I have a friend who likes to climb mountains. I’m not motivated to climb a mountain, but some people are and enjoy doing so as often as possible. I could probably climb a mountain if I had to and I might try if I had no other choice, but for me at this point in my life I just don’t want to take the risk of a broken leg or blisters on my hands. In fact, at this point in my life the risk of breaking my leg is much lower then a friend of mine who does climb mountains … Continue reading →

The first and most important step in Personal Risk Management is to determine what you have and what you need to protect. Insurance is about protecting your assets and deciding what to do in the worst case scenario. The amount of insurance a person or family needs, depends on what they have to lose both in material property and financial security for the future. Success and building a secure financial foundation for you and your families future changes and grows as families learn to manage their risks and plan for life events. What you insure, the value you insure for, … Continue reading →

Personal Risk Management is looking around your home and your life, recognizing risk, and planning what to do about it. Corporations recognize that in business, just about the only sure thing is that you will have risk. According to a global study of financial institutions by Deloitte between the years 2002 and 2004, there was a twenty-five percent increase of board-level oversight in corporate risk management. In the corporate world, risk management referrers to a company’s evaluation of its exposure to risk identification. A company may be able to identify risk easily, because it comes in the form of a … Continue reading →