Appendix_F - Axia College Material Appendix F Insurance...

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Axia College Material Appendix F Insurance Matrix Type of Insurance Functions Example of Company Coverage Characteristics Auto To protect yourself financially if you were to be in a car accident. Progressive Insurance $20,000 per person in accident $40,000 total for all people in accident $10,000 for all property damage Home Protects the homeowner against property and liability risks of damages. State Farm Insurance Covers the risk if your house were to be damaged by fire, rain, wind, or any other natural disaster. Covers against theft, and if you were to be held responsible for another person’s losses. Health Insurance against loss by illness or bodily injury. Anthem of Ohio
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Unformatted text preview: Provides coverage for medicine, visits to the doctor, emergency room visits, hospital stays and other medical expenses. Disability Replaces lost income during a period of disability. Social Security Disability If you are unable to work any type of job, for at least 5 months, and expecting to be disabled one year. You could be paid a certain amount monthly depending on how much you have paid into social security during the time you have worked. Life Insurance paid to named beneficiaries when the insured person dies Prudential Insurance Covers the expenses of a funeral and pays any leftover debt from the insured person. FP/101...
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  • Spring '10
  • NICOLERAMIG
  • Progressive Corporation, State Farm Insurance, Insurance Auto Functions

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