Henry bought a hockey rink. He worries that if something goes wrong with the ice or the equipment that someone might get injured and sue him for negligence. He is going to purchase insurance to protect himself in case this happens. From which type of risk is Henry trying to protect himself?

A.
property risk

B.
liability risk

C.
inheritance risk

D.
personal risk

Henry bought a hockey rink. He worries that if something goes wrong with the ice or the equipment that someone might get injured and sue him for negligence. He is going to purchase insurance to protect himself in case this happens.

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srastiuts023 srastiuts023 · Answer 2 · 2022-06-08T13:40:34+02:00

The correct option is D. Personal Risk.

What is an example of personal risk?

Personal risks directly affect an individual and may involve the loss of earnings and assets or an increase in expenses. For example, unemployment may create financial burdens from the loss of income and employment benefits.

What are major personal risks?

There are four types of risks that we may encounter. Income Risk, Expense Risk, Asset/Investment Risk, and Debit/Credit Risk are the four types of risk.

What is personal risk in the workplace?

Personal risk assessment requires taking a thorough inspection of the workplace in order to identify all of the situations, processes, and equipment that may cause harm. Having identified the risks, you then evaluate how likely the risk is to occur and its probable severity.

Learn more about Personal risk at https://brainly.com/question/6896932

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