The deadlines to apply for our teacher awards are closing in! New York metropolitan area high school teachers can apply here for the Alfred P. Sloan Foundation Teaching Champion Awards until 6/30, and K-12 teachers nationwide have until 6/28 to apply here for the John Morton Excellence in the Teaching of Economics Awards!

Grade 9-12

Video

Insurance Video and Quiz

Time: 10 mins,

Updated: June 6 2019,

Author: , Council for Economic Education

Teacher Version

Student Version

Objective Standards Summary Description Resources

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.

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.