Day 69

Lesson Objectives

• Differentiate between term and cash value life insurance.
• Explain how one becomes self-insured.
• Examine the purpose and importance of a will.
• Know what types of insurance to avoid and why.

Assignment 9.3.1

1. Watch Video 3.1
2. Record the missing words from pages 200-201 of the textbook as they pop up on the left side of the video screen by filling in this form.  (pages 200-201) .
3. Discussion Questions:
   1. What is the purpose of life insurance?
   2. What type of life insurance does Dave recommend?
4. Watch Video 4.1
5. Record the missing words from pages 202-203 of the textbook as they pop up on the left side of the video screen by filling in this form.  (pages 202-203) .
6. Discussion Questions:
   1. What are some unnecessary types of insurance?
   2. How does someone become self-insured?

Assignment 9.3.2

1. Make a copy of this Google Document, rename it My Will-(Your Initials), and move it to your Chapter 9 folder.
2. Read the directions within the document and complete it as directed.

Assignment 9.3.3

1. In your Personal Finance Journal-C9 file in your Chapter 9 folder, complete the next two rows in the table by answering the question listed.