What I want you to write about is what types of property and liability insurance plan you currently have(Car,House). Suppose you are a student studying abroad and all the houses you live in were rented, but there is no loan for the vehicle. So,why you need property and liability insurance. What are the good things and what are the bad things about your policy? From what you have learned what changes you would recommend. As you age(21-50) your needs will change. Think of it from the risk management assignment. Identify homeowner, renter and automobile risks, their probability and potential financial severity, which methods will you use to manage these risks.
The use of external sources is prohibited. Please use the content of the documents I have given as well as the video links as citation requirements.
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