Financial Building Blocks A Resource for Sound Financial Strategies Dr. Steven M. Hays Personal Finance Bishop Kearney High School Insurance and Financial Services
Overview What is insurance? Why is insurance important? Types of insurance How to determine your need for insurance Q & A
A Full-Service Team of Professionals Your Insurance Agency Team
Insurance Income and spending Saving and investing Building Blocks of a Sound Financial Program
What is Insurance? A promise of compensation for specific potential future losses in exchange for a periodic payment. Insurance is designed to protect the financial well-being of an individual, company or other entity in the case of unexpected loss.
Types of Insurance Auto, Home, Renters insurance Life insurance Health insurance Disability income insurance
Protecting Your Property Homeowners insurance Renters insurance
Is It Possible to Save on Auto Insurance?
To help your loved ones maintain their lifestyle in the event of your death Why Buy Life Insurance?
How Much Life Insurance Do You Need?
Types of Life Insurance Term Whole life Universal life
How Whole Life Insurance Works You Fixed Premiums Insurance Company Death Benefit Beneficiaries Cash Value $ $ Policy $
Term or whole life insurance? Which Should You Choose?
Insurance Action Plan Consider your life insurance needs Protect what you own with auto and homeowners/renters insurance Don’t overlook your other needs, including health insurance and disability income insurance
You Also Need to Think About... Health insurance Disability income insurance
Financial Building Blocks A Resource for Sound Financial Strategies Questions Insurance and Financial Services