Can you get an insurance policy to cover...

1. Death by laughter?
2. Loss of taste buds?
3. Kidnapping and ransoms?

Answer: Yes, yes and yes!

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Questions:

1. Who do you think might want an insurance policy to cover them if they lost their taste buds?
2. If you were a professional athlete, what might you want to get an insurance policy for?
3. In your own words, what is the purpose of insurance?

---------------

Check out the NGPF Insurance unit page for more ideas on lessons, activities and other resources on this topic. 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.