Sort Risk Types Before You Ask For Insurance

Sort each situation by the role it should play in an insurance conversation. Pure insurable risk Speculative business risk Operational control issue Retained cost A server-room fire damages owned equipment. A competitor cuts prices and threatens margin. A forklift injury creates medical and liability exposure. Preventive maintenance is skipped for three months. The first $10,000 of a property loss is paid by the company. A new product launch may win or lose customers. No one owns the wet-floor inspection checklist. A cyber policy has a 12-hour waiting period before interruption coverage responds.

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