The terrorism risk in the United States
A) is of no concern to private companies.
B) is limited to attacks by foreign nationals.
C) can be addressed through risk control and insurance.
D) is an uninsurable risk.

Question

Quizplus · Accepted Answer

Private companies can address terrorism risk through risk control measures such as security systems and protocols, and can mitigate potential financial losses through purchasing terrorism insurance. While terrorism risk is not entirely predictable, insurance companies do offer coverage for losses resulting from terrorist attacks. Therefore, terrorism is not an uninsurable risk. It is important for private companies to proactively manage terrorism risk and work with insurance advisors to identify appropriate insurance solutions.

The Terrorism Risk in the United States