Insuring Your Financial Future
⬇ Download Teacher GuideThis lab includes several interactive activities to enhance student engagement and facilitate a deeper understanding of insurance concepts.
Students will participate in hands-on activities such as categorizing risks, calculating insurance premiums, and analyzing case studies. The lab is split into the following sections
- Basics of Insurance
- Auto Insurance
- Health & Life Insurance
- Renters and Homeowners Insurance
- Conclusion
The following are included in the lab:
- Interactive worksheets to categorize unexpected events
- Introduction to insurance and its need.
- Interactive worksheet that demonstrates two situations - with and without insurance
- How insurance companies are profitable and the concept of insurance pooling using interactive worksheets.
- Understanding coverage
- Auto insurance
- Introduction and basic coverage details such as collision, comprehensive etc.
- Interactive worksheet to compare and choose an insurance coverage
- Factors affecting the premium
- Worksheet activity to analyze the declaration page
- Renters Insurance
- Introduction, factors affecting the premium
- Sample renters insurance
- Homeowners Insurance
- Introduction
- Analyzing a sample policy
- Health Insurance
- Worksheet to analyze hospital expenses in USA
- Interactive worksheet to compare insurance plans
- Life Insurance
- Writing a letter to parents talking about the importance of various insurance
There are many other writing and analysis activities included in the lab.
Student Feedback
I will remember how much some hospital visits will cost you, like a heart attack for example. The health insurance worksheet helped me understand why health insurance is so important.
I will remember the interactive activities the most.
I liked how it let me work at my own pace
I will remember the inusrance that I was taught, and best ways to get insurance and what is worth it and what isn't.
It was fun thing to do to switch things up, I was used to just doing things like google worksheets but this was fun and different.
auto insurance because im gettin it soon
I will remember how to read important documents so that I understand what I Nam reading and how much I am being charged or have to pay.
I will make sure that I have insurance coverage to make sure that i am protected and my property is protected. i always learned how much having insurance can save you incase of an accident.
The benefits of the different kinds of insurance
I will remember what deductibles, preiums and the knowledge i need to know about insurance when i am older
health insurance
The interactive activities that were scattered throughout the assignment.
How worth it insurance is
I will remember that there are different ways that insurance can help you and possibly others in the long run and can keep you covered financially.
Auto insurance and life insurance
I think ill remember about health insurance the most
that they will pay if accidents happen
that you can use a lot of insurance for a lot of different reasons
I will remember the letter to my parents explaining the benefits of different types of insurance.
Benefits and Risks of having insurances
I will remember the importance of insurance and how different aspects of each can cover large amount of unexpected expenses you would have to pay if not for insurance.
Just it feels really long but ill remebr co pays and all the diffrent things insurance can cover and about how much itll cost due to the coverages
Breaking down the state farm insurance policy form
It was good to learn about the different insurances
The insurance policies
Mostly everything
