Curriculum Insurance & Risk Management
Insurance & Risk Management
How insurance actually works, the major types you'll encounter, and how to tell if you have the right coverage.
- What Insurance Actually Is The core idea behind every insurance product: pooling risk across many people so no single person bears a catastrophic loss alone. 📄 Read-aloud
- Health Insurance Basics The four numbers that actually determine what a health plan costs you: premium, deductible, copay, and out-of-pocket maximum. 📄 Read-aloud
- Auto Insurance Basics The difference between liability, collision, and comprehensive coverage, and why most places legally require at least one of them. 📄 Read-aloud
- Homeowners and Renters Insurance What these two very differently-named policies actually cover, and why renters insurance is so often skipped despite being inexpensive. 📄 Read-aloud
- Life Insurance: Term vs. Whole The fundamental structural difference between term and whole life insurance, and why that difference matters more than the specific numbers. 📄 Read-aloud
- Insurance & Risk Management: Checkpoint 1 Covers what insurance is, health insurance basics, auto insurance, homeowners/renters insurance, and life insurance. 5 questions
- Understanding Deductibles and Premiums The general tradeoff between what you pay regularly and what you pay when something goes wrong, and how to think about which side to favor. 📄 Read-aloud
- How Insurers Price Risk The discipline behind setting an insurance premium, and why insurers care so much about predicting risk accurately. 📄 Read-aloud
- Reading an Insurance Policy The parts of an actual policy document worth reading closely, especially the sections most people skip. 📄 Read-aloud
- Filing a Claim The actual process of filing an insurance claim, and the documentation habits that make it go smoothly. 📄 Read-aloud
- How Much Insurance Do You Actually Need A practical framework for deciding how much coverage actually makes sense, across every type of insurance covered in this module. 📄 Read-aloud
- Insurance & Risk Management: Checkpoint 2 Covers the premium-deductible tradeoff, underwriting, reading a policy, filing a claim, and how much insurance you need. 5 questions
- Disability Insurance: The Coverage Most People Skip Why the odds of a disabling illness or injury are higher than most people assume - and how disability insurance replaces lost income. 📄 Read-aloud
- Umbrella Insurance Policies How an umbrella policy extends liability coverage beyond the limits of your other insurance - and who actually needs one. 📄 Read-aloud
- Adverse Selection and Moral Hazard, Explained Simply The two information problems that make insurance harder to price than it looks, explained with everyday examples. 📄 Read-aloud
- The Economics of Reinsurance How insurance companies buy their own insurance, and why that quiet industry keeps the whole system standing after a disaster. 📄 Read-aloud
- Catastrophe Risk and the Rising Cost of Insuring Climate Change Why insurers are pulling back from wildfire- and flood-prone areas, and what that retreat means for homeowners. 📄 Read-aloud
- Title Insurance and Protecting Property Ownership A one-time insurance purchase that protects against hidden problems in a property's ownership history, unlike almost any other kind of insurance. 📄 Read-aloud
- Business Liability Insurance Basics How businesses insure against the financial risk of harming customers, employees, or others, and why nearly every business needs some form of it. 📄 Read-aloud
- How Actuaries Price the Future The profession and mathematical discipline behind setting insurance prices, translating uncertain future risk into concrete premiums today. 📄 Read-aloud
- Insurance Regulation: Who Protects Policyholders Why insurance is one of the most heavily regulated industries, and the mechanisms that protect policyholders if an insurer can't pay its claims. 📄 Read-aloud
- Microinsurance: Protection for Low-Income Families How small, low-cost insurance policies designed for low-income households work, and the challenges of making them reach people who need them. 📄 Read-aloud
- Travel Insurance: When It Is Worth It What travel insurance covers, from medical emergencies abroad to cancelled trips, and how to judge whether a policy is worth buying. 📄 Read-aloud
- Group Insurance From Your Employer How employer-provided group health and life insurance works, its advantages, and why relying on it alone can leave gaps. 📄 Read-aloud
- Parametric Insurance: Paying Out When the Trigger Hits How insurance that pays automatically when rainfall, temperature or wind speed crosses a set level works, and why it suits disasters and informal workers. 📄 Read-aloud