Explain the purpose and importance of uninsured and underinsured motorist insurance, including the legal minimum liability coverage required in Alabama.
Research and share information on personal automobile policy liability coverage related to bodily injury and medical payments.
Identify common sections of homeowners and dwelling structure policies.
Interpret the declaration page of a personal residential insurance policy.
Summarize the coverages and limitations of dwelling policies purchased for investment property.
Define and explain insurance industry terminology.
Examples: coverage, actual cash value, liability, market value, premium
Explain the eligibility requirements for a homeowner’s policy.
Evaluate the property and liability components of a homeowner’s policy and optional coverages and endorsements that may be included.
Explain the liability components of coverage for additional living expenses, personal liability, and medical expenses.
Describe the coverage provided by optional endorsements that may be added to a homeowner’s policy.
Examples: inflation guard, valuable items coverage, personal property replacement cost
List the common perils against which homeowners are insured.
Examples: lightning, explosion, water damage, theft, windstorms, hail, fire
List perils not covered by a standard homeowner’s policy, including mold, flood, terrorism, and earthquake.
Investigate how property owners may qualify for flood insurance through the National Flood Insurance Program managed by FEMA.
Summarize coverage options for insurance on recreational vehicles.
Explain watercraft insurance coverage for different types of loss, including medical payments, physical damage, and liability.
Describe options for extra coverage for personal residential property including personal umbrella, excess liability, and hybrid policies.
Research and share information on the options in a renter’s insurance policy.
Examples: personal property, personal liability, additional living expenses
Explain the certification and/or state insurance license requirements for individuals who wish to sell property and casualty insurance products and services.
Discuss the role of the state insurance commissioner in regulating the sale of insurance products.
Discuss the implications of unethical insurance practices in property and casualty insurance.
Incorporate safety procedures in handling, operating, and maintaining tools and machinery; handling materials; utilizing personal protective equipment; maintaining a safe work area; and handling hazardous materials and forces.
Demonstrate effective workplace and employability skills, including communication, awareness of diversity, positive work ethic, problem-solving, time management, and teamwork.
Explore the range of careers available in the field and investigate their educational requirements, and demonstrate job-seeking skills including resume-writing and interviewing.
Advocate and practice safe, legal, responsible, and ethical use of information and technology tools specific to the industry pathway.
Participate in a Career and Technical Student Organization (CTSO) to increase knowledge and skills and to enhance leadership and teamwork.
Discuss and demonstrate ways to value diversity.
Research and share reasons for obtaining life and health insurance, including health, disability, life, cancer, and long-term care insurance.
Summarize and share the differences between life and health insurance.
Explain the financial impact of health care costs on individuals.
Describe how insurance needs change over a person’s lifetime.
Investigate and share information on the history of both private and governmental health insurance in Alabama.
Research and discuss history of the individual health insurance mandate in the United States.
Explain the purposes of both short-term and long-term disability insurance.
Research and share the effect of insurance fraud in relation to the process of being approved for disability claims.
Calculate the cost of healthcare coverage, including the cost of premiums and copayments, deductibles, and other out-of-pocket expenses, for several hypothetical policyholders.
