Types of Insurance
Grade 11•45 minutes•Personal finance
Learning Objective
I can explain the fundamental differences between various insurance policies and their relevance to personal finance.
Practice Questions
This lesson includes 7 practice questions to reinforce learning.
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1. Define insurance and explain its purpose in managing financial risk.
2. Describe the key differences between life insurance and health insurance.
3. Explain a scenario where travel insurance would be beneficial and what types of losses it could cover.
...and 4 more questions
Educational Video
What are the different types of Insurance?
NCFE - National Centre for Financial Education