Accident insurance, liability insurance, and disability insurance

Life insurance, health insurance, and property insurance

Flood insurance, earthquake insurance, and fire insurance

Car insurance, travel insurance, and pet insurance

Life insurance only covers the insured's medical expenses, while health insurance provides a lump sum payment to beneficiaries upon the insured's death.

Life insurance is only for young people, while health insurance is for older individuals.

Life insurance provides a lump sum payment to beneficiaries upon the insured's death, while health insurance covers medical expenses and treatments for illnesses and injuries.

Life insurance covers medical expenses and treatments for illnesses and injuries, while health insurance provides a lump sum payment to beneficiaries upon the insured's death.

Property insurance covers damage to clothing and accessories.

Property insurance covers damage to cars and vehicles.

Property insurance covers damage to buildings, structures, and personal belongings.

Property insurance covers damage to electronic devices and appliances.

Liability insurance is only important for large businesses

Liability insurance is not necessary if you have a good lawyer

Liability insurance is for protecting against car theft

Liability insurance provides financial protection for a business or individual in case they are held liable for damages or injuries to another person or property. It is important because it helps protect against costly legal claims and judgments.

Based on the weather forecast

By flipping a coin

Determined by the number of pets owned

Based on factors such as age, gender, health condition, occupation, and coverage needed

Favorite color, favorite food, favorite movie

Number of pets, favorite sports team, shoe size

Hair color, eye color, height

Age, gender, location, driving record, type of vehicle, and coverage limits

To reduce the risk for the insurance company

To increase the cost of the insurance policy

To encourage frequent claims

To share the risk between the policyholder and the insurance company, and to prevent small or frequent claims.

A cost-sharing arrangement between the insurance company and the policyholder

A type of life insurance policy

A discount offered to policyholders

A form of liability insurance

Ignore the incident and hope it goes away on its own

Contact your insurance company and follow their specific claim filing procedures.

Ask a friend to file the claim for you

Post about it on social media and wait for the insurance company to contact you

To ensure the claim is processed correctly and the policyholder receives the appropriate coverage and benefits.

To delay the claim process and inconvenience the insurance company

To receive less coverage and benefits

To increase the likelihood of a denied claim