Risk Management: Managing Property and Liability Risk - Revised

Risk Management
Free Course
Managing risk is essential for the success of any business as it helps identify, assess, and manage problems. In this free online Managing Property and Liability Risk course you are introduced to property and liability risks including coverage, classification, valuation and global risk exposures. The course teaches you about the importance of risk management and the main steps of risk management which every business professional needs to know.
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  • Duration

    2-3 Hours
  • Assessment

  • Certification

  • Responsive





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In this course you will be introduced to property and liability risks, including e-commerce and global risk exposures. Property can be classified in a number of ways, including its mobility, use-value and ownership. You will study the ways in which valuation, deductibles and coinsurance clauses, influences property coverage and premiums.

Almost every home, family and business faces risk exposure, because of the use of computers and the Internet, where hackers and viruses compromise people's privacy and security. You will examine the increasing frequency and severity of e-commerce property risks and become familiar with the five main categories of risk, as well as loss-control steps that can be implemented. You will explore the availability of different forms of insurance, as a means of transferring risk. Global exposure is rapidly growing for many companies, forcing management to consider the unique problems that arise when companies cross national borders. You will examine global risk exposures in the international competitive landscape, including risk control measures and insurance options.

Risk is part of our daily lives and businesses. Learning how to manage risk and having the right insurance measures in place will make it easier for you when things go wrong. This Managing Property and Liability Risk course will help you identify and explore potential risks in managing property so make sure to check it out and start learning how to control, prevent, and reduce losses that can result from risk.

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Learning Outcomes

After completing this course you will be able to:

  • Identify the general features of property coverage - real and personal.
  • Explain the classification of real and personal property and its affect on risk exposure and valuation.
  • List the five categories of e-commerce property risk.
  • Trace the major causes of hardware and software losses.
  • Outline the factors and solutions pertaining to global risk exposure.
  • Explain the meaning of liability and its legal ramifications.
  • Distinguish between special, general and punitive damages.
  • Give examples of how negligent actions can result in liability.
  • List some of the property owners’ duties to others.


All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire official Certification, which is a great way to share your achievement with the world. Your Alison Certification is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Alison offers 3 types of Certification for completed Certificate courses:

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All Certification is available to purchase through the Alison Shop. For more information on purchasing Alison Certification, please visit our faqs. If you decide not to purchase your Alison Certification, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certification pricing, please visit our Pricing Page.

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