Type of loss covered

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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.

Reference no: EM132580135

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