Project 4 (3 points): Life Insurance

Go to: https://www.forbes.com/sites/timmaurer/2016/01/05/10-things-you-absolutely-need-to-know-about-life-insurance/#3ea3c3fe560c

Answer the following questions based on the article:

1.Why would you need life insurance?

2.What is the claim called for life insurance?

3.Who are the four primary players in a life insurance policy (describe each)?

4.Briefly describe the two broad varieties of life insurance.

5.By what amount (according to the article) should you multiply the wage earner's income to determine how much life insurance to obtain?

6.What is the process through which the insurance company classifies how much of a risk you are called?

Project 5 (5 points):Lowering Premiums

Do some research to find ways to lower your insurance costs.Find and describe at least 3 suggestions each for lowering premiums on

1.Homeowner's Insurance

2.Auto Insurance

3.Life Insurance

4.Health Insurance

Please provide your references. The URL is sufficient.