Insurance
Reason for purchasing insurance
What is to protect your life and health?
Geico, Allstate, Progressive
What are auto insurance companies?
To cover medical expenses
What is health insurance?
Prudential and State Farm
What are life insurance companies?
People who need this insurance
What are apartment owners?
Paid monthly for insurance
What is a premium?
Legally required to drive your vehicle
What is a car insurance policy?
Mediclaim and Critical Illness insurance plans
What are health insurance plans?
Person who receives money from your will when you pass away
What is a beneficiary?
Theft, fire, vandalism
What is covered by renters insurance?
Money that is paid before receiving insurance benefits
What is a deductible?
Liability, collision, and comprehensive
What are the types of auto insurance?
Helps elderly Americans pay healthcare costs
What is Medicare?
Can increase life insurance premiums
What is age?
Personal property, liability, and additional living expenses
What are the major parts of a renters insurance policy?
Age, driving history, credit score, etc.
What are factors that impact insurance costs?
SSN, bank information, and vehicle information
What are the documents needed to obtain auto insurance?
Smaller percentage of doctor's charge paid by patient
What is coinsurance?
Total amount of coverage you need
What is total value?
Flood damage
What is not covered by a standard renters policy?
Uncertainty arising from the possible occurrence of given events.
What is risk?
Covers natural disasters, theft, hitting/being hit by an animal
What is comprehensive coverage?
Gives people access to certain doctors and hospitals within network
What is HMO?
Maximum length of life insurance policy
What is 30 years?
Increasing your deductible
What is saving on renters insurance premiums?