Insurance is a product that allows people to pay a fee (called a premium) now to transfer the costs of a potential loss to a third party.
Standard detail
2.
Benchmark
Depth 1Parent ID: F365D35F8F2445FA96188E2CA3F11D00Standard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 2.
- List ID
- 2.
- Standard ID
- AA47149EF51545ABAF4CF251B8179F53
- ASN identifier
- S2604624
- Subject
- Financial Literacy
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- F365D35F8F2445FA96188E2CA3F11D00
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US