https://padlet.com/clpedersen/insurance4 Double Click anywhere on this wall to start typing. en-us 2016-05-05 16:37:00 UTC 2025-10-31 12:53:40 UTC hello@padlet.com https://padlet-assets.storage.googleapis.com/portrait/crane_yellow.png https://padlet.com/clpedersen/insurance4/wish/109624090 insurance is to share risk with other policy holders and the insurance company]]> 2016-05-06 14:46:53 UTC https://padlet.com/clpedersen/insurance4/wish/109624090 https://padlet.com/clpedersen/insurance4/wish/109624228 Insurance works by paying a premium and deductible on a policy of choice to combat risk ]]> 2016-05-06 14:47:23 UTC https://padlet.com/clpedersen/insurance4/wish/109624228 https://padlet.com/clpedersen/insurance4/wish/109624276 You pay a premium(a monthly payment) and in return they share the risk with themselves. When a crash does happen they have you pay a deductible. all this is in the policy ]]> 2016-05-06 14:47:30 UTC https://padlet.com/clpedersen/insurance4/wish/109624276 https://padlet.com/clpedersen/insurance4/wish/109624360 A policy is the agreement between the policyholder and the insurance company. The premium is the monthly bill one pays to the insurance company to have the service of insurance. The deductible is the fee you pay if something bad happens. The higher the risk, the less expensive the policy is. The lower the risk, the more expensive policy. ]]> 2016-05-06 14:47:51 UTC https://padlet.com/clpedersen/insurance4/wish/109624360 https://padlet.com/clpedersen/insurance4/wish/109627555 it works as a protection depending on the policy depends on how much money you get back and the higher the risk the higher the price and in some cases its good to go with the lower premium

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