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

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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

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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

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