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Risk Management: Managing Property and Liability Risk - Revised

Learn more about property and liability risks, including coverage, classification, valuation, and global risk exposure.

Risk Management
Free Course
Risks are inevitable in life, and come in a variety of different forms. In a clear and step-by-step manner, this course will guide you through the most important elements of property risk (which involves a property being damaged by fire or natural calamities) and liability risk (which involves a person becoming vulnerable to a lawsuit). By the end of the course, you will know how to identify, assess, and manage these risks effectively.
  • Duration

    2-3 Hours
  • Assessment

    Yes
  • Certification

    Yes
  • Responsive

    Yes

Description

Outcome

Certification

View course modules

Description

This course begins by identifying the general features of property coverage for real and personal property. It then explains these properties' classification and effect on risk exposure and valuation. You will also examine the increasing frequency and severity of e-commerce property risks, and become familiar with the five main categories of risks. You will then look into common strategies of loss-control and explore the availability of different forms of insurance as a means of transferring risks.

Global exposure is rapidly growing for many companies. This course will discuss global risk exposures in the international competitive landscape. You will look into risk control measures and insurance options, and then study the meaning of liability and its legal ramifications. This course will also discuss special, general, and punitive damages. You will learn how negligent actions can result in liabilities, as well as look into the duties property owners have to others.

Whether we like it or not, we are all exposed to risks. Learning how to manage this risk and having the right insurance measures in place will make it easier for you if and when things go wrong. By the end of this course, you will how how to identify, control, prevent, and reduce potential risks when managing properties. This is really useful information, so don't wait until it's too late. Start learning something valuable, today.

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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.

Certification

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:

Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping

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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