Natural Risk

Post on 06-Jan-2016

44 views 0 download

description

Natural Risk. By Mahdi , Josh, and Garrett. Natural Risk. Are risks that are caused by natural occurrences. Can result in loss or damage of property and may cause a business to be shut down for any length of time. Examples. Floods Tornadoes Hurricanes Fires Lightning Droughts - PowerPoint PPT Presentation

Transcript of Natural Risk

Natural RiskBy Mahdi, Josh, and Garrett

Natural Risk Are risks that are caused by natural

occurrences. Can result in loss or damage of

property and may cause a business to be shut down for any length of time

Examples Floods Tornadoes Hurricanes Fires Lightning Droughts Earthquakes

Weather Is also classified as natural risk. Some businesses depend on weather

conditions for success Example: Ski Resorts

How to protect your business

Companies can purchase insurance to cover certain natural risks.

Special insurance may be required to cover regional threats such as floods or earthquakes