of an exposure?