POBF 5.02
I will Understand Risk Management and Insurance.
Zach Thomson
Workmans Compansation
Workmans compansation provides protection for employees who are injured on the job or become ill because of the job.
Health
Health insurance is insurance against loss due to health. Health insurance includes Hospital, Surgical, Regular Medical, Compensation, Dental, and Vision Care.
Hospital Insurance
Hospital insurance covers most or all of the changes during a stay ina hospital.
Surgical Insurance
Surgical insurance covers all or part of surgeon's fees for an operation.
Comprehensive Medical Policy
Comprehensive medical policy combines the features of hospital, surgical, regular, and major medical medical insurance.
Vision Care Insurance
Covers eye exams, prescription lenses, frames, and contact lenses.
Life Insurance
Life insurance covers survivors against financial loss associated with death. There are two types term and permanent.