 Risk, Insurance And The HomeCharles Andoh ()
Chapter 4 in Fundamentals of Managing Risk and Insurance, 2026, pp 57-83 from Springer Abstract: Abstract This chapter examines the various risk exposures present in the household and explores the risk management strategies, including insurance, that can be employed to mitigate them. It identifies early indicators of potential challenges in long-term decision-making within relationships, discusses the foundational principles of marital life, and addresses a range of issues that may threaten the family, which is regarded as the core unit of society. Appropriate loss control and loss financing measures are proposed for these threats. The chapter further considers the risks associated with religious fanaticism, outlining corresponding loss control and financing strategies. Defiant behaviour is also discussed, with attention given to the factors that trigger such behaviour, and the role of insurance and preventive measures in managing these risks. Finally, the chapter concludes by examining the risk exposures associated with festive activities, along with the loss control and financing techniques that can be applied to reduce potential losses. Keywords: Defiant behaviour; Festivities; Loss finance; Loss control; Principles of marriage life; Religious fanatism (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-95-4581-0_4 Ordering information: This item can be ordered from DOI: 10.1007/978-981-95-4581-0_4 Access Statistics for this chapter More chapters in Springer Books from Springer |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.