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Explain how governments and contractual obligations can influence the decisions and responsibilities of individuals to obtain different forms of insurance.
Examples
Example: Research and provide the laws and regulations that establish the amount of auto insurance drivers must purchase in Florida.Clarifications
Clarification 1: Instruction includes understanding why homeowners’ insurance is required by a lender when a homeowner takes out a mortgage.General Information
Subject Area: Social Studies
Grade: 912
Strand: Financial Literacy
Standard: Identify and analyze methods of protecting financial investments and personal information.
Date Adopted or Revised: 05/24
Status: State Board Approved
Related Courses
This benchmark is part of these courses.
2102300: Economics and Personal Finance (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102305: Economics and Personal Finance Honors (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102371: Personal Finance and Money Management (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102373: Personal Finance and Money Management Honors (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
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Alternate version of this benchmark for students with significant cognitive disabilities.
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