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Financial Protection
How Insurance Protects Against Financial Loss
Question | Answer |
---|---|
What are the three types of risk people and businesses can have? | Personal Risk, Property Risk, Liability Risk |
What are the two ways people and businesses can protect themselves from risk? | Manage/Avoid Risk or Transfer Risk |
What are the four branches of insurance? | Health, Life, Property, Casualty |
Is Humana considered a Property & Casualty Insurance Company or Health & Life Insurance Company? | Health & Life Insurance Company |
Is Acuity considered a Property & Casualty Insurance Company or Health & Life Insurance Company? | Property & Casualty Insurance Company |