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.
Personal Auto Coverage
Interpret the sections of the declaration page on personal auto policies.
Gather and share information on how auto insurance works and the importance of obtaining and maintaining auto insurance.
Discuss factors that affect insurability and premiums.
Examples: age, gender, driving record, make/model of vehicle, credit score, garage location, annual mileage
Distinguish between eligibility and coverage.
Enumerate the physical damage components of comprehensive and collision insurance.
Examples: hail, vandalism, glass coverage
Compare and contrast insurance limits when determining the amount of coverage for comprehensive and collision auto insurance.
Explain the purpose and importance of uninsured and underinsured motorist insurance, including the legal minimum liability coverage required in Alabama.
Medical Payment Coverage–Auto
Research and share information on personal automobile policy liability coverage related to bodily injury and medical payments.
Personal Residential Coverage
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
Insurance Certification
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.
Ethics
Discuss the implications of unethical insurance practices in property and casualty insurance.
Foundations of Insurance Services II: Life and Health
Foundational Standards
