Risk
Life doesn’t always go the way we plan. That’s why it’s a good idea to have backup plans, like savings for emergencies and insurance policies. This section introduces students to the basics of insurance and the concept of risk.
Pre-/Post-Unit Quiz
To launch the unit, print and distribute the unit quiz to assess students’ prior knowledge on risk. Students can also go to www.scholastic.com/nextgeneration/students to take the interactive version of the quiz and print their responses so that you can review the answers in class.
Introduce students to the concepts of risk and insurance and have them engage in their own probability experiment.
Student Activity: The 411 on Insurance—The Basics (PDF)
Student Activity: The 411 on Insurance—The Basics (PDF)
Students evaluate risk and ways to mitigate potential negative consequences.
Student Activity: What’s Risk Got to Do With It? (PDF)
Student Activity: What’s Risk Got to Do With It? (PDF)
Drawing on an example from history, students examine how risk pooling works and why insurance providers use this tool.
Student Activity: Risk Pooling in Ancient Rome (PDF)
Student Activity: Risk Pooling in Ancient Rome (PDF)
Students are presented with character profiles and are to assess and compare the potential risks associated with the individuals.
Student Activity: What’s the Risk? (PDF)
Student Activity: What’s the Risk? (PDF)
LIFE Foundation Photo Credits | Homepage Photos: girl with backpack, © Supri Suharjoto/Shutterstock; boy on bike, © Ljupco Smokovski/Shutterstock; mother and son, © CREATISTA/Shutterstock; two girls running, © Steve Debenport/E+/Getty Images; boy on crutches, © Sean Justice/Media Bakery; girl looking at computer, © Jose Luis Palaez/Media Bakery; girl with laptop, © Yuri Arcurs/Shutterstock. | Risk Photos: boy on bike, © Ljupco Smokovski/Shutterstock; blackboard, Maridav/Shutterstock; laptop, © Rob Marmion/Shutterstock. | Life Photos: mother and son,
© CREATISTA/Shutterstock; blackboard, Maridav/Shutterstock; laptop, © Rob Marmion/Shutterstock. | Health Photos: two girls running, © Steve Debenport/E+/Getty Images; blackboard, Maridav/Shutterstock; laptop, © Rob Marmion/Shutterstock. | Disability Photos: boy on crutches, © Sean Justice/Media Bakery; blackboard, Maridav/Shutterstock; laptop, © Rob Marmion/Shutterstock. | Financial Planning Photos: girl looking at computer, © Jose Luis Palaez/Media Bakery; blackboard, Maridav/Shutterstock. | Student Resources Photos: girl in blue shirt, © l i g h t p o e t/Shutterstock; family, © George Doyle/Media Bakery. | National Standards Photo: students and teacher, © Altrendo/Media Bakery. | Helpful Links Photo: students looking at laptops, © Media Bakery.
© CREATISTA/Shutterstock; blackboard, Maridav/Shutterstock; laptop, © Rob Marmion/Shutterstock. | Health Photos: two girls running, © Steve Debenport/E+/Getty Images; blackboard, Maridav/Shutterstock; laptop, © Rob Marmion/Shutterstock. | Disability Photos: boy on crutches, © Sean Justice/Media Bakery; blackboard, Maridav/Shutterstock; laptop, © Rob Marmion/Shutterstock. | Financial Planning Photos: girl looking at computer, © Jose Luis Palaez/Media Bakery; blackboard, Maridav/Shutterstock. | Student Resources Photos: girl in blue shirt, © l i g h t p o e t/Shutterstock; family, © George Doyle/Media Bakery. | National Standards Photo: students and teacher, © Altrendo/Media Bakery. | Helpful Links Photo: students looking at laptops, © Media Bakery.
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