Other Types of Insurance

Question 1

Provides coverage to repair or replace your home AND your personal belongings

Answer 1

Homeowner’s insurance

Question 2

For those who do not own a home, this covers ONLY your belongings (not the building)

Answer 2

Renter’s Insurance

Question 3

Provides a death benefit to your beneficiaries in the event of your death AND builds up a cash value as an investment.

Answer 3

Whole Life Insurance

Question 4

Insurance designed to replace a portion of your income if you become incapable of working prior to retirement age.

Answer 4

Disability insurance

Question 5

Provides a death benefit to your beneficiaries. Designed to be inexpensive and only lasts for a certain number of years.

Answer 5

TERM Life Insurance