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Life Insurance: Basic Policy Types
Overview
Life Insurance: Basic Policy Types continues from the lesson Life Insurance: The Basics. This lesson plan is designed to teach students life insurance policy types including term insurance and permanent insurance. Students will be able to determine advantages and disadvantages to each type of policy.
Objectives
The students will:
Define Term Insurance
Define Permanent Insurance
Discuss advantages and disadvantages to each type of policy
Time Required
30 Minutes
Materials:
To download the materials, right click and 'save target as' (PC) or hold down the option key and click the link (Mac).
Power Point Presentation
Whole Life Insurance vs. Term Insurance
Whole Life Insurance vs. Term Insurance - Key
Life Insurance Chart
Procedures:
Download/View the lesson procedures.
Assessment:
Whole Life Insurance vs. Term Insurance worksheet
Life Insurance Chart
Resources/Contributors:
Crews, Tana B. Fundamentals of Insurance. Dubuque: South-Western, 2003
C. Peters
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