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Insurance

Last Updated: November 20, 2007 | Related resource areas: Personal Finance

There are different types of insurance:

  • Auto insurance is required by law if you own a car.
  • Health insurance covers you when you are sick.
  • Homeowner’s insurance covers your home and possessions whether you own or rent.
  • Disability insurance covers loss of income if you can’t work due to a disability or illness.
  • Life insurance covers lost income for your beneficiaries if you die.

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