T-Level FinanceYears 12–13Finance and Accounting

Insurance principles — life, motor, property

T-Level: Finance: Insurance principles — life, motor, property

What you'll learn

  1. 1

    Think of insurance like a 'safety blanket' for money. If something bad happens (a car crash, a fire), the insurance company pays to fix it instead of you paying all by yourself.

  2. 2

    What is the main purpose of insurance?

  3. 3

    Here are three common types of insurance: Life, Motor, and Property. Each one covers a different 'thing' that could go wrong.

  4. 4

    Let's see how Motor insurance works for a car crash.

  5. 5

    Match each insurance type to the 'thing' it covers.

  6. 6

    Which insurance would pay for repairs if your house roof blew off in a storm?

  7. 7

    What do you call the monthly payment you make to keep your insurance active?

Practise Insurance principles — life, motor, property with Whizlo

Free AI-tutored lessons, unlimited practice questions, and progress tracking for ages 16–18. Aligned to the UK National Curriculum.