Upon completion of this course students should understand the following:
*How insurance companies are rated
*Auto insurance and its parts
*The difference between homeowners and renters insurance and what each does and does not cover
*Mandatory insurance laws and how to secure insurance if you are a "high risk" driver
*How to secure insurance for special items like expensive jewelry, collectibles, extensive audio/visual equipment
*The difference between term and permanent life insurance and the pros and cons of each
*Annuities what they are, how they work, and who the are for
*The different kinds of health insurance and what to look for
*What disability insurance is and is not and how to shop for it." />
Buying InsuranceLesson 6: Health InsuranceExercises Lesson 61. What does HMO mean? 2. What does PPO mean? 3. The monthly cost to you for the HMO plan is $100. The cost for the PPO plan is $145 per month. Which plan would you favor? Why? 4. You have a preexistng conditon but can still enroll in the Group Health Insurance plan at work. But the cost for you and your family is significant, over $350 per month. What questions might you need to ask? Would you choose to enroll? Why? Would you choose not to enroll and seek personal health insurance instead? Why? |