Hazard condition Study guides, Class notes & Summaries

Commercial Lines 101 CE Questions and Answers 2024 Insurer - Answer -The insurance company Named Insured/Insured - Answer -The policyholder Financial Definition of Insurance - Answer -A financial agreement involving the redistribution of financial losses Legal Definition of Insurance - Answer -A contractual agreement in which one party (the insurer) agrees to compensate or indemnify another party (the insured) for fortuitous losses Loss Pooling - Answer -the sharing of total losses susta...

Perils correct answer: the cause of loss Policy Owner correct answer: the person who has the rights and privileges in the policy Risk correct answer: Uncertainty or chance of loss -Pure Risk(Insurable) -Speculative(Uninsurable) Insured correct answer: the person covered by the insurance policy insurer correct answer: a company that issues an insurance policy Law of large numbers correct answer: the larger the number of people with the same exposure to loss, the more predic...

Risk management Exam 1 driver (updated - 2024) || Complete Solutions (100% Correct) Risk management Exam 1 driver (updated - 2024) || Complete Solutions (100% Correct) types of risk - ANSWER - Pure risk Speculative risk Subjective risk pure risk - ANSWER - Simply no loss or loss *insurance companies only deal with spectulative risk - ANSWER - loss or no loss or potential gain subjective risk - ANSWER - our attitudes towards risk (risk tolerance) *more difficult than pure and spe...

Lead Inspector/Risk Assessor | ALL QUESTIONS AND ANSWERS 2023 GRADED A+!! Permanent abatement options include... - Paint removal, component removal, enclosure, encapsulation Lead Inspector - A certified individual who conducts a surface-by-surface investigation to determine the presence of lead-based paint. Lead-based paint - 1 mg/cm2 5000micrograms/g = 5000ppm .5% by weight What is lead based paint? - any surface coating containing at least 1 miligram per square centimeter of lead...

What is the primary role of a security officer in crime prevention? - Answer- Reduce the opportunity for a person to commit a crime Crime prevention is the anticipation, recognition, and appraisal of a crime risk. It also involves what? - Answer- Initiating some action to remove or reduce the risk What must be done about life safety deficiencies found in the hazard surveillance tour? - Answer- Correct them immediately What is the purpose of crime analysis? - Answer- Identify problems an...

CHST Exam Prep Q&A 2022-2023. From a safety stand point which of the following is a lagging indicator? - OSHA incidence rate A safety program begins begins by: - Developing a policy statement. How should a manager discipline a first offense minor rule infraction. - Oral reprimand. What is the most important factor in accident prevention. - Management support. Which federal agency is likely user an activity hazard analysis on a construction project? - U.S. Army corps of Engineers ...

Which of the following helps to create a sense of continuity in group development? - Answer Officers continually reminding subordinates that they are part of a larger group or organization What should the company officer do if a subordinate appears to have a psychological/emotional problem? - Answer Seek guidance from a superior officer and/or the employee assistance program (EAP) The organization vests the ____ with the authority to be the formal group leader. - Answer company officer ...

OSHA Basic Orientation Plus Test | 50 Questions with 100% Correct Answers | Verified | Updated 2023 What is the most frequently cited OSHA violation? - Correct Answer Fall Protection What key elements are essential to recognizing hazards and reducing or eliminating workplace hazards? - Correct Answer Management commitment and employee involvement You are encouraged to ask your coworkers/supervisor for information whenever you have a problem or are in doubt about what to do on a job? - Cor...

Supervisor-Managing Your Teams Risk – 3455 Questions and Answers Already Passed The portion of total risk that remains after unacceptable risk has been determined is ________. Residual An opposing force, condition, source, or circumstance with the potential to negatively impact your mission and/or degrade the mission capability is a __________. Hazard Risk to forces is the risk that could potentially damage or injure our forces (equipment and personnel). True Individual unit...

What are two results of workplace injuries and illnesses? - Answer increased cost to train replacement workers Workers can find information about their right to seek safety and health on the job without fear of punishment within *what section* of the Occupational Safety and Health Act? - Answer Section 11(c) of the OSH Act The statement "Protecting the safety and health of America's workers is an important factor in reducing worker fatality, injuries and illnesses" is found in *what sec...