Category: Insurance

Question of the Day (UPDATE): What is the cost to repair an iPhone screen?

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Apr 25, 2021
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Question of the Day, Insurance
Answer: $30 to $280 Questions: Have you damaged your phone in the last year? If so, have you gotten it repaired? The cost of AppleCare+ is either a one-time fee of $200 or $10 per month. If you want loss and theft protection too, it’s $270 or $13.50 per month. Is having this insurance a “good deal?” Explain your thinking. Do you carry cell phone insurance? Why or why not? Here's the ready-to-go slides for this Question of the Day that you can use in your classroom....

NGPF On-Demand: Renters Insurance

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Apr 15, 2021
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Professional Development, Insurance
NGPF On-Demand is a professional development opportunity that allows teachers to deepen their content knowledge on their own schedule and at their own pace. One of the 23 modules available is “Renters Insurance”. This module reviews how renters insurance works and why it’s essential coverage for young adults.    Here are some highlights from the module:  Compare average renters insurance rates across all 50 states:     Use an interactive from...

Reading List for March 26-28

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Mar 26, 2021
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Investing, Economics, Insurance, Taxes
Investing We are one year out from the stock market bottoming out. What has happened since then? (Irrelevant Investor) What is the bond market saying about inflation expectations? (NYT) Roblox IPO, like the company, was HUGE! (Investors.com). GMA aired a story today with warnings to parents about its dangers (surprise bills and bullying).   Economics New unemployment claims dropped below 700,000 for the first time since the start of the pandemic (CNBC), but payments to millions of...

Reading List for January 8-10

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Jan 08, 2021
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Economics, Cryptocurrencies, Investing, Insurance, Student Loans
Economics Biggest economic news this week hit today: The December jobs report shows a 140,000 decline, the first decline since April, and the news for long-term unemployed and labor force participation aren’t great. (NYTimes) This followed yesterday’s news on initial jobless claims, still stubbornly high. (Yahoo Finance) The US Trade deficit hit a 14-year high in November. (Reuters) January 1 brought increases in the minimum wage across the country. (NYTimes) (Economist-graph...

Reading List for October 30-Nov 1

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Oct 30, 2020
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Financial Literacy, Economics, Budgeting, Investing, Insurance
Hope you all have a happy and safe Halloween!   Financial Literacy Ally is “leaning into gamification” to attack the financial literacy gap, beginning with “Animal Crossing.” (PRNewswire)   Economics Yahoo Finance provides a wrap-up of this week’s economic data releases. * Consumer spending increases 1.4% in September * Personal income rebounds 0.9%; savings rate dips to 14.3% * Core PCE price index rises 0.2%; up 1.5% year-on-year GDP rebounded in...

Reading List for October 16-18

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Oct 16, 2020
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Current Events, Economics, Investing, Paying for College, Budgeting, Insurance, Retirement
Economics Retail sales up 1.9% in September. (CNBC) The unexpectedly big gain in spending comes after months of historically high savings as consumers retrenched due to the Covid-19 scare. The personal savings rate peaked at 33.6% in April and remained at 14.1% in August, the highest pre-pandemic rate since June 1975. (Ed Yardeni) took a closer look at the recovery by sector of the economy in his blog post dated October 9.  First-time unemployment claims of 898,000 back on the rise this...

Question of the Day: What five factors are most important in determining car insurance rates?

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Sep 20, 2020
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Question of the Day, Insurance
Answer:  Age Driving history Credit Score Years of driving experience Location Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Questions: Why is age considered such an important factor by auto insurers? Do you think auto insurer rates are higher for a 50 year old or a teenager? Why?  Which of these five factors work in your favor as a teenager?  Behind the numbers (The Zebra): Age is a very significant rating factor, especially...

Reading List for August 21-23

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Aug 21, 2020
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Financial Literacy, Economics, Investing, Taxes, Insurance, Paying for College
Financial Literacy Charles Schwab released its Financial Literacy Survey. Here are the highlights: On a scale of 1-100, Americans rated money management (62.9) as the most important skill for kids to learn, edging out the dangers of drugs and alcohol (60.5), healthy eating and exercise habits (58.3), and safe driving practices (57). (BusinessWire) Technology (FinTech) could develop in a way to further divide the financially vulnerable from everyone else, or it could be developed in a way to...

Question of the Day (UPDATE): What is the cost to repair an iPhone screen?

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Aug 17, 2020
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Insurance, Question of the Day
Answer: $29-$329, depending on the model and whether you have carry the AppleCare+ insurance You carry them around with you all the time and apparently break them quite a bit. According to this survey, 2/3 of smartphone users damaged their phones in the past year. Cost to repair specific models found in Question of the Day slides. Questions: Have you damaged your phone in the last year? If so, have you gotten it repaired?  Do you carry cell phone insurance? Why or why not?  Does...

EdPuzzle Thursday: Health Insurance

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Jul 29, 2020
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EdPuzzle Thursday, Insurance
EdPuzzle is a great platform to test for knowledge while students watch a video and learn remotely. We will be releasing new EdPuzzle videos here on the blog each week so that your students can answer questions that are directly embedded within engaging videos.  This week we have two EdPuzzle videos both focusing on health insurance.  The first EdPuzzle video titled "I'm Young & Healthy, Can I Skip Health Insurance?" explains the benefits of having health insurance as a young...

What's New With Insurance--2020

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Jul 23, 2020
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Insurance, Current Events
Auto Insurance Undoubtedly, people are driving less during the pandemic. Logic would suggest you should be paying less for your auto insurance. Many companies pro-actively decided to send their policyholders’ rebates or credits for lower usage early on in the pandemic (April and May). (Check out Consumer Reports for a list of what their twenty top-rated companies are doing.) But you should not be satisfied with just those rebates. Several recent articles suggest you call your insurance...

EdPuzzle Thursday: INSURANCE

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Jul 08, 2020
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EdPuzzle Thursday, Insurance
EdPuzzle is a great platform to test for knowledge while students watch a video and learn remotely. We will be releasing new EdPuzzle videos here on the blog each week so that your students can answer questions that are directly embedded within engaging videos.  This week we have two EdPuzzle videos both focusing on insurance.  The first EdPuzzle video titled "Intro to Insurance" explains the basics of insurance such as how it works and common terminology.      In the...

Virtual Adaptation: COMPARE: Types of Car Insurance

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Jun 01, 2020
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Teaching Remotely, Insurance
[Updated 8/26/20] As the school year is coming to an end for many teachers and learning is taking place online, keeping students engaged is key. One topic that always proves to be interesting to students is buying and insuring a car. The activity PLAY: Types of Car Insurance requires students to identify the different types of auto insurance coverage and determine the appropriate type of insurance to cover damages in multiple scenarios.  At a time where many schools have transitioned to...

Virtual Adaptation: MOVE Activities (Part II)

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May 18, 2020
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Teaching Remotely, Insurance
Last week, we posted virtual adaptations for three of our most popular MOVE activities (view the post here). By request, here are adaptation ideas for TWO additional MOVE activities. As a reminder, these ideas are not meant to take away from the magic of MOVE activities. NGPF MOVE activities are some of the best activities to encourage movement and collaboration in a traditional learning environment. However, at a time where many schools have transitioned to offering synchronous and asynchronous...

Question of the Day; How much more (in %) does a driver with a poor credit score pay for auto insurance?

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May 11, 2020
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Question of the Day, Insurance
Answer: 57% 13 leading insurers (from Value Penguin) Questions Why do you think that auto insurers charge higher premiums for policyholders with lower credit scores?  Given the wide variance in auto insurance rates, does comparison shopping make sense?  Find the insurers with the three lowest premiums for poor credit. Then find the three lowest premiums for excellent credit. Are they the same there insurers? Click here for the ready-to-go slides for this Question of the Day...