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HOME INSURANCE
Homeowners insurance provides financial protection against
disasters such as fire, wind, and water. The standard policy
insures the home itself and the personal contents you keep in it.
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AUTO INSURANCE
Auto insurance protects you against financial loss if you
have an accident. It is a contract between you and the
insurance company. Liability coverage pays for
damages to property of others due to your fault. Comprehensive and
Collision pays for damages to your vehicle.
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LIFE INSURANCE
There are two major types of life insurance—term and
whole life. Term Life is designed to provide coverage
for a specified time - 10, 20, 30yr. Whole life,
sometimes called permanent life insurance, encompasses
several subcategories, including traditional whole life,
universal life, variable life and variable universal
life.
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HEALTH INSURANCE
There are essentially two kinds of heath insurance:
Fee-for-Service and Managed Care. Although these plans
differ, they both cover an array of medical, surgical
and hospital expenses. Most cover prescription drugs and
some also offer dental coverage.
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