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A booklet on the different types of insurance.

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By: Robert Holshue

Life, Health, Auto, 

Home Owners, 

Disability, and Travel Insurance.

From Life to Death Insurance is Important...

 Life Insurance

Negative things that could happen without Life Insurance? Your family will be left behind to pick up the pieces. Putting your family in a bad financail situation.

The importance of life insurance is to protect your loved ones, pay off debts and expenses, finacial security, and peace of mind. Also to leave a inheritance.

Life Insurance- Insurance that pays out a sum of money either on death of the insured person or after a set period.

Two types of Life insurance.

Term insurance- For people that need insurance for a short period of time. It's inexpensive if you are younger.

Permanent Insurance- More expensive. So why buy it??? With permanent insurance you are investing into a reserve account and will also recive tax benefits

Heath Insurance 

Health Insurance- A type of insurance that covers medical expenses. 

Heath insurance is very important. It will help cover for expensive medical bills that you wouldnt be able to pay without it. If you dont have heath insurance you are putting yourself and loved ones at risk.

 It is a law that you must have auto insurance. You dont have to have full coverage but you stilll need it to cover a accident with other people.

 Auto Insurance- A policy purchased by vehicle owners to mitigate costs associated with getting into an  accident. Instead of paying out of pocket for accidents, people pay annual premiums to a company; the company then pays all or most of the costs associated with an accident or other vehicle damage.

Auto Insurance

 A form of property insurance designed to protect an individual's home against damages to the houseitself, or to possessions in the homeHomeowners insurance also provides liability coverage against accidents in the home or on the property.

Homeowners Insurance

A program managed by the Social Security Administration that insures a worker in case of a mishap. Disability insurance offers income protection to individuals who become disabled for a long period of time, and as a result can no longer work during that time period.

Disability Insurance

Travel insurance  is intended to cover medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or within one's own country.

Travelers Insurance

It is important to have travel insurance because, if something happens when you are away from home you need to be covered. It also helps keep your peace of mind.

All insurance is important. Even if you dont see the point in it now. It will save you money in the future. Anything can happen at anytime and that is why it is important to be covered at all times.

The End