: Standard policy forms and common exclusions.
The textbook’s chapter on Risk Tolerance aligns directly with the FP Canada standards. Planners use the "Risk Management Matrix" from the 2nd edition to decide when to self-insure (high-frequency, low-severity risks) versus when to transfer risk to an insurer (low-frequency, high-severity). risk management and insurance in canada 2nd edition pdf
The "story" of the book follows a logical progression of identifying, analyzing, and ultimately mitigating risk through various Canadian lenses. Kendall Hunt Higher Education Foundation of Risk: : Standard policy forms and common exclusions
The textbook is structured to lead readers from the fundamental theory of risk to the practical application of insurance policies within the Canadian legal framework. risk management and insurance in canada 2nd edition pdf