Personal Finance and Wealth Management · Personal Finance
Insurance and Risk Mitigation
Analyzing how individuals protect themselves against financial loss.
Key Questions
- 1Why do people pay for insurance when they hope never to use it?
- 2How does asymmetric information affect the cost of premiums?
- 3Who benefits and who bears the costs in a shared-risk pool?
Ontario Curriculum Expectations
ON: Personal Finance - Grade 12
Grade: Grade 12
Subject: Economics
Unit: Personal Finance and Wealth Management
Period: Personal Finance
Suggested Methodologies
Ready to teach this topic?
Generate a complete, classroom-ready active learning mission in seconds.