1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
velikii [3]
3 years ago
12

What types of insurance would you need to include in a risk management plan for your family?

Social Studies
2 answers:
antiseptic1488 [7]3 years ago
6 0

Answer: Health insurance. Health insurance can either be purchased by an individual on their own or provided by their employer. Health insurance is based on premiums, co-pays, and deductibles. Health insurance requires that premiums are paid each month, which establishes the policy. Next are co-pays and deductibles which are added payments. Shopping for health insurance is important because you need to find the company that will cover the doctors and services you need. Look at deductibles, co-pays and coinsurance costs in each. If a health insurance company has high deductibles means you will be responsible for a high number of medical expenses before the insurance company will make payments on your bills. Health insurance is vital in today's world. You need it to go to the doctor, the dentist, and the hospital.

Automobile insurance. Car insurance has premiums that have to be paid on a monthly, quarterly or semiannual basis. The amount of the premium is based on driving history, the number of accidents, the number of years driving without incident, etc. Insurance companies vary on degrees of leniency on accident forgiveness. Some insurance companies will forgive the first car accident, while others will immediately increase premiums. Car insurance is necessary for anyone wanting to drive. It is illegal in most states to drive without car insurance.

Life insurance. A basic life insurance is a policy that covers unexpected death. People may premiums on policies that will provide protection. In the event that someone dies during the time frame, the income from the policy is tax-free for beneficiaries. Term life insurance provides protection for a set period of time. Universal life insurance provides lifetime coverage. Life insurance is not required for daily interaction. Life insurance is a way of safeguarding loved ones against an untimely death. Anyone can get life insurance, though it might make more sense for older people and those who work hazardous jobs like law enforcement, firemen, miners, professional fishermen, etc.

Property insurance. Home owner's insurance helps to cover house repairs and expenses if something damages your home and personal property. Not all insurance companies cover the same things. For example, one insurance company will replace a roof with minor damages while another insurance company may not cover a roof. Another item to look at are deductibles. You will have to meet or pay your deductible before the company will pay for anything. Some deductibles are $100, others can be $250. It's important read policies carefully before signing on Property insurance.

Professional mishaps. Professional liability insurance is also called errors and omissions insurance (E&O). It covers people from lawsuits while they are working. This means, that if a client is harmed while you are providing a service or advice, the insurance will cover the lawsuit amount so you are not held legally responsible. This insurance is necessary for doctors and nurses who operate on people, dentists who clean and pull teeth, as well as psychiatrists who prescribe prescription medicines for people. This insurance would be very valuable for someone in one of these professions.

Explanation:plato

Alchen [17]3 years ago
3 0

1. Health

Ensures that health costs are mitigated

2. Homeowners or Rental Insurance

Covers you in the case of disaster, theft, etc. If you volunteer on a board, can also be used to cover you if you are sued.

3. Life insurance

Ensures money for family upon death

4. Car/Motorcycle/Boat Insurance

Ensures protection in case of vehicle related accident

5. Liability insurance

Depending on the type of work done

6. Pet insurance

Depending on type of pet owned and plan for long term health

7. Flood insurance

Different from homeowners and crucial in this era of climate change.


You might be interested in
D. How did climate and the geography affect farmers?
ipn [44]

Answer:

Climate change can disrupt food availability, reduce access to food, and affect food quality. For example, projected increases in temperatures, changes in precipitation patterns, changes in extreme weather events, and reductions in water availability may all result in reduced agricultural productivity.

Explanation:

google says so

3 0
3 years ago
Read 2 more answers
Every year, citizens in most states pay a tax on their houses and cars. Which type of tax is this?
Shalnov [3]

Answer:

Property tax

Through donations

6 0
3 years ago
If electric fields of two charged objects form closed pattern of field lines, the objects are charged?
kicyunya [14]

Answer: negatively

Explanation:

When the field lines point towards the same direction, a positive test charge would emit increasingly when placed upon the line, making the lines directed away from being charged positively to negatively. The magnitude of charge is determined by the number of field lines leaving a positive charge to a negative one

3 0
3 years ago
Mr. rawlins is faculty advisor for the high school service club. he attends every meeting but typically sits in the back of the
Zielflug [23.3K]
I believe the answer is: <span>Enhance club members' sense of self-determination

Sense of self-determination tend to be increased if people is put in the situation where they have to learn to adjust their own behavior and relying on their own capabilities to achieve their goals. This approach sometimes really important in order to make the members become overly dependent towards other people.</span>
4 0
3 years ago
What condition(s) must be satisfied in order for an expert to give opinion testimony?
lawyer [7]

In contrast, expert testimony is admissible only if the witness "qualifies as an expert by virtue of knowledge, skill, experience, education or training" and the testimony provided meets four requirements: increase. Knowledge helps those who know the facts to understand them.

The subject matter of the testimony must be related to the issue at issue. - The usefulness of the testimony outweighs the ill effects it can have.

In the common law system, an expert opinion is usually provided by one of the parties. Evidence must be credible, relevant to the case, conclusive rather than conclusive, and permissible for fact-checking. A fact-finder determines how much weight is given to testimony.

Learn more about testimony at

brainly.com/question/4214423

#SPJ4

8 0
2 years ago
Other questions:
  • If you hade a chance how would you create your own country?
    9·2 answers
  • Dana lives in a country which guarantees healthcare for all of its citizens. dana lives in a country which uses:
    11·1 answer
  • Using land for farming doesn t have any negative consequences. <br> a. True<br> b. False
    10·2 answers
  • According to the ____ viewpoint, a management problem should be handled according to the individual and the environmental situat
    8·1 answer
  • Which of the following is not a Pacific Island? A. New Zealand B. Shikoku C. Fiji D. New Guinea
    8·2 answers
  • What is another term for air pressure is
    15·1 answer
  • The GATT Uruguay Round negotiations led to groundbreaking changes in the following areas, with the exception of
    6·1 answer
  • Which of the following economic products was not a focus of the Soviet economy? A Agricultural products B Consumer goods C Weapo
    15·2 answers
  • Why did the Republicans cared for the aftican American rights​
    12·1 answer
  • Today fewer than 250,000 people make their primary living from food foraging. Where do the remaining food foragers often live?.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!