Lesson sheet · Module 12 # Insurance — life, savings, health, property ## The aim of the lesson > **Insure what you cannot bear; bear yourself what you can. And never buy an investment dressed up as insurance without seeing the fees.** - 👧 Child: we insure the big disasters, not the pencils. - 🧑 Teenager: motor liability insurance protects others; check what protects you. - 🧔 Adult: - does someone depend on your income — then term insurance; - a reserve for the small things; - KID and IPID before you sign. **Your step in Pecuvo:** a "Security" basket (insurance) with the yearly total. Set goals with renewal dates. Next to each policy, write down: what it covers, the excess, when it expires. ## The topic (chapters of the module) 1. Chapter 1 · How insurance works 2. Chapter 2 · What is worth insuring 3. Chapter 3 · Compulsory insurance 4. Chapter 4 · Life: protection and savings insurance 5. Chapter 5 · Unit-linked insurance: an investment dressed up as insurance 6. Chapter 6 · Health and accidents 7. Chapter 7 · Property 8. Chapter 8 · How to read the contract ## For the youngest · ages 6–7 🐣 **The youngest:** Imagine everyone in the class puts one coin into a shared box. When someone needs help, the box helps. For example, a new tyre for a bike. Everyone gives a little, and so no one is alone. This is caring for each other. **Play together (5 minutes):** Make a family box for mending toys. Every evening, everyone drops in one button. When a toy needs glue or a patch, decide together that the box will help. **A question for the evening:** "How can we help each other when someone needs help?" **A game from the catalogue:** RS-01 "The rainy-day fund" — [https://pecuvo.eu/igri/katalog/#rs-01](https://pecuvo.eu/igri/katalog/#rs-01) (in Bulgarian) ## Questions for the class — 3 per level - 👧 1. How does the shared box of the 100 children work? 2. What do we insure — the pencil or the house? 3. Why do we read something with an adult before signing? - 🧑 1. What is an excess? 2. Whom does motor liability insurance protect? 3. What is the difference between term and savings life insurance? - 🧔 1. Why do insured people, on average, pay more than they get back — and why is it still worth it? 2. What does EIOPA warn about unit-linked insurance? 3. Which eight things do you check in the contract? ## A 45-minute plan - **5 min:** The question for the evening or one from “Check yourself” — what do the pupils think? No right or wrong answers. - **15 min:** One or two chapters of the module at the level of the class (the “child · teenager · adult” buttons on the page). - **10 min:** The game or the calculator for the topic — in pairs or on the board. - **10 min:** The questions for the class. If you like, the open test — everyone writes down only their code. - **5 min:** The iron principle in the pupils' own words and one small step for home. ## Tools for the lesson - [The whole module on the website](https://pecuvo.eu/en/modules/insurance/) pecuvo.eu/en/modules/insurance/ - [The open test (9 questions) — pupils write down only their code (e.g. K4B11), no names; the class distribution is shown on the same page](https://pecuvo.eu/en/test/) pecuvo.eu/en/test/ - [The Glossary — terms explained simply](https://pecuvo.eu/en/glossary/) pecuvo.eu/en/glossary/ No personal data of pupils. Children under 14 — with a teacher or a parent. Do not compare individual pupils. Knowledge, not financial advice. The sheets may be freely printed and copied for lessons, clubs and families, with the source pecuvo.eu. They may not be sold.