Consider the possibility of income insurance with income, Finance Basics

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Consider the possibility of income insurance with income

1. List the three key features of the financial system and provide a brief explanation for each.

2. Consider the possibility of income insurance. With income insurance, if a person loses his job or doesn't get as big a raise as anticipated, he would be compensated under his insurance coverage. Why don't insurance companies offer income insurance of this type?

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Finance Basics: Consider the possibility of income insurance with income

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Finance Basics: Consider the possibility of income insurance with income

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