Renters Insurance: Analyzing Sample Policy
Activity Description
In this interactive worksheet, students will analyze a sample renter's insurance policy to understand the coverage limits, standard deductible, and additional coverage options available. By reviewing the policy document and selecting additional coverages, students will see how the premium is calculated and understand the value of comprehensive insurance protection.
Activities:
- Policy Document Review: Students will be presented with a sample renter's insurance policy detailing the coverage limits for various items such as personal possessions, personal liability, mold liability, and medical payments, along with the standard deductible.
- Additional Coverage Selection: Students will have the option to select additional coverages such as water backup overflow, equipment breakdown, and computer protection. As they make their selections, the premium will be auto-calculated and displayed.
- Question and Answer: Students will answer a series of questions that can be answered by analyzing the policy document. These questions will help reinforce their understanding of the policy details and the importance of comprehensive coverage.
Learning Objective
The learning objective of this activity is to enable students to comprehend the key terms, coverage details, and exclusions outlined in a renter's insurance policy, fostering knowledge and understanding of insurance policy documents, and promoting informed decision-making regarding insurance coverage options and protection for personal belongings. The policy to be analyzed is -
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