Auto insurance
whats the purpose of auto insurance.
A safeguard for your financial well-being in case of car accidents.
whats the purpose of property insurance
Pays for losses and damage to your property
whats the purpose of health insurance
protects you from unexpected high medical costs
whats the purpose of life insurance
protects your spouse and children from the potentially devastating financial losses that could result if something happened to you.
what will auto insurance cover
damage to your vehicle
what does property insurance cover
Property damage if something unexpected happens
what will your health plan cover?
A. hospital care
B. pregnancy
C. mental health services
D. All of the above
D. All of the above
a Family's need for income is greatest during which period?
a. family dependency period
b. Blackout period
A. family dependency period
what are 3 factors of getting a quote in car insurance?
a. Your car
b. driving habits
c. demographic factors and coverages
d. all of the above
D. all of the above
reasons people don't buy property insurance
struggling to afford rising premiums
reasons people don't buy health insurance
rising health care costs and the economic downturn
why do not many people get life insurance
Because they believe the process will be inconvenient
1 way to keep your Auto insurance low
increase your deductible
1 way to keep your property insurance low
Raise your deductible
1 way to keep your health insurance low
Enroll in an HSA or FSA
What is one way you can keep your life insurance cost low
Choose the correct type of policy, maintain a heathy lifestyle, pay annually
what is covered if you get in a car accident
medical expenses for the other driver as well as property damage not on your own vehicle
what is covered if an accident happens to your property
damage to the personal property of others caused by the policyholder
what is covered if you get in a accident with health insurance.
It will cover the costs of medical bills as soon as you meet the deductible and coverage eligibility
what is covered if you get in a accident with life insurance
A death benefit