Standard 6: Protecting and Insuring

General Information
Number: SS.8.FL.6
Title: Protecting and Insuring
Type: Standard
Subject: Social Studies
Grade: 8
Strand: Financial Literacy (Adopted in 2023)

Related Benchmarks

This cluster includes the following benchmarks.

Related Access Points

This cluster includes the following access points.

Access Points

SS.8.FL.6.AP.1
Identify the fact that personal financial risk exists when unexpected events can damage health, income, property, wealth, or future opportunities.
SS.8.FL.6.AP.2
Identify insurance as a product that allows people to pay a fee now to transfer the costs of a potential loss to a third party.
SS.8.FL.6.AP.3
Identify how a person may self-insure by accepting a risk and saving money on a regular basis to cover a potential loss.
SS.8.FL.6.AP.4
Identify why insurance policies that guarantee higher levels of payment have higher prices.
SS.8.FL.6.AP.5
Identify why drivers who receive repeated speeding tickets will see their insurance premiums increase.
SS.8.FL.6.AP.6
Identify ways in which an automobile driver can avoid, reduce, or transfer the risk of being in an automobile accident.
SS.8.FL.6.AP.7
Identify ways that identity thieves can obtain someone’s personal information and steps an individual can take to protect their personal information.

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