Financial Planning for Generation X & Y Women
 
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Insurance & Risk Management

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Life is full of risks. Some are larger than others. Risk is the uncertainty that a situation or event will turn out the way we expect it to. You may expect to drive to work everyday and not be involved in a crash. There is risk, however, that you might be involved in a crash. Some of the risks we face in life have financial consequences. This chapter will examine the primary way people manage risks with financial consequences-insurance.