Title: Insurance for Hidden Financial Obstacles. Earlier this year a former high school classmate, a couple of years behind me, and his son were killed in a motor vehicle accident. The emotional impact on those families involved must have been devastating. My thoughts went to a woman that lost her spouse and her son, children […]
Insurance for Hidden Financial Obstacles.
WRITTEN BY: Ken Stewart, Family and Consumer Sciences Educator, Ohio State Univesity Extension, Monroe County
REVIEWED BY: Courtney Warman, State Specialist, Healthy Finances
PHOTO CREDITS:
- Stock Photo
SOURCES:
- Andrew Hurst, January 2021, Value Penguin Most Americans Can Be Fully Insured for 20% of Income
- Consumer Glossary (naic.org)
- 8 Types of Insurance You Can't Go Without - Ramsey (ramseysolutions.com)
- What is Insurance? | Principles of Insurance | Types & Benefits (byjus.com)
REFERENCES:
- https://byjus.com/govt-exams/principles-of-insurance/#:~:text=To%20ensure%20the%20proper%20functioning%20of%20an%20insurance,Indemnity%205%20Subrogation%206%20Contribution%207%20Loss%20Minimization