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Quatloos! Guide to Insurance

Insurance is a huge business in the United States. As in the case of liability auto insurance, some insurance is mandated by law and in most states you have to show proof of insurance to obtain a license. Homeowner’s insurance is required from the lending institution as a condition of obtaining a home mortgage. Medical insurance is necessary to reduce the financial impact of uncontrollable events. Life insurance provides financial security to love ones in the event of death. Annuities are basic to retirement planning. Business insurance protects against business interruptions and asset losses. The list goes on and on.