Day 133

Lesson Objectives

  • Understand the importance of long-term care insurance.
  • Understand the importance of disability insurance.

Assignment IU4.5

  1. Watch Video 4.2
  2. Record the missing words from page 197 of the textbook as they pop up on the left side of the video screen by filling in this form.  (page 197) .
  3. Discussion Questions:
    1. What is the purpose of long-term care insurance?
    2. When should you buy long-term care insurance?
  4. Watch Video 4.3
  5. Record the missing words from pages 198-199 of the textbook as they pop up on the left side of the video screen by filling in this form.  (pages 198-199) .
  6. Discussion Questions:
    1. What is the purpose of disability insurance?
    2. What are the two types of disability insurance you can buy?
    3. Why should you only get 65% of your income as your disability insurance coverage?
    4. What is an elimination period?  How can that affect your premium?
    5. What is the most affordable way to get disability insurance?

Assignment IU4.6

  1. Listen to this Ask Dave radio call.
  2. Make a copy of this Google Document (Espanol), rename it LFPP-(Your Initials), and move it into your Lesson 4 folder.  
  3. Using the information from the radio call, complete the questions within the document.