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Insurance is like marriage. You pay, pay, pay, and you never get anything back.

Insurance is like marriage. You pay, pay, pay, and you never get anything back. Insurance is like marriage. You pay, pay, pay, and you never get anything back. Al Bundy. The chief beneficiary of life insurance policies for young, single people is the life insurance agent. Wes Smith

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Insurance is like marriage. You pay, pay, pay, and you never get anything back.

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  1. Insurance is like marriage. You pay, pay, pay, and you never get anything back.

  2. Insurance is like marriage. You pay, pay, pay, and you never get anything back. • Al Bundy

  3. The chief beneficiary of life insurance policies for young, single people is the life insurance agent.Wes Smith • Fun is like life insurance; the older you get, the more it costs.Kin Hubbard(American Humorist and Writer,1868-1930)

  4. How Insurance Works What is insurance? Why do people and businesses purchase insurance cover? What does a person or a business have to do if they want to purchase insurance? Do you know how the insurance business works? RB, p 65 II Read the text and find the answers. III Find the words which match... IV Match the verbs with the appropriate nouns... V Read the gapped text and suggest ... http://www.youtube.com/watch?v=ID9aevs-els

  5. Check: V Read the gapped thext... 1) premium 2) cover 3) risk4) spreading 5) claims 6) reinsurance 7) purchase8) reduce

  6. WHAT DO THEY DO? UNDERWRITER BROKER INSURER POLICY HOLDER / INSURED LOSS ADJUSTER

  7. WHO IS IT? UNDERWRITER, BROKER, INSURER, POLICY HOLDER/ INSURED, LOSS ADJUSTER The party to an insurance arrangement who undertakes to indemnify for losses.

  8. WHO IS IT? UNDERWRITER, BROKER, INSURER, POLICY HOLDER/ INSURED, LOSS ADJUSTER The party to an insurance arrangement who undertakes to indemnify for losses.

  9. WHO IS IT? UNDERWRITER, BROKER, INSURER, POLICY HOLDER/ INSURED, LOSS ADJUSTER A person or organization that has an insurance policy. S/he receives the specific types of coverage (life, health, etc.) stated in the policy, subject to the payment of premiums, usually on a monthly basis.

  10. WHO IS IT? UNDERWRITER, BROKER, INSURER, POLICY HOLDER/ INSURED, LOSS ADJUSTER A person or organization that has an insurance policy. S/he receives the specific types of coverage (life, health, etc.) stated in the policy, subject to the payment of premiums, usually on a monthly basis.

  11. WHO IS IT? UNDERWRITER, BROKER, INSURER, POLICY HOLDER/ INSURED, LOSS ADJUSTER The person charged with evaluating an insurance claim to determine the insurance company's liability under the terms of an owner's policy.

  12. WHO IS IT? UNDERWRITER, BROKER, INSURER, POLICY HOLDER/ INSURED, LOSS ADJUSTER The person charged with evaluating an insurance claim to determine the insurance company's liability under the terms of an owner's policy.

  13. WHO IS IT? UNDERWRITER, BROKER, INSURER, POLICY HOLDER/ INSURED, LOSS ADJUSTER The person who evaluates the risk and exposures of potential clients. S/he decides how much coverage the client should receive, how much they should pay for it, or whether even to accept the risk and insure them.

  14. WHO IS IT? UNDERWRITER, BROKER, INSURER, POLICY HOLDER/ INSURED, LOSS ADJUSTER The person who evaluates the risk and exposures of potential clients. S/he decides how much coverage the client should receive, how much they should pay for it, or whether even to accept the risk and insure them.

  15. WHO IS IT? UNDERWRITER, BROKER, INSURER, POLICY HOLDER/ INSURED, LOSS ADJUSTER The person who works with many insurance companies to find the very best available policies for his or her clients.

  16. WHO IS IT? UNDERWRITER, BROKER, INSURER, POLICY HOLDER/ INSURED, LOSS ADJUSTER The person who works with many insurance companies to find the very best available policies for his or her clients.

  17. VII Put the following steps in the chronological order: HOW TO TAKE OUT INSURANCE VIII Fill in the missing words. HW: RB, pp 67-68 IX Identify the different types of insurance cover X Go online and look up the remaining types of insurance (from task IX), choose some you are particularly interesed in, and make your own sentences.

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