Day 73

Lesson Objectives

  • Discuss the principles of life insurance.
  • Explain the types of life insurance.
  • Describe the process of buying life insurance.

Notes 5-1

  1. Obtain a copy of the Life Insurance Notes Handout from your teacher and fill in the notes through the presentation.  You can also view the presentation here.

Assignment IU5.1

  1. Inside of your Insurance Unit folder, create a new folder titled Lesson 5.  All your tasks completed in Lesson 5 should be stored in this folder.

Assignment IU5.2

  1. You can choose to use a Google Drawing or Google Document to explain and identify term life insurance.  In either regard, you will name your file Term Life Insurance-(Your Initials) and move it into your Lesson 5 folder.
    • If you choose to create a Google Drawing, you will section it off into three equal parts.  In each part, use pictures, objects, and words to identify and display the three different types of term life insurance mentioned in your notes.
    • If you choose to create a Google Document, you will write about each type of term life insurance mentioned in your notes and do so each in a paragraph, three paragraphs in total.
  2. You can choose to use a Google Drawing or Google Document to explain and identify permanent life insurance.  In either regard, you will name your file Permanent Life Insurance-(Your Initials) and move it into your Lesson 5 folder
    • If you choose to create a Google Drawing, you will section it off into three equal parts.  In each part, use pictures, objects, and words to identify and display the three different types of permanent life insurance mentioned in your notes. 
    • If you choose to create a Google Document, you will write about each type of permanent life insurance mentioned in your notes and do so each in a paragraph, three paragraphs in total.