Grade 9-12
,
Video

Insurance Video and Quiz

Time: 10 mins,
Updated: October 9 2024,
Author: Council for Economic Education
Teacher Version
Objective Standards Summary Description Resources
Print

Objective

Students will be able to:

  • Understand the concept of insurance.

Standards

State Standards

Concepts

Budgeting, Insurance, Risk and Return

In this personal finance video, students will learn about insurance and play a Kahoot! game.

Description

This video teaches the concept of Insurance. The purchase of insurance involves paying an amount called a premium at regular intervals, with the understanding that if negative events occur, the insurance company will pay certain costs. Play the Kahoot! game to test your skills! This multi-player quiz game reviews the concepts discussed in the video.

 

 

Resources

Related Resources

Grades 6-8, 9-12

Buying Electric Appliances - Watt You Need to Know

In this lesson, students learn about the importance of energy costs when considering household budgeting decisions. They also consider the...
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis, Opportunity Cost
60 mins
Lesson

Grades 9-12

Thinking in Webs: Hexagon Personal Finance Puzzle

In this personal finance lesson, students will use hexagonal thinking to define and make connections linking personal finance terms and...
Key Concepts: Insurance, Personal Finance Economics, Saving and Investing
45 mins
Activity

Content Partner

Grades 3-5, 6-8

PBS-NOVA Financial Lab

Managing money is hard! Even when you know what you should do, it can be hard to actually do it....
Key Concepts: Budgeting, Opportunity Cost, Saving
45 min
Activity