Questions from Personal Finance

Q: Why is it important to consider benefit duration when shopping for disability

Why is it important to consider benefit duration when shopping for disability income coverage?

Q: What is group health insurance? Differentiate between group and individual health

What is group health insurance? Differentiate between group and individual health insurance.

Q: Describe the features of traditional indemnity (fee-for-service

Describe the features of traditional indemnity (fee-for-service) plans and explain the differences between them and managed care plans.

Q: Briefly explain how an HMO works. Compare and contrast group HMOs

Briefly explain how an HMO works. Compare and contrast group HMOs, IPAs, and PPOs.

Q: Who is eligible for Medicare and Medicaid benefits? What do those

Who is eligible for Medicare and Medicaid benefits? What do those benefits encompass?

Q: What is the objective of workers’ compensation insurance? Explain its benefits

What is the objective of workers’ compensation insurance? Explain its benefits for employees who are injured on the job or become ill through work-related causes.

Q: Briefly explain the fundamental concepts related to property and liability insurance.

Briefly explain the fundamental concepts related to property and liability insurance.

Q: Jun Hsieh, a 38-year-old widowed mother of

Jun Hsieh, a 38-year-old widowed mother of three children (ages 12, 10, and 4), works as a product analyst for Panama Hats. Although she’s covered by a group life insurance policy at work, she feels,...

Q: Briefly explain the major types of coverage available under the personal auto

Briefly explain the major types of coverage available under the personal auto policy (PAP). Which persons are insured under (a) automobile medical payments coverage and (b) uninsured motorist’s covera...

Q: Explain the nature of (a) automobile collision insurance and (

Explain the nature of (a) automobile collision insurance and (b) automobile comprehensive insurance.