Joy is looking at protecting herself by buying the appropriate insurance. Complete the sentence using the words
Question:
Joy is looking at protecting herself by buying the appropriate insurance. Complete the sentence using the words below (words can be used multiple times).
a)Joy's family relies on her income as she is the breadwinner in the family. Should she die, the loss of income will be protected by ____________________.
b)Joy had a car accident in which another person in her car was injured. The medical bills and liability will be protected by___________________________.
c) Joy car accident resulted in significant damage to her car. The car repairs will be covered by __________________________.
d) Joy car accident resulted in another person in the other driver's car to be injured. The medical bills and liability will be protected by __________________________.
e) Joy neighbour came by for a visit over the weekend and fell down the stairs in Joy home. The ambulance was called as her neighbour had significant injuries. The medical bills and liability will be covered by ___________________________.
Auto Insurance (Collision) | Mortgage Default Insurance | Convertible mortgage |
Health Insurance | Life Insurance | Disability Insurance |
Casualty Insurance | Long-Term Care insurance | Tenant Insurance |
Homeowner's Insurance (Liability) | Auto Insurance (Accident Benefits) | Auto Insurance (Liability) |
Mortgage Loan Insurance | Homeowner's Insurance (property damage) | Lawsuit |
Umbrella insurance | Emergency Fund | Personal Balance Sheet |
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill