Last Updated: 12 January, 2009

No matter what type of insurance policy you need, vehicle, home, life, health, or even business, you will need a number of pieces of information, a majority of which are helpful across the scope of insurance. After all, no matter what is being insured, you are asking a company to accept a negotiated risk, for which you and the insurance company become solely responsible. They will want to know who you are, what you’ve done, where you work, how good your credit is, and whether you are are in good health. This information helps them to give you the best risk assessment possible, on the one hand, and gives them an idea of how risky you may be to cover, on the other.
Last Updated: 25 October, 2008

The United States does not have socialized medical care. If you have no health insurance coverage, you have to pay for health care out of your own finances at the time of service. This can run into many thousands of dollars for serious illnesses.