Insurance and Jessie Robinson

Questions 1. Think of a literal or do up but rea argumentic example of a pure take chances that you or someone you know may face, and so answer the questions below. a. unwrap the specific lay on the line. (1-3 sentences. 0. 5 points) b. What sort of negative knocked out(p)comes argon practical for this face of risk? (1-3 sentences. 1. 0 points) c. Would this risk be likely to build unexpected expenses? Why or why not? (1-3 sentences. 1. 0 points) d. disclose at least one way you could protect yourself against this risk. (1-3 sentences. 1. 0 points) 2.Think of a real or made up but realistic example of a ideational risk that you or someone you know may face, and thus answer the questions below. a. Describe the specific risk. (1-3 sentences. 0. 5 points) b. What sort of negative outcomes are possible for this fictitious character of risk? (1-3 sentences. 0. 5 points) c. What sorts of positive outcomes are possible for this type of risk? (1-3 sentences. 0. 5 points) d. Wo uld this risk be likely to create unexpected expenses? Why or why not? (1-3 sentences. 1. 0 points) e. Describe at least one way you could protect yourself against this risk. 1-3 sentences. 1. 0 points) 3. theorise that you are a parent with young children. You want to get liveliness story amends to protect your children financially until they are old enough to get out their own incomes. Would term life damages or permanent life insurance be a better choice in this mail? Why? (2-4 sentences. 1. 0 points) 4. Describe two types of insurance that you have or are likely to have at some point in your life. What risks are these insurance plans protecting you against? Why do you think these types of insurance are important? 4-8 sentences. 3. 0 points) 5. List four valuable items that great power be kept in an apartment or house. Next to for distributively one item, write the estimated dollar amount that each item cleverness be worth. (Complete sentences are not necessary. 1. 0 p oints) 6. In your Section_6 folder, navigate to and open the Example_Insurance_Application, and indeed complete the steps below to ease a copy of the cross-file with your initials in your Section_6 folder. a. Click the File menu, and then Click Save a write. b. If a Save a Copy dialog box appears, sink in Save a Copy. c.Make incontestablely the Save in drop- slash list is wad to your Section_6 folder. If not, snarl the drop-down list, then click Local Disk (C), then double-click your blood folder, and then double-click the Section_6 folder. d. In the establish field, type Example_Insurance_Application followed by your initials. e. Click Save. 7. come through the instructions below to take up out the Example_Insurance_Application for Jessie Robinson. This is an application for renters insurance. (4. 0 points for complemental the throw correctly according to the instructions below) a. action out the Applicant information section of the form using the name Jessie Robinso n, the date of birth 7/15/88, the SSN 888-88-8888, and the email address emailprotected com. Jessie Robinson is not retired. b. Jessie Robinson is renting an apartment on785 Maple AvenueinSeattle,WA. The zip code of the address is 00448. c. Imagine what Jessie Robinsons answers to the yes and no questions under Coverage Information expertness be. TIP There are no make up or wrong answers, but make sure to answer each question. d. Choose a date for Jessie Robinsons coverage to induce and the number of years Jessie has had insurance coverage.TIP There are no right or wrong answers, but be sure to answer each question. e. List Jessie Robinsons reason for applying for new insurance as Moving to a new address. f. List the estimated cost of the four household items you determined in question 5 above as the answer to How much ad hominem property coverage do you need? g. Imagine whether Jessie Robinson has wights, and then list what kind. TIP Consider your answer to thequestion Do you have an animal that is vicious or attack trained, or that has previously bitten or hurt anyone? before you answer this question. h. Click the File menu, and then click Save. . In your Section_6 folder, navigate to and open the Example_Insurance_Claim, and then complete the steps below to save a copy of the file with your initials in your Section_6 folder. a. Click the File menu, and then Click Save a Copy. b. If a Save a Copy dialog box appears, click Save a Copy. c. Make sure the Save in drop-down list is set to your Section_6 folder. If not, click the drop-down list, then click Local Disk (C), then double-click your course folder, and then double-click the Section_6 folder. d. In the Name field, type Example_Insurance_Claim followed by your initials. . Click Save. 9. Follow the instructions below to fill out the Example_Insurance_Claim for Jessie Robinson. This is a renters insurance claim form. (4. 0 points for completing the form correctly according to the instructions below) a. Use the information from the Insurance_Application form you modify out in question 7 above to fill out the Insurance Policyholder Information section of the Insurance_Claim form. TIP Jessie Robinsons phone number is 206-999-0000. b. Fill out the rest of the form with a realistic freeing Jessie might have suffered, such as a fire, flood, or robbery.Imagine how severe the disablement was and what, if any, evidence Jessie has of the loss. Describe what happened and list at least two damages or injuries the loss incurd. Estimate the total cost of the loss. 10. Describe at least two ways you or someone you know might be at risk for identity theft. (1-2 sentences. 2. 0 points) 11. Describe at least three things you can do to protect yourself from identity theft. (1-3 sentences. 2. 0 points) 12. Describe at least three steps you should take after finding out that your credit card was stolen. (1-3 sentences. 2. points) Answers 1. A. ) The example of pure risk would be when your hou se burns down. B. ) A few of the negative outcomes for this type of risk is because there is only a chance of either loss or no loss, but no chance of gain. C. ) This risk would cause unexpected expenses because you do not predict if your house were to burn down so it would cause you to have to purchase a new one. D. ) wizard way to protect yourself from this risk is to have a home insurance plan that include insurance for when you house burns down. 2. ) the example of speculative risk is