Explain why insurance is an important part of your financial plan. It is important because though you pay to have it in the case of a disaster your money will be protected.
What are some ways you can save on car insurance? You can save by comparing insurances to get the best deal, asking for discounts, and getting the right one for your specific needs.
Explain why having health insurance is important even if you are young and healthy. You don't know what is going to happen in the future. Health insurance protects you from big payments for something you didn't see coming.
Which type of insurance is the better option, term or cash vale? Explain. Term is the best because you should have built up enough wealth in your life not to need it forever.
What is duplicate coverage, and why should you avoid it? It is when you have insurance with two different companies for the same thing. It is a bad idea because when you need to use them they argue about who should pay.
We need insurance to protect us and protect our money.
ReplyDeleteExplain why insurance is an important part of your financial plan.
ReplyDeleteIt is important because though you pay to have it in the case of a disaster your money will be protected.
What are some ways you can save on car insurance?
ReplyDeleteYou can save by comparing insurances to get the best deal, asking for discounts, and getting the right one for your specific needs.
Explain why having health insurance is important even if you are young and healthy.
ReplyDeleteYou don't know what is going to happen in the future. Health insurance protects you from big payments for something you didn't see coming.
At what stage of life will the cost of your healthcare needs be most expensive?
ReplyDeleteThe last six months of your life will be the most expensive.
Explain why identity theft protection is so important.
ReplyDeleteIf you don't have it and it happens it can be very costly - both money-wise and time-wise.
Which type of insurance is the better option, term or cash vale? Explain.
ReplyDeleteTerm is the best because you should have built up enough wealth in your life not to need it forever.
What is duplicate coverage, and why should you avoid it?
ReplyDeleteIt is when you have insurance with two different companies for the same thing.
It is a bad idea because when you need to use them they argue about who should pay.
Identity Theft Protection is so important because identity theft is the fastest growing white-collar crime in North America.
ReplyDeleteAvoid duplicate coverage because the two insurance companies will fight over who pays the bills and nothing gets accomplished.
ReplyDelete