Deck 7: Risk Analysis, Security Surveys, and Insurance

Question 1

Federal Crime Insurance is available to all States

Answer 1

True

Question 2

The Value of an Insurance based Loss Prevention Program Entails

A) mathematical formulas
B) statistics
C) probabilities
D) all of the above

Answer 2

D

Question 3

Of all Security Related Insurance,3D Coverage offers the Most Flexibility

Answer 3

True

Question 4

Kidnap for Ransom Insurance Requires Basic Security Measures but does not require

A) Secrecy of coverage
B) Recorded Currency
C) Verifiable education and awareness training
D) Reasonable effort must be made to contact the police
E) Travel Insurance
F) Plan of Action

Question 5

Cyber Liability Coverage is Still Evolving As a Means of Protection

Question 6

Both Loss of Use and Extra Expense Coverage are Always Wise Regardless of the Type of Business

Question 7

Risk Transfer is not the most important way to protect the Corporate Enterprise.