Risk Management Scenarios

Worried about theft on campus, Sophie did not buy a laptop or printer to bring to campus. She figured she could use the campus labs instead.

• Avoid
• Reduce
• Accept
• Transfer

Joe is 65 years old and eligible for Medicare, but he feels that he needs additional coverage for possible medical bills. He purchased additional coverage through United Health.

• Avoid
• Reduce
• Accept
• Transfer

Jake does not want to pay for extended protection on his new tablet so he follows all of the maintenance suggestions, never leaves it in his locker, and keeps it in a protective case.

• Avoid

• Reduce

• Accept

• Transfer

Daryl has a full coverage automobile policy on his new Honda Accord.

• Avoid

• Reduce

• Accept

• Transfer

Andrew lives in a city where it is expensive to own and store a car, not to mention car break-ins and thefts are high. He has decided to not own one, and instead use public

transportation.

• Avoid

• Reduce

• Accept

• Transfer

Christine carries the minimum required health insurance. She figures that she is young and healthy and will probably just need an annual physical.

• Avoid

• Accept

• Reduce

• Transfer