Questions:
•Identify 3-5 assets that you can determine monetary value and the cost of insurance for those assets. Only use assets that you can find and insurance for or warranty coverage. Use all the assets possible from Project 1
• identify a single loss incident such as a commercial risk or personal risk.
• Determine the approx cost of repair or replacement for each assets covered under the insurance
• Calculate the SLE for each asset.
• Determine how many times each risk or incident can happen in a year for each asset in your opinion
• Calculate the annual year loss expectation
• identify the level of insurance for each asset meaning how much the insurance would cost and coverage
• identify if you would buy insurance for each one and explain why or why not?