MANAGEMENT

BUISENESS MANAGEMENT

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Lucy has no insurance. The situation(s) should she consider insuring against first are:
A
Death so her financial obligations are paid
B
Losses resulting from an illness, accident, or disability
C
Property losses and auto accidents
D
Auto collision, and burglary
Explanation: 

Detailed explanation-1: -If your health insurer refuses to pay a claim or ends your coverage, you have the right to appeal the decision and have it reviewed by a third party. You can ask that your insurance company reconsider its decision.

Detailed explanation-2: -Disability insurance, as the name implies, is a sort of insurance that pays out if a policyholder is unable to work and earn an income due to a disability. In case of an accident or disease, such a policy can protect you financially if you become disabled as a result of it.

Detailed explanation-3: -A: Accelerated benefits, also known as “living benefits, ” are life insurance policy proceeds paid to the policyholder before he or she dies. The benefits may be provided in the policies themselves, but more often they are added by riders or attachments to new or existing policies.

Detailed explanation-4: -Common types of life insurance include: Term life insurance. Whole life insurance. Universal life insurance.

There is 1 question to complete.