Which of the following is an example of property risk?

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Property risk refers to the potential for financial loss associated with physical assets, such as buildings, equipment, and inventory. Theft of business equipment clearly falls into this category, as it directly involves the loss of a physical asset that can affect the business's operations and financial health. This type of risk is specific to property and can result in significant financial repercussions, including the replacement costs for stolen items and any interruption in business operations.

In contrast, unplanned medical expenses are considered a form of health risk rather than property risk, focusing on personal health rather than physical assets. Liability for accidents pertains to legal risks associated with injuries or damages caused to third parties, which does not involve physical property loss. Loss of income due to unemployment relates to financial risk affecting an individual's income source, rather than a loss related to physical property. By identifying theft of business equipment as an example of property risk, it's clear that it exemplifies the financial implications that can arise from the loss of tangible assets.

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