4-h youth development 2007. potpourri insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555...

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4-H Youth Development 2007

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Page 1: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

4-H Youth Development

2007

Page 2: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

PotpourriPotpourriInsurance Insurance

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FinancesFinances Risk Mgmt Risk Mgmt TermsTerms

Risk Mgmt Risk Mgmt StrategiesStrategies

Page 3: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

A written contract for insurance between an

insurance company and policyholder stating details of

coverage.

Check Your Answer

Insurance for 1

Page 4: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is an insurance policy?

Back to the Game Board

Insurance for 1

Page 5: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

The insurance policy that pays first when you have a loss that’s covered by more

than one policy.

Insurance for 2

Check Your Answer

Page 6: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is primary insurance?

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Insurance for 2

Page 7: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

The form of insurance that protects against losses

involving autos.

Insurance for 3

Check Your Answer

Page 8: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is automobile insurance?

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Insurance for 3

Page 9: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

This insurance is utilized after the primary insurance has

been exhausted.

Insurance for 4

Check Your Answer

Page 10: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is secondary insurance?

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Insurance for 4

Page 11: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

The liability portion of this policy covers the homeowner for accidental injuries caused

to third parties and/or their property.

Insurance for 5

Check Your Answer

Page 12: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is homeowner’s insurance?

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Insurance for 5

Page 13: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

The number of signatures required on a 4-H club check.

Finances for 1

Check Your Answer

Page 14: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is 2?

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Finances for 1

Page 15: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

The level of the 4-H program requiring annual financial

reporting and accountability.

Finances for 2

Check Your Answer

Page 16: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is federal (or national)?

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Finances for 2

Page 17: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Location where 4-H money must be kept.

Finances for 3

Check Your Answer

Page 18: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is a public financial institution?

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Finances for 3

Page 19: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

The manner in which 4-H money can most accurately

be described.

Finances for 4

Check Your Answer

Page 20: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is public money?

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Finances for 4

Page 21: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Location where 4-H clubs must submit an annual financial

report.

Finances for 5

Check Your Answer

Page 22: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is the UW-Extension Office?

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Finances for 5

Page 23: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Anticipating potential risks in planning and deciding ways

to manage these risks.

Risk Management Terms for 1

Check Your Answer

Page 24: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is risk management?

Back to the Game Board

Risk Management Terms for 1

Page 25: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Legally bound or responsible.

Risk Management Terms for 2

Check Your Answer

Page 26: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is liability?

Back to the Game Board

Risk Management Terms for 2

Page 27: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Negligence, assault and battery, false arrest and imprisonment,

invasion of privacy, defamation, and violation of constitutional

rights.

Risk Management Terms for 3

Check Your Answer

Page 28: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What are forms of liability?

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Risk Management Terms for 3

Page 29: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Failure to use that degree of care which an ordinary person

of responsible prudence would use under the given or

similar circumstances.

Risk Management Terms for 4

Check Your Answer

Page 30: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is negligence?

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Risk Management Terms for 4

Page 31: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Wisconsin government provision to limit volunteer

liability.

Risk Management Terms for 5

Check Your Answer

Page 32: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is a state statute?

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Risk Management Terms for 5

Page 33: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Accept the risk and prepare for the possibility of loss to

occur.

Risk Management Strategies for 1

Check Your Answer

Page 34: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is assume the risk?

Back to the Game Board

Risk Management Strategies for 1

Page 35: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

A decision to discontinue an activity since the risks are too severe and the possibility of

occurrence is too great.

Risk Management Strategies for 2

Check Your Answer

Page 36: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is avoid the risk?

Back to the Game Board

Risk Management Strategies for 2

Page 37: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Change the activity or conditions to decrease the likelihood that a loss will

occur.

Risk Management Strategies for 3

Check Your Answer

Page 38: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is reduce the risk?

Back to the Game Board

Risk Management Strategies for 3

Page 39: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Purchase accident or medical insurance, use consent forms, or pay a vendor for services.

Risk Management Strategies for 4

Check Your Answer

Page 40: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What are examples of transferring the risk?

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Risk Management Strategies for 4

Page 41: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Leadership in an organization monitors and evaluates risk

plans in this phase of the risk management process.

Risk Management Strategies for 5

Check Your Answer

Page 42: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is risk review?

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Risk Management Strategies for 5

Page 43: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Minimum age for chaperones.

Potpourri for 1

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Page 44: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is 21 years of age?

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Potpourri for 1

Page 45: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

The required ratio of chaperones to youth for

overnight events.

Potpourri for 2

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Page 46: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is 1 adult for every 10 youth?

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Potpourri for 2

Page 47: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

The use of this type of vehicle is highly discouraged

(prohibited if UW-Extension staff members are driving).

Potpourri for 3

Check Your Answer

Page 48: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is a 12 or 15 passenger van?

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Potpourri for 3

Page 49: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Minimum age of drivers if 4-H Youth Development staff

members are arranging for youth transportation.

Potpourri for 4

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Page 50: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is 21 years of age?

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Potpourri for 4

Page 51: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Providing medical attention to the injured.

Potpourri for 5

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Page 52: 4-H Youth Development 2007. Potpourri Insurance 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111 3333 2222 4444 5555 1111

Answer: What is the first priority in case of an

emergency?

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Potpourri for 5