Losses caused by the death, disability, or unplanned retirement of key people Estimation of maximum loss Emergency planning--disaster recovery IV. Step Two: loss control and risk financing (1 Loss control Risk avoidance oss prevention Loss reduction▪Losses caused by the death, disability, or unplanned retirement of key people ▪ Estimation of maximum loss ▪ Emergency planning—disaster recovery IV. Step Two: loss control and risk financing (1) Loss control ▪ Risk avoidance ▪ Loss prevention ▪ Loss reduction