Insurance principles — life, motor, property
T-Level: Finance: Insurance principles — life, motor, property
What you'll learn
- 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
What is the main purpose of insurance?
- 3
Here are three common types of insurance: Life, Motor, and Property. Each one covers a different 'thing' that could go wrong.
- 4
Let's see how Motor insurance works for a car crash.
- 5
Match each insurance type to the 'thing' it covers.
- 6
Which insurance would pay for repairs if your house roof blew off in a storm?
- 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.