The most surprising aspect of having an online business, is the extremely unwillingness of people to acknowledge and appreciate the risk taken by the entrepreneur. For more than a decade, the entrepreneur struggles all alone to build a business from scratch with no financial, moral or any other support from anyone including family members, friends [...]
Category Archives: risk
What a customer can do when your insurance claim has been rejected
When an insurance claim is rejected one can take legal advice can be taken for the specific situation. If the insurer has refused the claim this refusal must be in writing. If the insurer telephones and tells that the claim has been refused, then they can be asked to put it in writing. There are [...]
Nashville Tennessee Term Life Insurance
Term life insurance otherwise known as term insurance, term assurance or term life assurance is the original form of life insurance. The concept behind term life insurance is that a person or beneficiary insures the life of the former under a fixed rate and under a fixed term. This means that for so long as [...]
Insurance claim settlement
Speedy claim settlement is a major factor in selection of an insurance companies by its customers. For filing a a claim on your home or auto insurance policy , you should contact the concerned insurance companies branch office or contact your advisor/agent for claim processing. You fill out a claim form and wait for a [...]
Risk tolerance
The risk an individual can take depends to a large extent on the number of dependents an individual has. The more the number of dependents, the less risk he or she can afford to take. The person will also need to find a suitable insurance policy so that their dependents can meet their daily expenses [...]
Types of insurance
Insurance companies offer a variety of insurance products for different people available depending on the lifestyle they lead. The life insurance policy is related to the life of a person who taken the policy. It is a contract in which the insurance company agrees to pay a specified amount to the person after expiry of [...]
Insurance
The word Insurance means a provision to compensate the loss caused to the property or assets due to unexpected reasons called perils. The wealth of an individual is related to the creation and production of assets of economic values. A person spends most of his or her working hours in the creation of assets through [...]
Threats that affect business continuity
Some of the threats that affect business continuity are: 1. Disease – contagious diseases, epidemics or illness with no known vaccination or cure. Employees may not be able to attend office 2. Earthquake – can lead to loss of life and property, damage to business assets 3. Fire – result in destruction of important documents [...]
Business continuity planning
Business continuity planning is the process by which an organization prepares for future incidents which could adversely affect the operation of the organization, including its future growth prospects. Many organizations were anticipating problems as the date changed to January 1, 2000 (the y2k problem). However, no major problem was reported due to proper planning by [...]
Handling risk
Handling risk is important for different professionals # Export and import financing Managers and Corporate who intends to expand their overseas exposures with potential high risk under-developed and developing markets. # Executives in charge of finance related issues # Marketing group to have a better understanding of country risks and commercial risks and the issues [...]