Protecting Your Wealth and Yourself

Insurance• An agreement/contract • Payments to a company or government• Promised payments for a covered loss. • Back whole as before the loss• Regulated by each state

Property Insurance• Protects covered property from covered

losses due to covered perils

• Auto Insuranceo ACV vs. RCo First party coverage vs. third partyo Deductible

• Florida Law- PIP & PD

Property Insurance• Homeowners Insurance

o ACV vs. RCo Dwelling, contents and liabilityo Deductible

• Flood Insurance• Landlord• Condo• Renters

Property Insurance• Warranty- home or auto

Health Insurance• Medical Insurance

• Individual-HMO, PPO, HDHP, HSA• Group or employer-provided• Hospital, doctor, prescription• Dental and Vision

Flexible Spending Accounts (FSA)

Medicaid/MedicareChildren- Florida KidCare

www.floridakidcare.org

Disability Insurance• Disability Insurance

• Living expenses

Life Insurance• Life Insurance

• Term, Universal Life, Whole-Life

• Long-Term Care Insurance

Long-Term Care• LTC pays for living expenses

Tips• Group/employer• Customize• Shop around• Deductible• Discounts• Review often

•Read the fine print !!!!!