In Topic 1 we learned about Loss Exposures – and the three e…
In Topic 1 we learned about Loss Exposures – and the three elements that define a loss exposure: 1) We all have an asset exposed to loss = our Human Capital 2) We all face potential causes of loss = “Personal Risks” 3) Those Personal Risks pose financial consequences to us What are the “financial consequences” that we may incur as a result of the personal risks that we face?