Managing Risk with Insurance
Lecture no. 8 from the course: Money Management Skills
Taught by Professor Michael Finke | 30 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Insurance is really about “risk management.” The world abounds with perils, and insurance is about estimating the probability of a loss and weighing the cost of insurance versus potential out-of-pocket expenses. Fortunately, some elementary principles help guide you toward critical coverage and help you avoid less beneficial policies.