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Risk is the uncertainty about a situation’s outcome

Insurance is an arrangement between an individual consumer and an insurer  , and insurance company

policy is a contract between the individual and the insurer specifying the terms of the insurance arrangements

Liability Insurance covers the insured if injuries or damages are caused to other people or their property

Medical Payment Insurance covers injuries sustained by the driver of the insured vehicle or any passenger regardless of fault

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Help limits financial loss.

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Employee Benefits are products or services that add extra value for employees beyond wages

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Health Insurance provides protection against financial losses resulting from injury, illness, or disability.

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Risk is the uncertainty about

a situation’s outcome- may be

an unpredictable event which
leads to loss or damag

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Life insurance is a contract between an insurer
and policyholder specifying a sum to be paid
to a beneficiary upon the insured’s death

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1. Risk is the uncertainty about a situation outcome.
2. Insurance is an arrangement between an individual and an insurer to protect the individual against risk.
3. A policy is a contract between the individual and the insurer specifying the terms of  the insurance arrangement

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1) A daughter, who is financially responsible for her
mother’s nursing home bills die from an
undetected heart defect
2) After losing her husband to a heart attack, a wife
is left alone to care for 2 children.

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Helps limit financial losses when an accident occurs

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insurance is an arrangement

between an individual

(consumer) and an insurer

(insurance company) to protect

the individual against risk.

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One important fact I learned what that A policyholder is a
a consumer who purchases the policy

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Disability insurance pays 60-70% of one's full-time wage.

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I learned that risk is an uncertain event that leads to a loss and that insurance is used to prevent risk from happening.

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Liability Insurance cover insured if injuries or damages are caused to other people of thier property

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1)
2)
3)
4)

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1: Liability Insurance- Covers the insurer if injuries or damage are caused to other people.
2: Medical Payment Insurance- Covers injuries sustained by the driver of the insured vehicle or any passenger regardless of fault.
3: Physical Damage Insurance- Covers damages caused to the vehicle.
4: Health Insurance- Provides protection against financial losses resulting form injury, illness and disability.
5: Life Insurance- A contract between and insurer and policyholder specifying a sum to be paid to a beneficiary upon the insured's death.

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1) I learned that insurance is important...
2) I also learned that health care is extremely expensive and that I will probably not be able to afford it so I think I'm gonna always have insurance.
3) If you get an injury or are unable to work at your job you get a portion of your income.
4) I lastly learned the definition of insurance which for some reason is at the bottom of the slide, insurance means an individual will insure you in case of injury or risks.

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1) Risk - the uncertainty about a situation's outcome may be an unpredictable event which leads to loss or damage
2) Policy - a contract between the individual and insurer specifying the terms of the insurance arrangement

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1.Risk is a chance of loss from an event that can't be entirely controlled.
2.Policyholder is a person who owns the policy
3.Policy-a contract that specifies what risks are covered and how much will be paid for losses
4.Premium- Money paid to purchase the policy
5.Coverage- The risks covered and amount of money paid for losses under an insurance policy

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1. A policy is a contract that specifies what risks are covered and how much will be paid for losses.
2.  Risk is a chance of loss from an event that cannot be entirely enrolled.
3.  Insurance provides financial security and peace of mind
4. A deductible is the amount of money paid out of pocket by the policyholder before the insurance coverage begins.
5. Liability Insurance covers the insured if injuries or damages are caused to other people or their property

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1 Risk-the uncertainty about a situation’s outcome
2 Insurance - an arrangement between an individual and an insurer
3 Having insurance in important because it helps limit financial losses
4 Insurance policy - a contract between the individual and the insurer specifying terms in the agreement

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1.) Risk is the uncertainty about a situation’s outcome- may be an unpredictable event which leads to loss or damage
2.)Insurance is an arrangement between an individual (consumer) and an insurer (insurance company) to protect the individual against risk
3.) insurance is important bc it Helps limit financial losses when an accident occur
4.)A policy is a contract between the individual and the insurer specifying the terms of  the insurance arrangement.
5.)Liability Insurance covers the insured if  injuries or damages are caused to other people or their property

# data[].attributes.body
1. Risk is the uncertainty about a situation’s outcome
2. Insurance is an arrangement between an individual
3. A premium is a fee paid to the insurer to be covered under specified terms
4. A policyholder is a consumer who purchases the policy
5. A policy is a contract between the individual and the insurer
6. A deductible is an amount paid out of  pocket by the policyholder for the initial
portion
7. Medical Payment Insurance covers injuries sustained by the driver of  the insured vehicle

# data[].attributes.body
1.Insurance is an arrangement between an individual (consumer) and an insurer (insurance company) to protect the individual against risk
2.Risk is the uncertainty about a situation’s outcome- may be an unpredictable event which leads to loss or damage
3.A policy is a contract between the individual and the insurer specifying the terms of  the insurance arrangements
4. A policyholder is a consumer who purchases the policy
5.A premium is a fee paid to the insurer to be covered under specified terms outlined in the policy

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1. Risk is the uncertainty about a situation's outcome.
2. A beneficiary is the recipient of any policy proceeds if the insured person dies.
3. A dependent is a person who relies on someone else financially.
4. Insurance transfers risk from an individual to an insurance organization.
5. A premium is a fee paid to an insurer to be covered under the specified terms.

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1) Insurance helps limit financial losses when an accident occurs
2) Liability Insurance covers the insured if injuries or damage is caused to other people or their property
3) Physical Damage Insurance covers the damage caused to the vehicle
4) Life Insurance is a contract between an insurer and policy holder specifying a sum to be paid to a beneficiary upon the insured's death
5) A dependent  is a person who relies on someone else financially

# data[].attributes.body
1.Risk is the uncertainty about a situations outcome
2. Insurance is an arrangement between an individual
3. a policy is a contract between the individual and the insurer
4. a policyholder is a consumer who purchases the policy
5. a premium is a fee paid to the insurer