Succeeding in the World of Work

Section 2: Property, Health, and Life Insurance

After You Read Section Review Answers

Review Key Concepts

1. Home insurance protects a homeowner from financial hardship if their property is damaged or destroyed.
2. Answers should show an understanding of the different types of insurance explained in this section.
3. Group plans spread the risk over a large number of people, keeping costs down; individual plans are for a single person and are more expensive.

4. Student essays may include the following; buying a new car; moving into a new apartment; buying a house; getting married; having children; taking a job involving physical labor.
5. In their essays, students should base their considerations on the types of automobile coverage discussed in this section.