Insurance
Discuss factors to consider when buying insurance.
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Lessons & Activities
31-45 min
Is Insurance Worth Buying? (Lesson 10B)
OVERVIEW
In this lesson, students learn about insurance options and possible risks. They play a game where they first choose levels of insurance coverage and then face random events.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Property Insurance
Learn how insurance is used to transfer or reduce risk.
READING Q&A
16-30 MIN
Do You Want an Extended Warranty with That?
Introduce buying an extended warranty.
LESSONS & ACTIVITIES
46-60 MIN
Insurance
This lesson covers basic insurance terms, common types of personal insurance, and factors to consider when buying insurance.
LESSONS & ACTIVITIES
31-45 MIN
Risk and Return Grab Bag
Define various savings and investment options.
LESSONS & ACTIVITIES
31-45 MIN
Life is Risky Business
Recognize the purpose of insurance.
More in This Series
CURRICULUM UNITS
1 HOUR+
Making Personal Finance Decisions Curriculum
Teach valuable personal finance lessons grounded in economic theory.
LESSONS & ACTIVITIES
31-45 MIN
The Wealth Game—Factors for Success (Lesson 1A)
After playing a game simulating wealth creation, students reflect on determinants of wealth: natural abilities, effort, motivation, and luck.
LESSONS & ACTIVITIES
31-45 MIN
Making Choices and Identifying Costs (Lesson 1B)
Introduce the PACED decisionmaking model.
LESSONS & ACTIVITIES
31-45 MIN
The Inventory Game—Net Worth and Cash Flow (Lesson 2A)
Learn about net worth, cash flow, and the relationship between them.
LESSONS & ACTIVITIES
31-45 MIN
Meeting Financial Goals—Rate of Return (Lesson 2B)
Show the two ways that investments can earn a return.
LESSONS & ACTIVITIES
31-45 MIN
Investing in Yourself (Lesson 3A)
Demonstrate the importance of human capital.
LESSONS & ACTIVITIES
31-45 MIN
Entrepreneurship—Working for Yourself (Lesson 3B)
Learn about common traits of entrepreneurs.
LESSONS & ACTIVITIES
31-45 MIN
What Are Taxes For? (Lesson 4A)
Explain why the government provides some goods and services.
LESSONS & ACTIVITIES
31-45 MIN
Understanding Taxes (Lesson 4B)
Learn about factors that make various taxes different.
LESSONS & ACTIVITIES
31-45 MIN
Making a Budget—It Is All Spending! (Lesson 5A)
Discover that all elements of a budget are essentially spending on goods and services.
