Appendix E
Insurance Matrix
Type of Insurance | Functions | Example of Company | Coverage Characteristics | Auto | This type of insurance coverage is designed to help financially cover potential auto-related damages, loss or injuries | State Farm Insurance Company | This insurance helps protect you, your passengers, fellow drivers, pedestrians, other people's property and your vehicle. It can also help protect you in the event of an automobile-related lawsuit. | Home | This is property insurance that covers private homes. | Liberty Mutual Insurance | This insurance protects your home and other structures on your property like: a garage or tool shed Smoke, fire or lightning Windstorm, hail or weight of ice, snow or sleet Theft or vandalism, falling objects Freezing of a plumbing, heating, air conditioning or automatic fire-sprinkler system. | Health | This type of insurance covers health expenses incurred by the insured person, or persons. | Blue Cross Health Insurance | This insurance is the protection of medical costs in case of an illness or a medical emergency that pays for the appropriate medical treatment required. | Disability | Disability is defined as any mental or physical illness or injury which prevents you from performing your regular or customary work. | Claim for disability insurance benefits | This is a private plan that employers and employee groups may apply to EDD for approval of a voluntary plan. This is income replacement insurance, due to sickness or injury you are unable to perform the material and substantial duties of your occupation. | Life | Life insurance is a policy that people buy from a life insurance company, which can be the basis of protection and financial stability after one's death. | Metlife Life Insurance | In the event of your death, life insurance provides money directly to your beneficiaries. They can use the money for whatever they want, such as: * Make up for your lost income * Fund your child's education * Paying off household debt * Paying for your funeral and other related expenses | 