Automobile Insurance
Medical payments/personal injury protection
Covers medical expenses for you and your passengers, regardless of fault.
What can affect the price of health care
location, age, tobacco use, plan category, and whether the plan covers dependents
Homeowner's insurance
covers the structure of your home, your personal belongings, and your liability for accidents that occur on your property.
Whole life insurance
type of permanent life insurance that provides coverage for your entire lifetime, as long as premiums are paid.
Where do most people believe insurance first appeared and who founded it.
England europe Benjamin franklin
William Talbot and Sir Thomas Allen.
Uninsured/underinsured motorist coverage:
Protects you if you are hit by a driver with little or no insurance.
Who does medicare help
people ages 65 or older, certain people under age 65 with disabilities, and people of any age with End Stage Renal Disease.
What things require premium payments
value of your home or belongings, the location, and the coverage limits you choose.
Term life insurance
provides coverage for a specific period, such as 10, 20, or 30 years.
Most exspensive cars to get car insurance for
Maserati Quattroporte: $5,024 a year (a luxury car) Audi R8: $4,568 a year (a luxury sports car) BMW i8: $4,372 a year (a hybrid sports car)
Comprehensive coverage
Covers damages to your vehicle from events like theft, vandalism, or natural disasters.
what is Coinsurance
The percentage of costs you pay after meeting the deductible.
In what ways can home insurance be caculated
By how much a house is worth for example 1 or 2 percent of the houses value
or a flat rate like 500 to 2000 a month
can you take money out of whole life insurance early and if you can what would happen.
Yes, but you will lose some money because of fees
What percent of your gross wage go to social security and medicare tax
6.2% of your gross wages goes to Social Security tax.* 1.45% of your gross wages goes to Medicare tax.*
Collision coverage
Pays for damage to your vehicle if you collide with another car or object.
where can you get Health insurance
employers, government programs (e.g., Medicare, Medicaid), or individual/family policies purchased on the health insurance marketplace.
If someones gets injured in your home can home insurance cover it
yes if you have liability coverage
Can premiums payed be refunded
in most scenarios no
When were traces of insurance first found
4000 years old
The concept of insurance is much older than you might have thought, about 4000 years to be precise. The first insurance-style practices were adopted by Babylonian, Chinese and Indian traders.Oct 26, 2022
What is Liability Coverage?
Pays for damages and injuries to other people and their property if you are found legally liable.
Deductibles
The amount you must pay out-of-pocket before the insurance coverage kicks in.
If I lost my 500 dollar neclace during my trip to the moon can i get reimburesed for it and around what percent
50 to 70 percent and yes as long as its below the limit
Which insurance has a cash value
whole life insurance