Types of
Insurance
Insurance
This type of insurance covers the cost of medical care.
What is health insurance?
This term refers to the money you pay to an insurance company for coverage.
What is a premium?
If your smartphone is damaged or stolen, this type of house or renters insurance might help cover the cost of replacement.
What is personal property insurance?
This reason is why insurance is important for individuals and families?
What is to protect against financial loss in unexpected situations?
In the animated film "The Polar Express," this type of insurance is what the train company needed to ensure that nobody hurts themselves and sues the conductor on the magical journey to the North Pole.
What is liability insurance?
This type of insurance helps cover the cost of repairing or replacing your car.
What is auto insurance?
This term refers to the amount you must pay out of pocket before your insurance kicks in.
What is a deductible?
If you someone hurts themselves while over at my house, this part of the home insurance will cover any costs associated with this.
What is liability insurance?
This reason of insurance helps contribute to financial peace of mind.
What is knowing you're protected from unexpected expenses?
In the movie "Home Alone," when Kevin's family realizes they left him behind, this type of insurance would have covered the cost of the extra plane ticket for Kevin to join them in Paris.
What is travel insurance?
This type of insurance can help protect you if someone is injured on your property.
What is homeowners or renters insurance?
This term describes the maximum amount an insurance company will pay for a covered loss.
What is the coverage limit?
If your friend borrows your bike and damages it, this type of insurance might cover the repairs.
What is property insurance?
This is why having health insurance can benefit you beyond covering medical expenses?
What is providing access to preventive care and wellness programs?
In this movie, a young wizard inherits a valuable broomstick and should have considered getting this type of insurance for it in case it gets hit by a bludger.
What is property insurance?
This type of insurance can help replace your belongings if they are stolen or damaged in a fire in your rental apartment.
What is renters insurance?
This term refers to the specific risks or events covered by an insurance policy.
What is coverage?
You're on a road trip, and a rock chips your car's windshield. This type of insurance coverage would typically take care of the windshield repair cost.
What is car insurance?
This is why it is essential to review and understand your insurance policy before purchasing it.
What is to ensure it meets your specific needs and expectations?
In the TV special "Rudolph the Red-Nosed Reindeer," this type of insurance Santa Claus should have considered for the foggy Christmas Eve when Rudolph's nose becomes essential?
What is weather insurance?
This type of insurance provides coverage for a specified period and pays a benefit if the insured person passes away.
What is life insurance?
This is the person who will receive the payout of a life insurance policy after the policyholder has passed away.
What is the beneficiary?
You're planning a destination wedding, and you're concerned about potential disruptions due to unforeseen events. This type of insurance might offer protection for your wedding plans.
What is wedding insurance or event insurance?
This is how having auto insurance benefits you in addition to covering the cost of vehicle repairs.
What is providing liability protection if you're at fault in an accident?
In the song "Grandma Got Run Over by a Reindeer," this type of insurance Grandma might have needed, considering the accident with Santa's sleigh.
What is health insurance?