Management and insurance personal risk
If there is one thing which we can be certain in this world, it is uncertainty which seems to surround all the things we do. This uncertainty is always at the heart of risk and risk is at the very core of insurance. While events occupy the headlines of mass media, there lies beneath them the te...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/63995 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | If there is one thing which we can be certain in this world, it is
uncertainty which seems to surround all the things we do. This
uncertainty is always at the heart of risk and risk is at the very core of
insurance.
While events occupy the headlines of mass media, there lies beneath
them the terrible toll of risk on individuals. It is in the face of risk that
people must venture on. All risks cannot be removed, but they can be
controlled, minimized, and transferred. Risk management and insurance
are the tools to it!
As Singaporeans become more affluent and educated, they become more
insurance conscious. Their understanding on insurance will also improve
over the years. However, there is still a lot of room for improvement.
Furthermore, with the increase in costs such as housing and medical
expenses, it is important for Singaporeans to be aware of the extent and
frequency of the risks they will be facing.
This project, "Personal Risk Management and Insurance", attempts to
explain and analyze the concepts of risks and insurance which
individuals will encounter and need in Singapore. It should contribute to
a better understanding of risk management and insurance to the readers
and help to clear their doubts about insurance. |
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