1. Insurance

2. Insurance Insurance Many Types of Insurance
Arrangement by company or government agency that provides compensation for specific loss, damage, illness or death in return for a premium.
Provides protection against possible risk occurring
Many Types of Insurance
Health (medical/Dental), Auto, Life, Travel Insurance, Pet, Homeowner, Unemployment
Any many more

3. Health Insurance High Deductible Health Insurance Dental Insurance
Insurance that pays for medical expenses.
Private Insurance Companies or Govt. (Medicaid & Medicare)
HMO (Health Maintenance Organization):
Access certain doctors and hospitals in network
Must have PCP (primary care physician) referrals for specialist
PPO (Preferred Provider Organization):
Can choose from own network, no PCP necessary
High Deductible Health Insurance
High deductible before health insurance takes effect
Dental Insurance
Pay for portion of costs associated with dental care.

4. Car Insurance Car Insurance: Liability Insurance (your fault)
Property damage and medical bills
Collision
Pay for damage to your car
Comprehensive
Weather damage, theft, collision with animal
Personal Injury Protection
Covers medical bills for you and passengers
Uninsured Motorist
Accident with someone without insurance

5. Life Insurance Life Insurance
Protects against financial loss against death.
Pays beneficiary a lump sum upon death of policy holder
Must pay premium for the policy
Term Life Insurance Policy
Provides protection for a specific period of time
Universal Life Insurance/Whole Life Ins Policy
Permanent life insurance to provide lifetime coverage

6. Homeowners Insurance Homeowners Insurance: Rental Insurance
Covers home and contents against damage, theft, personal liability for bodily injury
Flood and Earthquake are separate
Does not cover RV, Car, Boat
Rental Insurance
Covers contents in rental property against theft, loss of property, and loss of use, including personal liability

7. Travel and Pet Insurance
Travel Insurance
Covers Medical Costs when travelling abroad
Trip Cancellations/Interruptions
Travel Delay and Baggage Coverage
Pet Insurance
Health Insurance for Pets
Unemployment Insurance
Receive weekly payments in case of loss of job