PFLE.SS.9.D
Explain the costs and benefits of disability and long-term care insurance.
Personal Financial Literacy and Economics · Texas Essential Knowledge and Skills (TEKS) · TEKS 2010
Standard Unwrapping
AI-generated as a starting point — sign in to edit.Vocabulary
costsbenefitsdisability insurancelong-term care insurance
Skills
- explain (the costs and benefits of disability and long-term care insurance) #dok2
- compare (different types of insurance and their advantages/disadvantages) #dok2
- analyze (how disability and long-term care insurance can protect assets or income) #dok3
Learning Targets
- I can identify examples of disability and long-term care insurance. #dok1
- I can list common costs and benefits associated with disability and long-term care insurance. #dok1
- I can explain the advantages and disadvantages of disability insurance. #dok2
- I can explain the costs and benefits of long-term care insurance. #dok2
- I can compare the differences between disability and long-term care insurance. #dok2
- I can analyze how having or lacking disability or long-term care insurance affects financial security. #dok3
- I can evaluate scenarios to determine when disability or long-term care insurance is a good financial choice. #dok3
Big Ideas
- Insurance protects individuals from financial risk due to disability or long-term care needs.
- Understanding the costs and benefits of different types of insurance is essential for making informed financial decisions.
Essential Questions
- What are the potential costs and benefits of having disability insurance?
- How can long-term care insurance protect your financial future?
- When might someone need disability or long-term care insurance?
- How do disability and long-term care insurance differ in terms of coverage and benefits?
- What should individuals consider when deciding if these types of insurance are right for them?