Week 7 - provide coverage of prescriptions. Tri-Care, HMSA...

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Axia College Material Appendix F Insurance Matrix Type of Insurance Functions Example of Company Coverage Characteristics Auto Provides protection in the event of an automobile accident or other incident involving a motor vehicle . Usaa, All State, State Farm The policy is designed to pay for damage to property as well as medical expenses of injured parties . Home Homeowner's, or property, insurance protects your house or other real estate from unexpected damage or malicious actions. American Family Insurance If your home is damaged, vandalized, or robbed, your homeown Most policies limit your potential expenses to relatively minor deductibles and participation costs called co- pays. Health Pays the bulk of your medical expenses when you need treatment. Many plans also
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Unformatted text preview: provide coverage of prescriptions. Tri-Care, HMSA Most policies limit your potential expenses to relatively minor deductibles and participation costs called co-pays. Disability Disability insurance pays you a monthly benefit if you get injured and are unable to perform the normal functions of your job. Workmens Comp paid sick leave, short-term disability benefits, and long-term disability benefits FP/101 Life Life insurance provides a lump sum of money to your chosen beneficiaries in the event of your death. SGLI, Gerber Some types of life insurance expire after a certain number of years, while other types last forever. Coverage amounts vary and can be based on your health at the time of obtaining the policy. FP/101...
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Week 7 - provide coverage of prescriptions. Tri-Care, HMSA...

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