Reference no: EM132580135
Discuss the following:
-Insurance, including all of the types of insurance listed below in #1 and all of the insurance factors below in #2.
-Investing, including all of the investment factors listed in #3 below.
Insurance
-Types of Insurance to be discussed (make a heading for each of the types of insurance in your discussion)
-Auto, including COLLISION, COMPREHENSIVE, LIABILITY
-Health
-Homeowners or renters (whichever applies to you)
-Life (compare whole life with term life and which do you think is better)
-Factors to discuss for each type of insurance:
-Insurance type
-Type of loss covered
-Likelihood that your financial health would be in jeopardy if the insured event occurs (consider the greatest type of event covered by each insurance - for example, your car is totaled). Where could you get a start at identifying values?
-Likelihood that you and your family may encounter this type of loss.
-Is this type of insurance required by any aspect of Government, your bank, or other legally binding requirement?
-Why you should or should not purchase this type of insurance.