I would like to start off with the Wright Air Conditioning company. First, Wright Air Conditioning …show more content…
As I has been informed that you and Mr. Wright are the heads of the family with two children that are still attending school. You both should consider purchasing life insurances. Because in worst case scenario, you both got in an accident and no longer around; it will be a substantial loss for your children’s emotionally and financially. Purchasing a whole life insurance will at least cover those financial losses your children will face after your loss. Whole life insurance provides life time protection in cash value. In addition, in case of Mr. Wright get injured and might not able to work anymore, you can purchase a disability policy. Because under whole life insurance, the cover only apply when Mr. Wright is dead. Being the head of the family, personal disability policy gives Mr. Wright such income protection, so that your children’s education would be protected …show more content…
Also, to retain risk, you can put high fence around the swimming pool. In case of neighbor kids are trying to get into the pool without your permission, and you would be responsible when they get hurt. Unfortunate, Mr. Wright’s fishing boat cannot be rely on your homeowner policy. Homeowner is limited on the amount coverage for your boat, and the loss must be occur at your house. Damage to the boat while you are fishing or launching the boat will not be covered. The option in this case would be boat insurance policy is self- retain. You can purchase a boat policy to protect your boat, or just take care of it yourself. However, keep in mind that a boat insurance policy also cover the people on the boat. About Marissa, since she is travelling with top of the line road bikes and cycling gear. You can consider purchase bike insurance, or list them along with the homeowner policy for extra