Insurance Cover Essay 6

Insurance Cover Essay 6

Insurance Cover Essay 6

Please answer these questions in your own words. Please do not copy word for word from any sites thank you very much.



1- Can insurance assist a business with the risks of direct foreign investments? If so, please share how insurance can be an effective protective strategy for a company involved in direct foreign investments?

2- As we all know insurance is a financial component of a business and of our life. We have the option to purchase insurance to retain money for our losses (i.e. claims). Insurance is a ‘catch 22’, one can purchase insurance and never file a claim. This appears as though we have made an unsuccessful decision with our money. However, if our building burns down, we are able to receive compensation for our loss.

3- Effective risk management will limit unnecessary costs such as waste, labor, and other costly assets. Managers need to identify and monitor possible threats (including human capital) before they harm a business. This is where insurance is imperative to have within a business. Class, do you agree or disagree? Please explain.


You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument