...Associate Level Material Appendix E Insurance Matrix |Type of Insurance |Functions |Example of Company |Coverage Characteristics | |Auto |To provide financial protection against physical |Nationwide, GEICO, State Farm, Progressive, Allstate, |Liability coverage pays for the legal responsibility | | |damage or bodily injury resulting from traffic |Amica. |to others for bodily injury or property damage. | | |collisions. | |Policies: (PAP) Individual coverage and family | | | | |automobile. (FAP) for several people in a family who | | | | |are driving the same car. | |Home |To cover the cost of re-building or fixing a home |Farmers, Allstate, Liberty Mutual. |Liability; responsibility for another person’s losses.| | |damage or destroy by fire, theft or other...
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...kBMS0044 ------------------------------------------------- Principles of Risk Assignment One: Risk Map and Risk Plan/Register Assignment November 2010 Outline Brief The basis of this assignment is for you to undertake an initial risk identification analysis of some significant area of a business operation OR environmental setting/issue, with the aim of producing a summary risk map and related risk plan/register. This will require you to consider for your chosen focus of study what might be key (primary) risks, how those risks may be appropriately classified and how their potential impact and likelihood might be assessed and evaluated in an objective way. The final submission will take the form of a graphical risk map (matrix) and a tabulated risk plan/register. The latter should provide for a contextualised review of the key risks, the rationale for their inclusion and for the risk assessment that you have ascribed to each risk listed. The risk map and plan are not required to show risk management responses. This assignment is worth 50% of the overall module assessment, and a guideline of 2,500 words is provided for the written (risk plan) element. Tasks within this brief: 1. Identify a suitably focussed business activity or environmental issue on which to base this assignment; 2. Identify potential risk identification and assessment techniques, and their potential limitations within the context of this assignment; 3. Undertake a process/processes...
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...4 | | |Foundations of Personal Finance | Copyright © 2011, 2010, 2009 by University of Phoenix. All rights reserved. Course Description This course provides an overview of the elements necessary for effective personal financial planning and the opportunity to apply the techniques and strategies essential to this understanding. Primary areas of study include creating and managing a personal budget, understanding and paying taxes, working with financial institutions, wise use of credit cards and consumer loans, financing automobiles and homes, and the use of insurance for protecting one’s family and property. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Bajtelsmit, V. L. & Rastelli, L. G. (2008). Personal...
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...Associate Level Material Appendix E Insurance Matrix |Type of Insurance |Functions |Example of Company |Coverage Characteristics | |Auto |Some functions of auto insurance are to comply with |An example of a company is my company I use which is |The coverage characteristics are liability, full | | |state laws for operation of a vehicle on public |USAA. |coverage, bodily injury liability, medical expenses, | | |roadways and to protect you from the possible | |uninsured motorist protection, property damage | | |financial fallout of a major accident that you cause. | |liability, collision, comprehensive physical damage | |Home |A function of the home insurance is to protect the |Progressive |The coverage characteristics are dwelling, other | | |policy holder and family from sudden and accidental | |structures, personal property, loss of use, liability,| | |events that cause property damage and...
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...Associate Level Material Appendix E Insurance Matrix |Type of Insurance |Functions |Example of Company |Coverage Characteristics | |Auto |This kind of insurance defends the car against |AAA, State Farm, Geico, Farm Bureau Insurance. |This assists to pay for the damages to a person’s own | | |responsibility and property dangers. | |car and others. This also insures personal injuries | | | | |happened in a car mishap. It additionally reduces the | | | | |responsibility for asset dangers. | |Home |This kind of insurance coverage defends against |AAA, State Farm, Liberty Mutual |Assists to protect or decrease the sum of damage from | | |responsibility as well as property dangers of a house.| |things like fire, and criminal damage. This might also| | | ...
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...Associate Level Material Appendix E Insurance Matrix Type of Insurance Functions Example of Company Coverage Characteristics Auto This kind of insurance defends your car against responsibility and property dangers. AAA, State Farm, Geico, Farm Bureau Insurance. This assists you to pay for the damages to a person’s own car and others. This also insures personal injuries that happened in a car mishap. It additionally reduces the responsibility for asset dangers. Home This kind of insurance coverage defends against responsibility as well as property dangers of a home. AAA, State Farm, Liberty Mutual. Assists to protect or decrease the sum of damage from things like fire, and criminal damage. This might also decrease the sum up front. Health A typical health insurance plan provides four primary functions: provisions for routine care, emergency medical assistance, chronic condition treatment and pharmaceutical care Kaiser, Humana, Blue Cross Blue Shield Health insurance covers the cost of medical or hospitalization care as a result of an illness or injury that occurs or is manifested while the policy is in force. Like other kinds of insurance, the benefits are payable in return for the insured paying a premium. Disability Disability insurance protects against the loss of income due to disability. Colonial Life, AIG, Liberty Mutual It provides a source of replacement income, for a stated period of time, when the insured is unable to work because of an illness or an accident...
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...Appendix E Insurance Matrix Type of Insurance | Functions | Example of Company | Coverage Characteristics | Auto | This type of insurance coverage is designed to help financially cover potential auto-related damages, loss or injuries | State Farm Insurance Company | This insurance helps protect you, your passengers, fellow drivers, pedestrians, other people's property and your vehicle. It can also help protect you in the event of an automobile-related lawsuit. | Home | This is property insurance that covers private homes. | Liberty Mutual Insurance | This insurance protects your home and other structures on your property like: a garage or tool shed Smoke, fire or lightning Windstorm, hail or weight of ice, snow or sleet Theft or vandalism, falling objects Freezing of a plumbing, heating, air conditioning or automatic fire-sprinkler system. | Health | This type of insurance covers health expenses incurred by the insured person, or persons. | Blue Cross Health Insurance | This insurance is the protection of medical costs in case of an illness or a medical emergency that pays for the appropriate medical treatment required. | Disability | Disability is defined as any mental or physical illness or injury which prevents you from performing your regular or customary work. | Claim for disability insurance benefits | This is a private plan that employers and employee groups may apply to EDD for approval of a voluntary plan. This is income replacement insurance, due to...
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...College Material Appendix E Insurance Matrix |Type of Insurance |Functions |Example of Company |Coverage Characteristics | |Auto |The primary function of auto insurance is to provide |Geico, Progressive, State Farm, Farmer’s, Nationwide | Coverage characteristics can include bodily injury, | | |protection from and compensation for damage or loss. |and Allstate are a few examples of auto insurance |property damage, collision coverage and a no-fault | | | |companies. |option. | |Home |The main function of home insurance is to protect the |A few examples of home insurance providers are PEMCO, |Characteristics of this include property coverage | | |homeowner against property and liability risks. |Farmers, State Farm, Allstate, Progressive and USAA. |including buildings/structures, personal property and | | | | |living expenses. It also includes liability coverage. | |Health |The main function of health insurance is to protect...
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...Associate Level Material Appendix E Insurance Matrix |Type of Insurance |Functions |Example of Company |Coverage Characteristics | |Auto |The function of auto insurance is for coverage for |Auto Owners is an example of an automobile insurance | Automobile Insurance will cover bodily injury, and | | |property and liability risks, if there is an accident |company. This is an excellent company in Lansing, |property damage coverage. Coverage also protects you | | |with your vehicle. (Personal Automobile Policy) this |Michigan. |from legal liability, medical costs incurred to you or| | |is for individual coverage, (Family Automobile | |other people in your car that are injured, it may also| | |Policy) This is for several people in the family | |include collision coverage under part D of the PAP, | | |driving the same car. These are standard insurance | |and this coverage is optional. | | |contracts to make coverage comparable...
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...College Material Appendix E Insurance Matrix |Type of Insurance |Functions |Example of Company |Coverage Characteristics | |Auto |The function of auto insurance is to cover your car, |Geico is an example of an auto insurance company. |Auto insurance covers all types of things that concern| | |the people in your car, and any other people or cars | |automobiles and what could happen to the people in the| | |that might be involved in an accident. | |vehicle. This includes bodily injury, liability | | | | |losses, medical costs, property damage cause by the | | | | |vehicle, damage to the vehicle, and stolen property in| | | | |the vehicle. | |Home |The function of Home Owner’s Insurance is to protect...
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...Associate Level Material Appendix E Insurance Matrix |Type of Insurance |Functions |Example of Company |Coverage Characteristics | |Auto |Protects you from damages and financial expenses due |Progressive, Country Wide, Geico, Nationwide, Liberty |Auto insurance provides financial protection in the | | |to a motor vehicle accident. |Mutual, Travelers, Allstate |event of an auto collision. It covers physical damage,| | | | |vehicle damage and any liability than can arise | | | | |therefrom. | | | | |Auto insurance companies review your driving record, | | | | |how much you drive, where you live, who the insurer | | | ...
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...Denise Eggersman Version # | ImplementedBy | RevisionDate | ApprovedBy | ApprovalDate | Reason | 1.0 | Joshua Sullivan> | 02/03/2013 | <Bolo and Isabella Czopek> | <02/08/2013> | Initial Risk Management Plan draft | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | TABLE OF CONTENTS 1 INTRODUCTION 1 1.1 Purpose Of The Risk Management Plan 1 2 risk management Procedure 1 2.1 Process 1 2.2 Risk Identification 1 2.3 Risk Analysis 1 2.3.1 Qualitative Risk Analysis 1 2.3.2 Quantitative Risk Analysis 2 2.4 Risk Response Planning 2 2.5 Risk Monitoring, Controlling, And Reporting 2 3 Risk Management Plan Approval 2 Conclusion 3 APPENDIX A: sWOT ANAYLSIS 4 APPENDIX B: RISK MATRIX …………………….............................................5 APPENDIX C REFERENCES……………………...............................................6 Introduction Purpose Of The Risk Management Plan * A risk is an event or condition that, if it occurs, could have a positive or negative effect on a project’s objectives. Risk Management is the process of identifying, assessing, responding to, monitoring, and reporting risks. This Risk Management Plan defines how risks associated with the Silver Fiddle Construction Company, recorded, and monitored throughout the lifecycle of the project and provides templates and practices for recording and prioritizing risks. Silver Fiddle Construction Company specializes in building high-quality, customized homes in Grand Junction...
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...FOUNDATIONS OF PERSONAL FINANCE Start Date: 04/23/2012 Print COURSE DESCRIPTION This course provides an overview of the elements necessary for effective personal financial planning and the opportunity to apply the techniques and strategies essential to this understanding. Primary areas of study include creating and managing a personal budget, understanding and paying taxes, working with financial institutions, wise use of credit cards and consumer loans, financing automobiles and homes, and the use of insurance for protecting one’s family and property. WEEK 1 - TOPIC 1: PERSONAL FINANCIAL PLANNING Objectives List the five steps in the personal financial planning process. Summarize what influences personal financial planning. Identify parts of a financial plan. Materials READING: Read Ch. 1 of Personal finance - Personal Financial Planning in Action: Developing a Personal Financial Plan. SUPPLEMENT: Appendix A: How to Install Quick Time Movie Player SUPPLEMENT: Appendix B: Personal Financial Planning Worksheet WEB LINK: Decision to Own a Home vs. Rent Video SUPPLEMENT: Video Transcript - Decision to Own a Home vs. Rent Assessment Please see instructor's syllabus for details on assignments. Participation/Discussion Questions WEEK 2 - TOPIC 1: MONEY MANAGEMENT Objectives Describe how to organize and prepare personal financial statements. Identify cash management products and services. Complete a personal cash flow statement. Materials READING: Read...
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...5 6.4 WBS Organizational Chart 7 7.0 Network Diagram 8 8.0 Scope Management Plan 8 8.1 Introduction 8 8.2 Scope Management Approach 8 8.3 Scope Definition 9 8.4 Project Scope Statement 9 8.6 Scope Control 10 9.0 Project Schedule 10 9.1 Project Schedule Constraints 10 9.2 High Level Project Milestones 10 9.3 Detailed Project Plan 11 10.0 Schedule Management Plan 13 10.1 Introduction 13 10.2 Schedule Management Approach 13 10.4 Schedule Control 13 10.5 Schedule Changes and Thresholds 14 10.6 Scope Change 14 11.0 Project Budget 15 12.0 Cost Management Plan 15 13.0 Human Resource Management Plan 15 13.1 Introduction 15 13.2 Roles and Responsibilities 16 13.3 Responsibility Assignment Matrix 19 14.0 Risk Management Plan 20 14.1 Introduction...
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...1.3 Service Aims Services Provided Resources Summary 2. Contribution to Corporate Plan and Service Context 3. Performance Report 3.1 3.2 3.3 Performance Indicators Customer Focussed Services Achievements Against Corporate and Service Objectives 4. Future Service 4.1 4.2 Programmes, Projects & Improvement Actions Developing Internal and External Communication 5. Aligning Resources 5.1 5.2 5.3 5.4 5.5 Finance & Assets Efficiency People IT Delivered Systems Knowledge 6. Action Plan 6.1 6.2 6.3 Risk Assessment Sustainability & Equality Appraisal Business Continuity Appendices A. B. C. D. E. F. Issue 1 Business Objectives Matrix 2007/10 Business Objectives Update 2006/07 Workforce Planning Template 2007/08 Budget Analysis (i) Sustainability & (ii) Equality Appraisal Matrix Business Continuity Template March 2007 Process Owner: Chief Financial Services Officer Authorisation: Christine Salter Page 2 of 17 CARDIFF COUNCIL FINANCIAL SERVICES BUSINESS PLAN 2007/8 – 2009/10 1. INTRODUCTION Purpose The purpose of this Business Plan is to describe in outline the key functions of the financial and related services we provide to Cardiff Council and certain other organisations. It also details how service development will be implemented and monitored to meet existing and...
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