Lesson
Protecting Life & Income
Summary
Your paycheck and your pulse are your two biggest assets. This lesson explores how life, disability, and health insurance shield income from the curveballs nobody sees coming.
Bellringer: One Missed Paycheck
- Pose scenario: 24-year-old is hospitalized 5 days with severe pneumonia, out of work 6 weeks.
- Ask students how they would cover rent, groceries, and medical bills.
Instruction
- Walk through health, disability, and life insurance basics.
- Define premium, deductible, copay, coinsurance, out-of-pocket max.
Activity: Health Insurance Costs
- Students complete the Health Insurance Costs worksheet using the shared plan details.
- Compare out-of-pocket totals across the six characters (Quang, Zeke, Amina, Flora, Dakota, Anna).
Discussion: Who Benefits The Most?
- Debrief which character got the most value from the plan and why.
- Push students to defend high-deductible vs. low-deductible trade-offs.
Wrap-Up & Assessment
- Name one insurance type you'll need within 5 years and why.
- How do health, disability, and life insurance work together as income protection?
| Est. Time | Activity | Description |
|---|---|---|
| 5 min | Bellringer: One Missed Paycheck |
|
| 10 min | Instruction |
|
| 20 min | Activity: Health Insurance Costs |
|
| 5 min | Discussion: Who Benefits The Most? |
|
| 5 min | Wrap-Up & Assessment |
|
Lesson Prep
High School Personal Finance Workbook
Complete "Health Insurance Costs" on pages 11-12.
Class Presentation
Includes a 16-slide deck with teacher notes. Present from Banzai, download a PDF, or copy it to Google Slides.
Presentations, Ready to Go
- Built-in PresentationPresent full screen, straight from Banzai
- Copy to Google SlidesMake an editable copy for your class
- Download or PrintSave as a PDF or print
- Teacher NotesSlide-by-slide guidance, printable as one handout
Unit 9: Risk & Coverage
Insurance Lingo & Mechanics
Insurance feels like alphabet soup until you realize every term exists to answer one question: who pays what, and when? This lesson decodes premiums, deductibles, claims, and coverage so students can read any policy without panic.
Auto Insurance
One fender bender can cost more than a year of premiums—if you picked the wrong coverage. This lesson unpacks the five coverage types, the premium-deductible tradeoff, and how teens can pick a policy that won't bankrupt them after a crash.
Protecting Life & Income
Your paycheck and your pulse are your two biggest assets. This lesson explores how life, disability, and health insurance shield income from the curveballs nobody sees coming.
How do Banzai lesson plans work? See the FAQ.