A lesson about what is a renters insurance. Students learn about Renters Insurance, including its key coverage types, cost estimation, policy types, and the significance of risk management to best protect assets and avoid potential financial issues when renting. This lesson covers the key components of such policies, illustrating how they serve as a financial … Continue reading What is Renters Insurance Lesson
Insurance Lessons
Welcome to our page on insurance! We believe that understanding different types of insurance and their benefits is a crucial aspect of financial literacy. Our resources are designed to provide a comprehensive understanding of insurance, including health insurance, car insurance, and homeowner’s insurance. Whether you’re a teacher, parent, or financial educator, our collection of lesson plans, worksheets, and activities will equip you with the tools you need to teach these critical skills and empower students to make informed decisions about their insurance needs. From understanding policy terms and conditions to evaluating different coverage options, our materials will help students become savvy insurance consumers.
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What is Car Insurance Lesson
In this lesson students will learn learn the basics of car insurance, including what it is, why you need it, and common car insurance terminology. We cover different types of car insurance coverage, factors affecting insurance premiums, and optional coverages. CONCEPTS Use this video lesson on the topic of understanding car insurance. Learn basic insurance … Continue reading What is Car Insurance Lesson
How to Prepare your Finances for an Emergency or Disaster
With all the uncertainty in the world, including pandemics, invasions, wars, and natural disasters, it reminds us we all need to plan so we are financially prepared. There are many situations in which you need to be financially prepared, including hurricanes, house fires, floods, pandemics, and more. Proper planning, including saving emergency money with a … Continue reading How to Prepare your Finances for an Emergency or Disaster
Using Insurance to Manage Risk
Students learn how insurance can be used to manage risk. Teaching Objectives: Examine how deductibles affect insurance premiums. Determine how out-of-pocket expenses impact the cost of using insurance. Identify ways to save money on insurance premiums. Demonstrate the ability to select appropriate amounts of insurance in selected situations. Standard 11: The student will describe and … Continue reading Using Insurance to Manage Risk
Different Types of Insurance
Students learn about different types of insurance. Teaching Objectives: Examine the different types of insurance available. Identify key terms associated with insurance and risks: natural disaster, liability, disability, deductibles, and risk management. Explain the purpose and importance of different types of insurance protection as a risk management strategy (e.g., life, health, property, liability, disability, and … Continue reading Different Types of Insurance
Insurance – Identifying and Managing Risk
Students learn about risk and insurance. Teaching Objectives: Identify possible risks. Explain strategies for handling risk. Recognize the role of risk. Explain how insurance transfers risk to a third party. Standard 11: The student will describe and explain how various types of insurance can be used to manage risk. Suggested Grade Level 7th – 12th … Continue reading Insurance – Identifying and Managing Risk
