Question: How can you determine the financial strength of an insurance
How can you determine the financial strength of an insurance company? Why is this important to you as a consumer?
Answer to relevant QuestionsYou teach Personal Finance at a local community college. The state in which you teach requires proof of liability insurance in order to renew your license plates. During the discussion of this topic in class, several ...Describe the two types of financial responsibility laws most states have. Are these laws always effective? What is a flexible spending account? Why do some individuals allocate a minimal amount to this account? Briefly describe some of the provisions of disability income insurance. Briefly describe two federal regulations intended to ensure that individuals can maintain continuous health care coverage if their employment status changes.
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