Title: No Frills Money Skills--Insurance: Protecting Yourself from Damage(Video Q&A)
Course: Kentucky Sample Personal Finance Curriculum > Section: Unit 6: Insurance & Risk Management

Description: “Insurance: Protecting Yourself from Damage" is a video in the Federal Reserve Bank of St. Louis series, "No-Frills Money Skills." This episode begins with examples of activities with varying amounts of risk and introduces insurance, explaining how it is used to transfer or reduce risk. With a story about a homeowner, students learn several key insurance related concepts and terms. Estimated Time to Complete: 10 minutes