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    What's Risk Got To Do With It?

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    Lawrence Yara Piguerra
    The document discusses the concept of risk and defines it as the chance of loss or harm. It outlines different categories of risk people face such as risks from actions, inactions, unlikely but possible events, and everyday risks worth taking. Finally, it provides tips for protecting oneself from risk such as avoiding dangerous situations, using protective measures, gaining knowledge, and purchasing insurance.

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    What's Risk Got To Do With It?

    Uploaded by

    Lawrence Yara Piguerra
    17 views2 pages
    The document discusses the concept of risk and defines it as the chance of loss or harm. It outlines different categories of risk people face such as risks from actions, inactions, unlikely but possible events, and everyday risks worth taking. Finally, it provides tips for protecting oneself from risk such as avoiding dangerous situations, using protective measures, gaining knowledge, and purchasing insurance.

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    The document discusses the concept of risk and defines it as the chance of loss or harm. It outlines different categories of risk people face such as risks from actions, inactions, unlikely but possible events, and everyday risks worth taking. Finally, it provides tips for protecting oneself from risk such as avoiding dangerous situations, using protective measures, gaining knowledge, and purchasing insurance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    17 views2 pages

    What's Risk Got To Do With It?

    Uploaded by

    Lawrence Yara Piguerra
    The document discusses the concept of risk and defines it as the chance of loss or harm. It outlines different categories of risk people face such as risks from actions, inactions, unlikely but possible events, and everyday risks worth taking. Finally, it provides tips for protecting oneself from risk such as avoiding dangerous situations, using protective measures, gaining knowledge, and purchasing insurance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Lesson 2 Student Printable

    What’s Risk Got To Do With It?


    What is risk?
    A standard definition would be chance of loss: of life, property, health, comfort, success. What is your definition of risk?

    What types of risk do we face?


    Many people think of risk only as involving things that are considered dangerous. In reality, risk is a part of everyday life. It’s
    just that some risks are greater or more obvious than others, and people tend to notice those and associate them with the
    word “risk.” For example, which of these two activities makes you think of risk: walking down stairs or motorcycle racing?

    Motorcycle racing is generally considered higher risk than walking down stairs. But what if there is ice on the stairs, if your
    shoes are untied, or if the stairs are in bad shape?

    Some general categories of risk that we face might be:

    • Risk that comes with action: skateboarding, driving, eating junk food all the time

    • Risk that comes with lack of action: not wearing a seatbelt, failing to study for a test

    • Risks you know about but don’t think will happen to you: getting struck by a car

    • Everyday risks worth taking: trying out for the soccer or basketball teams; introducing yourself to a person you would like
    to know; public speaking

    What other categories of risk would you add to this list? Give some examples.

    How do we protect ourselves from risk?


    It is impossible to eliminate all risk from our lives. But there are things we can do to protect ourselves and reduce the chance of
    bad things happening:

    • Avoid dangerous situations and activities.

    • Use protective devices and preventive measures.

    • Arm yourself with knowledge. Have the facts and skills that enable you to make good decisions.

    • Have insurance. Protect yourself from financial loss due to illness, injury, death, property damage and loss.
    Page 2

    What’s risk go to do with it?


    The bottom line is you want to find ways to reduce the negative impact of risk in your life. List risks you might face daily and
    ways you protect yourself.

    The risk (and what can happen) Type of risk (from list) Ways to protect yourself

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