Chapter 9 Review: The Role of Insurance

You get food poisoning and visit the hospital emergency room.

• Health Insurance

• Disability Insurance

• Long-Term Care Insurance

• Renters Insurance (Liability or Property)

• Homeowners Insurance (Liability or Property)

You are unable to work for three months and need help paying your expenses while you’re out of work.

• Health Insurance

• Disability Insurance

• Long-Term Care Insurance

• Renters Insurance (Liability or Property)

• Homeowners Insurance (Liability or Property)

You have a water leak in the home you own and need to replace the flooring and cabinets in the kitchen.

• Health Insurance

• Disability Insurance

• Long-Term Care Insurance

• Renters Insurance (Liability or Property)

• Homeowners Insurance (Liability or Property)

You are in an accident and although you do not need to be in the hospital, you require full-time care by medical professionals in your home.

• Health Insurance

• Disability Insurance

• Long-Term Care Insurance

• Renters Insurance (Liability or Property)

• Homeowners Insurance (Liability or Property)

You are having a baby and need medical care.

• Health Insurance

• Disability Insurance

• Long-Term Care Insurance

• Renters Insurance (Liability or Property)

• Homeowners Insurance (Liability or Property)

You are elderly and need assistance from medical professionals to continue living at home.

• Health Insurance

• Disability Insurance

• Long-Term Care Insurance

• Renters Insurance (Liability or Property)

• Homeowners Insurance (Liability or Property)

You are unable to work for one year and need income to pay for living expenses.

• Health Insurance

• Disability Insurance

• Long-Term Care Insurance

• Renters Insurance (Liability or Property)

• Homeowners Insurance (Liability or Property)

You lose control of your car and it rolls. Your car can’t be repaired, so you need to purchase a new car.

• Health Insurance

• Disability Insurance

• Life Insurance

• Automobile Insurance (Liability or Property)

• Homeowners Insurance (Liability or Property)

While driving your car you hit a tree. Your car must be fixed by a professional repair shop.

• Health Insurance

• Disability Insurance

• Life Insurance

• Automobile Insurance (Liability or Property)

• Homeowners Insurance (Liability or Property)

The house you own is destroyed by a tornado and you need to rebuild.

• Health Insurance

• Disability Insurance

• Life Insurance

• Automobile Insurance (Liability or Property)

• Homeowners Insurance (Liability or Property)