The High School Financial Planning Program® (HSFPP) will be retiring on July 31, 2021. Learn more about this decision.

Insurance: Protect What You Have

Lesson 6-3 Selecting Insurance

You have many life changes ahead of you. Along the way you’re going to need different kinds of insurance protection for yourself, your loved ones, and your property. Learn about how you are protected by different types of insurance to ease the financial burden that can occur due to unfortunate events .

What You’ll LearnExplore what is covered by common types of insurance.

Taking it Home

  • Read through a medical, dental or vision insurance policy so you are familiar with what is covered and not covered. Did you discover any surprises?
  • Having adequate insurance is one way to plan for disaster. But for more immediate needs when disaster occurs, create a road-side, evacuation, or blackout emergency kit for your family.

Learn More

  • Find out what to do if you are injured on the job. Read instructions posted for employees or talk to your human resources representative so you are prepared to act quickly or guide a coworker if there is a work-related injury.
  • If you have an interest in investigative tasks and writing, learn about the work carried out by insurance adjusters and investigators who review insurance claims.

Related Resources

Talking Points for Parents:

While your teen is learning about insurance, consider ways to reinforce learning from home.

  • With your teen, read through one of the family's insurance policies so your teen is familiar with what is and is not covered.
  • Ask your teen to demonstrate what he or she is learning in class, including the value of having sufficient health insurance coverage and ways to plan for out-of-pocket medical costs.