Standard 11: Insurance


  1. Identify common risks to life and property (e.g., illness, death, natural catastrophe, and accident).
  2. Explain the purpose and importance of insurance protection as a risk management strategy (e.g., life, health, property, liability, disability, and automobile).
  3. Examine appropriate amounts of insurance and how insurance deductibles work.


Online Curriculum and Lesson Plans

Making $en$e: Financial Success for Oklahoma Students – Oklahoma State Department of Education | view now

  • Module 11.1: Identifying Risk
  • Module 11.2: Different Types of Insurance
  • Module 11.3: Using Insurance to Manage Risk

It Just Adds Up lessons | view now

  • Lesson 18 – Insurance: Managing Your Risk

Insurance Introduction: Types of Insurance | view now

Protecting What You Have – NEFE | view now


Council for Economic Education Lessons

Virtual Economics Insurance Lessons

Lesson 1 – Why Insurance and How Does It Work?

Lesson 2 – The Basics of Life Insurance

Lesson 3 – Everything You Ever Wanted to Know About Automobile Insurance

Lesson 4 – Why Renter’s Insurance?

Financial Fitness for Life, Bringing Home the Gold (9-12), Teacher Guide

Theme 5: Lesson 22 – Managing Risk: The Good News about Insurance


Online Resources

Extended Activities