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6 Cards in this Set

  • Front
  • Back

The goals of insurance include minimizing personal, __________, and liability risks

Property

What are some strategies that help reduce the financial impact of death

-social security survivor benefits


-estate planning


- life insurance

What are some property damage coverages

-collision


-property damage liability


-comprehensive physical damage

The total value of home contents can be calculated based on a % of the total value of your coverage or on _________ basis

Itemized

What are general risk management techniques

Assumption


Reduction


Avoidance

The main factors that influence premiums for automobile insurance are:

Vehicle type, rating territory, and driver classification