1. GROUP 8: MIKE, BRIAN,JIMMY, BRIAN

2. INSURANCE Life Insurance Property and Casualty Insurance Credit Insurance

3. 1,000 life insurance companies in the U.S, they are split into stock companies and mutuals Most are stock companies, but some of the largest ones are mutuals The life insurance market never fails, so it is regulated only by the state in which it operates, death rates are highly predictable Two kinds of life insurance policies: Permanent life insurance and temporary insurance Life insurance companies have also started to deal with pension funds and annuities

4. Open Perils Named Perils Most common incidents Famous Recent Cases

5. Third Party on Liability Disability on Accident and Health Material Damage

6. is a way for consumers to insure repayment of loans even if the borrower dies, becomes disabled, or loses a job. There are 2 types of credit insurance: Business credit insurance Consumer credit insurance

7. INSURANCE MANAGEMENT Screening, Premiums, Provisions, Fraud Prevention, Deductibles, etc.

8. is a general term used to describe an insurance broker or services firm The insurance industry has grown a lot in the past 10 years, offering many different insurances and products. The services offered by an insurance management company are designed to streamline this product offering and simplify matters for clients.

9. PENSION FUNDS Defined-Contribution Plan Defined-Benefit Plan Fully Funded Underfunded Private Pension Plans Public Pension Plans

10. Background Information ERISA Pension Benefit Guarantee Corporation (PBGC also called Penny Benny) Problems with Penny Benny FYI

11. Background Information Social Security Problems FICA FYI

12. State Farm Commercial