ProjectIII Essay Example | Topics and Well Written Essays - 1000 words

ProjectIII - Essay Examplewhen you do have the cash?At the current state of funds availability and family members (husband and children), ones individual health insurance policy is the only one afforded at the moment. In this regard, one acknowledges that I and my family are not adequately assure for auto, homeowners and brio insurance given that the amount of current income could not possible support and sustain buy all these at the same time. In this regard, after having accomplished the risk management plan, one was make increasingly aware of the sources of risks, the potential losses that one is exposed to, and how one could handle and address the risks through purchase of additional insurance that caters to different risks.As one has already earmarked some portions of combined income for the purport insurances of the children, with the surplus of $750 per month, one could try to fit in other insurance coverage as deemed necessary. I could prioritize on purchasing addition al health insurance coverage that would include my husband and my children and therefore fits within the family coverage, which is less costly. I have to review the inclusions (pharmacy, dental) depending on the availability of funds.Secondly, I think registration car insurance needs to be planned next as the risks in driving and change of location are more eminent because we need to go out daily to our work settings and the children have to be taken to their schools. And third, I plan to buy a home insurance to increase protection from leaven and theft at home. Other insurances such as life insurance could be planned pull round when one has substantial savings to accommodate this.Using the website Living to 100, after answering the questions indicated in the ready reckoner to determine the life expectancy, the results revealed that my calculated life expectancy is 88 years which is well above the life expectancies of my parents (Living to 100, 2011). The questions delved in cr ucial aspects of ones lifestyle,