Travel Risk Assessment & Management 4

Question 1

Which of the following is the BEST example of transferring travel risk?

Accepted Answer

Purchasing comprehensive travel insurance

Answer

Buying insurance transfers the financial burden of a realized risk (medical emergency, cancellation, theft) to the insurer rather than absorbing it yourself.

Question 2

A traveler with a known nut allergy is visiting a country where the local cuisine heavily features peanuts. What is the MOST effective pre-trip risk management step?

Accepted Answer

Learn how to say 'I am allergic to peanuts' in the local language and carry a translated allergy card

Answer

A translated allergy card combined with verbal communication maximizes the chance that local restaurant staff understand and act on the life-threatening restriction.

Question 3

What is the recommended safe minimum amount of local currency a traveler should carry as an emergency cash reserve abroad?

Accepted Answer

Enough to cover a taxi to the nearest hospital and a one-night hotel stay

Answer

Keeping enough local cash for an emergency taxi ride and one night of lodging ensures you can respond to a crisis if cards are lost, stolen, or declined.

Question 4

Which action best illustrates the risk management principle of 'avoidance'?

Accepted Answer

Choosing not to travel to a country under a Level 4 'Do Not Travel' advisory

Answer

Avoidance means eliminating the risk entirely by not engaging in the activity — in this case, not traveling to the dangerous destination at all.

Question 5

Why is it important to check whether your domestic health insurance covers you internationally before a trip?

Accepted Answer

Many U.S. health insurance plans provide no coverage or very limited coverage outside the country

Answer

Most U.S. health insurance plans, including many Medicare plans, do not cover emergency medical care abroad, leaving travelers exposed to significant out-of-pocket costs.

Travel Practice Test

Travel Practice Test

Travel Risk Assessment & Management 4