"Has been a lifesaver so many times!"
- Catherine Rampell, student @ University of Washington
"Exactly the help I needed."
- Jennifer Hawes, student @ San Jose State
"The best place for brainstorming ideas."
- Michael Majchrowicz, student @ University of Kentucky
Type of Insurance Functions Example of Company Coverage Characteristics
Auto Automobile insurance protects the driver and their vehicle from financial repercussions when involved with an accident. State Farm Insurance Company, Nationwide, Progressive Pays the majority of expenses caused by bodily injury, property damage, collision, medical bills, and work.
Home Provides you with protection against the financial loss that comes with the damage or destruction of your home and personal belongings. Allstate Insurance Company Covers expenses caused by fire, explosion, glass breakage.
Health The main function of health insurance is to protect against unexpected costs due to illness, accidents, or injury. It also prevents co-pays or up-front costs AARP, Medicare, Medicaid, Blue Cross Routine care, Emergency care, pharmacy, deductibles
Disability Protects against loss of income due to disability Colonial life, Liberty Mutual, AIG Provides a source of replacement income
Life Provides payment in the event of a death Global Life Provides money for the surviving family of the deceased.
View Full Essay
Types of insurance, Federal assistance in the United States, Healthcare reform in the United States, Presidency of Lyndon B. Johnson, Vehicle insurance, Insurance, Health insurance, Deductible, AARP, Medicaid, Medicare, Health insurance in the United States, allstate insurance company, state farm insurance, state farm insurance company, financial repercussions, medicare medicaid, coverage characteristics, personal belongings, fire explosion, auto automobile, automobile insurance, care pharmacy, glass breakage, global life, routine care, company coverage, unexpected costs, colonial life, surviving family, bodily injury, emergency care
More Free Essays Like This