The True Cost of Insurance Simulation

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Product Rating
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1.26 MB   |   7 pages

PRODUCT DESCRIPTION

Students inherit a scenario’s insurance costs, including their person’s premium and deductible. After assessing their person’s insurance premiums, students will learn how life circumstances (i.e. injury, automobile accidents, etc.) can affect their out-of-pocket costs, as well as other insurance charges. They will learn these lessons by playing a board game that allows students to encounter how insurance costs increase when people get sick, hurt, careless, etc. Students are to complete the “Student Handout: Monthly Expenses” after each time that they roll the die.

This activity is a simulation in my book, "You're Gonna Need a Bigger Wallet." The entire book's .pdf can be purchased at a discount from my TPT store at the following link: https://www.teacherspayteachers.com/Product/Book-About-Hands-On-Financial-Literacy-Simulations-for-Teens-Young-Adults-3047053

Instructors will receive the following:

1. Teacher instructions
2. Person's financial scenario and his insurance costs and premiums
3. Monthly expenses handout
4. Student reflection handout
5. Board game

This product is licensed for use in one classroom. For additional discounted licenses if the product will be used in more than one classroom, please click on "Buy Multiple Licenses." Thank you for your interest in my store!
Total Pages
7
Answer Key
N/A
Teaching Duration
1 hour

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The True Cost of Insurance Simulation
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