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
Category: Insurance
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
