•Life Insurance, Health Insurance, and Auto, Home,
Disability, and Liability Insurance
üWhat is the purpose of insurance?
•The purpose of insurance is to
transfer the risk of certain types of losses or events from yourself to another
institution.
•By transferring risk, it can help you
and those you love achieve your specific goals if you die, get sick or become
unable to work
•Specific goals may include:
•To take care of your spouse and
children
•To raise children without working
outside the home
•To be able to go to college and on missions
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