Personal Finance
(.5 credit)
Approved May 2011
1
Income – Learning To Earn
Essential Understandings:
1. You must put money in before you can take it out.
2. Good financial plans include a variety of sources of income
3. Always perform your current job as if you are working towards a promotion
4. First impressions are lasting impressions
Content Standards: Sources: National Standards in Personal Finance Education, The Jump$tart Coalition for Personal Financial Literacy, 919 18th Street, N.W. Suite 300 Washington, DC
20006, http://www.jumpstartcoalition.org/guide.html, retrieved April 3, 2009.
1. Take responsibility for personal financial decisions.
2. Summarize major consumer protection laws.
3. Make financial decisions by systematically considering alternatives and consequences.
4. Develop communication strategies for Understanding financial issues.
5. Explore career options.
6. Identify sources of personal income.
7. Understand factors affecting take-home pay.
8. Develop a personal financial plan.
9. Identify the costs and benefits of various types of credit.
10. Use appropriate and cost-effective risk management strategies.
11. Identify common types of risks and basic risk management methods..
12. Understand how saving contributes to financial well-being
Essential Question: Why is it important to have a career plan?
Learning Goals: Students will:
Know two ways of learning about financial aid for students
Understand the most important lesson to learn about handling personal finances
Understand how work will affect family and choice of friends
Know the best sources of job leads
Know three traditional and three online sources of job leads
Know what info is usually requested on an job application form
Know the legal document that is required before being employed
Understand how keywords can help in obtaining a job interview
Understand the setting in which employers usually make hiring decisions
2
Know three things to do when preparing for a job interview
Know ways to make a good impression in an interview
Know topics that company policy handbooks usually cover
Understand the purpose of a work permit
Know three main things employers expect of new employees
Understand why U.S. jobs are increasingly being performed overseas
Understand how to go about selecting an institution of higher education
Understand alternatives to attending a 4 year college/university
Know advantages to being an entrepreneur
Understand three forms of business organization
Understand a limited liability company
3
Suggested Strategies
Suggested Assessments
Suggested Resources
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Mock Interviews
Search local job Knowings
Guest Speaker from local Human Resources department
Completed Job Lead Cards
Completed Job Application
Completed Personal Data Sheet/Resume
Completed Working Papers
Poster/Brochure on Interviewing Tips
Unit Test
Personal Portfolio
“Knowledge Matters – Personal Finance” Teachers Guide, 2008, Knowledge Matters, Florence, MA.
“Personal Finance: A Lifetime Responsibility” by Dungan & Kimbrell, EMC Publishing, St Paul, MN, 2009.
Student Textbook, Teachers Annotated Textbook, Math Skills Workbook (Student and Teacher’s
versions),Student Activities Workbook (Student and Teacher’s versions)
“Financial Literacy for Teens” by Chad Foster, Rising Books, Conyers, GA, 2004.
“Checking Account Simulation” INTERNAL TRAINING SERVICES, LLC, Media, PA
“Introduction to Insurance Forms” INTERNAL TRAINING SERVICES, LLC, Media, PA
“Life In...United States – A Family Finance Simulation”, Family Economics & Financial Education,
September 2004
Videos/DVD’s
o Are you Ready to Live on Your Own?
o Careful With Credit
o It's Your Money: Financial Flight School
o Stash that Cash: Budgeting, Savings & Investing for Teens
o Debt Stress: Teen Budgeting
o "21st Century Money Management Video Series
o "Buying the Basics Video Series”
o "Managing Your Personal Finances Video Series Value Pack DVD"
o Money Matters: Mastering Basic Money Management. Linx Educational Publishing, 2004.
4
Suggested Tech Integration
Content Vocabulary
Lifelong Learning/21st Century Skills
 “Knowledge Matters – Personal Finance” Simulation Software, 2008, Knowledge Matters, Florence, MA.
 Online Financial Calculators
 Microsoft Office
Wages, salary, tip, commission, entrepreneur, sole proprietorship, partnership, corporation, investing, grants, royalties,
inheritance, plan of action, job leads, networking, application form, personal data sheet, work permit, resume,
keywords, cover letter, W-4, W-2, allowances, exemptions, company policy handbook, gross pay, net pay, overtime,
deductions, flextime, job sharing, telecommuting, WiFi, community college, trade school, apprenticeship,
 Productive habits of mind
 Read critically for a variety of purposes
 Core Ethical Values
 Quality work
 Communicate effectively
5
Managing Your Money
Essential Understandings:
1. Establishing healthy financial habits early in life helps you to achieve your personal and financial goals
2. Your money can be shared, saved or spent
3. What you choose to do with your money should match your personal values
Content Standards: Sources: National Standards in Personal Finance Education, The Jump$tart Coalition for Personal Financial Literacy, 919 18th Street, N.W. Suite 300 Washington, DC
20006, http://www.jumpstartcoalition.org/guide.html, retrieved April 3, 2009.
1. Take responsibility for personal financial decisions.
2. Find and evaluate financial information from a variety of sources.
3. Make financial decisions by systematically considering alternatives and consequences.
4. Develop communication strategies for Understanding financial issues.
5. Control personal information.
6. Explore career options.
7. Identify sources of personal income.
8. Understand factors affecting take-home pay.
9. Develop a plan for spending and saving.
10. Develop a system for keeping and using financial records.
11. Understand how to use different payment methods.
12. Apply consumer skills to purchase decisions.
13. Consider charitable giving.
14. Develop a personal financial plan.
15. Identify the costs and benefits of various types of credit.
16. Understand the purpose of a credit record and identify borrowers' credit report rights.
17. Understand ways to avoid or correct debt problems.
18. Identify common types of risks and basic risk management methods.
19. Understand how saving contributes to financial well-being.
20. Understand how investing builds wealth and helps meet financial goals.
21. Understand how taxes affect the rate of return on investments.
22. Investigate how agencies that regulate financial markets protect investors.
Essential Question: What money management skills lead to successful personal financial management?
6
Learning Goals: Students will:
Understand the importance of allotting some of your earnings to savings
Understand how spending should reflect your value system
Know the steps in setting up a financial plan
Understand how to tell whether you are moving toward you goals and how to know when you have achieved them
Understand the importance of sharing money and time with a cause you believe in
Know causes you feel strongly about and identify one thing you would do to make the world a better place
Know three ways to share time or money with a worthy cause
Understand why most financial record-keeping systems have various components and know what those components might be
Understand how a computer might make financial record keeping easier
Know the major kinds of taxes and understand which ones affect you
Know how to pay income taxes
Know how to complete income tax forms
Understand the importance of setting financial goals
Understand the importance of linking values with goals
Understand the differences between short, medium and long-term goals
Understand planning involved in sharing and savings goals
Understand what a budget is
Understand what can be learned from adults who have achieved financial success
Understand why you should include sharing and savings in budgets
Understand fixed vs. variable expenses
Understand which income should be included in a budget
Understand the effect of unexpected gifts in a budget
Estimate income and expenses
Understand how to protect yourself from large, unexpected expenses
Understand the features of a good budget
7
Understand the impact of not sticking to your budget
Understand what should be done of a budget isn’t working
Understand how checking accounts work
Understand banks vs. credit unions
Understand why a bank prefers customers to use ACH transactions vs. checks
Identify different types of checking accounts
Know checking account features
Know alternatives to writing traditional checks
Understand how and when checks affect the checkbook balance
Understand debit vs. credit cards
Understand fees that banks may charge against checking accounts
Understand requirements to opening a checking account
Understand electronic banking
Know how to determine checking account balances
Reconcile a bank account balance at the end of a month
8
Suggested Strategies
Suggested Assessments
Suggested Resources
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Suggested Tech Integration
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Knowledge Matters Personal Finance Simulation: Paying Your Taxes
Knowledge Matters Personal Finance Simulation: Budgeting & Saving
Knowledge Matters Personal Finance Simulation: Choosing & Balancing A Checking Account
Knowledge Matters Personal Finance Simulation: Using Online Banking
Manual Checking Simulation
Unit Test
Manual Checking Simulation
Checking Account Comparison Research Project
Credit Card Comparison Research Project
Personal Portfolio
“Knowledge Matters – Personal Finance” Teachers Guide, 2008, Knowledge Matters, Florence, MA.
“Personal Finance: A Lifetime Responsibility” by Dungan & Kimbrell, EMC Publishing, St Paul, MN, 2009.
Student Textbook, Teachers Annotated Textbook, Math Skills Workbook (Student and Teacher’s
versions),Student Activities Workbook (Student and Teacher’s versions)
“Financial Literacy for Teens” by Chad Foster, Rising Books, Conyers, GA, 2004.
“Checking Account Simulation” INTERNAL TRAINING SERVICES, LLC, Media, PA
“Life In...United States – A Family Finance Simulation”, Family Economics & Financial Education,
September 2004
Videos/DVD’s
o It's Your Money: Financial Flight School
o Stash that Cash: Budgeting, Savings & Investing for Teens
o Debt Stress: Teen Budgeting
Managing Your Personal Finances Video Series Value Pack DVD"
Money Matters: Mastering Basic Money Management. Linx Educational Publishing, 2004.
Knowledge Matters Personal Finance Simulation
Microsoft Office (Word, Excel)
Internet Webquests
Handheld and online financial calculators
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Content Vocabulary
Lifelong Learning/21st Century Skills
Overdraft fee, income, expenses, sharing, saving, spending, philanthropy, charities, altruism, service-learning,
financial records, taxes, sales tax, property tax, estate tax, income tax, withholding, Social Security, adjusted gross
income, tax deductions, budget, short term goals, medium term goals, long term goals, savings account, checking
account, interest, check, debit card, commercial banks, savings and loans, credit unions, payday lenders, financial
transactions, deposit, withdrawal, debit, credit transfer, loan, ACH, ATM, stop payment order,
 Productive habits of mind
 Collaborate and co-operate
 Read critically for a variety of purposes
 Core Ethical Values
 Quality work
 Access and process information
 Communicate effectively
10
Saving and Investing
Essential Understandings:
1. Pay yourself first
2. Make saving a habit
3. Different savings vehicles carry different risks
Content Standards: Sources: National Standards in Personal Finance Education, The Jump$tart Coalition for Personal Financial Literacy, 919 18th Street, N.W. Suite 300 Washington, DC
20006, http://www.jumpstartcoalition.org/guide.html, retrieved April 3, 2009.
1. Take responsibility for personal financial decisions.
2. Find and evaluate financial information from a variety of sources.
3. Make financial decisions by systematically considering alternatives and consequences.
4. Control personal information.
5. Identify sources of personal income.
6. Organize personal finances and use a budget to manage cash flow.
7. Develop a plan for spending and saving.
8. Develop a system for keeping and using financial records.
9. Understand how to use different payment methods.
10. Apply consumer skills to purchase decisions.
11. Consider charitable giving.
12. Develop a personal financial plan.
13. Understand ways to avoid or correct debt problems.
14. Summarize major consumer credit laws.
15. Understand how saving contributes to financial well-being.
16. Understand how investing builds wealth and helps meet financial goals.
17. Evaluate investment alternatives.
18. Understand how to buy and sell investments.
19. Understand how taxes affect the rate of return on investments.
20. Investigate how agencies that regulate financial markets protect investors.
Essential Question: Why would a successful personal financial plan include saving and investing?
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Learning Goals: Students will:
Understand typical teen savings goals
Understand saving for a purchase vs. charging a purchase
Determine length of time required to save money for specific goals
Understand different types of savings accounts
Understand and compute compounding interest on account balances
Understand stocks vs. bonds
Understand mutual funds and their associated risks
Know and understand several investments other than stocks, bonds, and mutual funds
Understand real estate investments
Understand sources of retirement income other than Social Security
Understand multiple ways to learn more about investing
Locate and understand information on a company’s financial performance
12
Suggested Strategies
Suggested Assessments
Suggested Resources
Suggested Tech Integration
Content Vocabulary
Lifelong Learning/21st Century Skills
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Create a Personal Savings Plan
Unit Test
Savings Products Comparison Research Project
Personal Portfolio
Knowledge Matters Personal Finance Simulation
“Life In...United States – A Family Finance Simulation”, Family Economics & Financial Education,
September 2004
 “Knowledge Matters – Personal Finance” Teachers Guide, 2008, Knowledge Matters, Florence, MA.
 “Personal Finance: A Lifetime Responsibility” by Dungan & Kimbrell, EMC Publishing, St Paul, MN, 2009.
Student Textbook, Teachers Annotated Textbook, Math Skills Workbook (Student and Teacher’s
versions),Student Activities Workbook (Student and Teacher’s versions)
 “Financial Literacy for Teens” by Chad Foster, Rising Books, Conyers, GA, 2004.
 Knowledge Matters Personal Finance Simulation: Intro to Investing, Risk v. Return
 Handheld and online financial calculators
 Microsoft Office
Savings plan, discretionary income, liquidity, CS’s, money market account, securities, savings bonds, compounding
interest, annual percentage yield (APY), return, rule of 72, stocks, bonds, dividends, capital gain, common stock,
preferred stock, NYSE, NASDAQ, blue chip stocks, Dow Jones Industrial Average, bull market, bear market, S&P
500, Fortune 500, futures, commodities, options, penny stocks, mutual funds, no-load funds, load funds, real estate,
collectibles, pension, vested, profit-sharing plan, stock-bonus plan, 401k, 403b, IRA’s, Roth IRA, SEP-IRA, broker,
financial adviser, annual report
 Productive habits of mind
 Collaborate and co-operate
 Read critically for a variety of purposes
 Core Ethical Values
 Quality work
 Access and process information
 Communicate effectively
13
Spending Wisely
Essential Understandings:
1. Separating your needs from your wants will help in making wise financial decisions
2. Investing time to research purchases will help reduce personal spending
3. Total cost of goods and services involve more than just the purchase price
Content Standards: Content Standards: Sources: National Standards in Personal Finance Education, The Jump$tart Coalition for Personal Financial Literacy, 919 18th Street, N.W. Suite 300
Washington, DC 20006, http://www.jumpstartcoalition.org/guide.html, retrieved April 3, 2009.
1. Take responsibility for personal financial decisions.
2. Find and evaluate financial information from a variety of sources.
3. Summarize major consumer protection laws.
4. Make financial decisions by systematically considering alternatives and consequences.
5. Control personal information.
6. Explore career options.
7. Identify sources of personal income.
8. Understand factors affecting take-home pay.
9. Develop a plan for spending and saving.
10. Develop a system for keeping and using financial records.
11. Understand how to use different payment methods.
12. Apply consumer skills to purchase decisions.
13. Develop a personal financial plan.
14. Understand ways to avoid or correct debt problems.
15. Summarize major consumer credit laws.
16. Identify common types of risks and basic risk management methods.
Essential Question: Why do we buy the things we buy? How can we improve our spending habits and choices to build a successful
financial plan?
Learning Goals: Students will:
Understand the difference between needs v. wants
Know factors to consider when going comparison shopping
Understand marketing tools/tactics used by companies to encourage overspending
Understand effective advertising elements
Understand brands
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Understand how companies capture consumers’ interests
Understand why so many advertisements target young people
Understand product warranties
Understand the kinds of information provided by consumer advocate groups
Understand planning for smart buying decisions
Research and understand mass transit
Understand the most common form of private transportation
Create a list of estimated costs of car ownership
Research automobile makes and models
Understand how to search for a used car
Create a list of items to check for when examining a used car
Understand reasons to NOT buy a car
Understand the purpose and application of lemon laws
Understand preventative maintenance and give examples
Research reliable automobile service stations
Know and understand common expenses associated with moving into an apartment
Know and understand three common types of housing structures
Understand reasons why people might choose renting vs. home ownership
Understand and calculate down payments
Understand why someone might offer more than the asking price for a home
Research and understand the different types of mortgage products
Understand which mortgage type presents the least risk to the homebuyer
Understand current food buying trends
Understand product label nutritional information
Understand how to judge the freshness of foods
Calculate and Understand clothing expenses as a percentage for a typical family
Understand how to check for quality in clothing purchases
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Know locations to find bargains on new clothes
Understand influences in the clothing buying process
Understand the consumer movement of the early 1960’s
Understand ways that manufacturers communicate with consumers
Know how consumers can provide feedback to companies about their products
Identify government agencies that address consumer issues
Know the four basic consumer rights
Understand how competition among producers helps consumers
Understand ways to resolve disputes with a producer or seller
Understand how to recognize pyramid schemes, phishing, and other type of consumer fraud
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Suggested Strategies
Suggested Assessments
Suggested Resources
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Create a Personal Spending Plan
Product Warranty Comparison Project
Consumer Protection Webquest
Project Portfolio
Unit Test
Knowledge Matters Personal Finance Simulation
“Life In...United States – A Family Finance Simulation”, Family Economics & Financial Education, September
2004
“Knowledge Matters – Personal Finance” Teachers Guide, 2008, Knowledge Matters, Florence, MA.
“Personal Finance: A Lifetime Responsibility” by Dungan & Kimbrell, EMC Publishing, St Paul, MN, 2009.
Student Textbook, Teachers Annotated Textbook, Math Skills Workbook (Student and Teacher’s
versions),Student Activities Workbook (Student and Teacher’s versions)
“Financial Literacy for Teens” by Chad Foster, Rising Books, Conyers, GA, 2004
"Buying the Basics Video Series (Includes all 3 videos)"
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Money Matters: Mastering Basic Money Management. Linx Educational Publishing, 2004.
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Suggested Tech Integration
Content Vocabulary
 Knowledge Matters Personal Finance Simulation: Shopping
 Knowledge Matters Personal Finance Simulation: Finding an Apartment
 Knowledge Matters Personal Finance Simulation: Buying a Car
 Consumer Protection Webquest
 Microsoft Office
 Handheld and online financial calculators
Consumers, comparison shopping, opportunity cost, brand, advertising agencies, marketing tactics, mass transit, commuter
service, public transportation, Amtrak, Blue Book, preventative maintenance, MPG, depreciation, trade-ins, repossessed,
VIN number, title, invoice price, sticker price, lemon laws, cosign, dormitory, multifamily housing, condomin8ium,
manufactured homes, landlord, tenant, security deposit, housing subsidies, equity, mortgage, collateral, foreclosure,
preapproval, fixed rate mortgage, adjustable rate mortgage (ARM), escrow account, liens, deed, organic foods, UPC code,
national brands, house brands, generics, pack date, pull date, expiration date, unit pricing, caveat emptor, boycott, product
standards, deregulation, fraud
17
Lifelong Learning/21st Century
Skills
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Productive habits of mind
Collaborate and co-operate
Read critically for a variety of purposes
Core Ethical Values
Quality work
Access and process information
Communicate effectively
18
Credit and Debt
Essential Understandings:
1. Consumer credit has become an important part of the American economy.
2. There are many advantages and disadvantages to using credit.
3. A person’s credit score is a reflection of their reliability in managing and paying back money
Content Standards: Content Standards: Sources: National Standards in Personal Finance Education, The Jump$tart Coalition for Personal Financial Literacy, 919 18th Street, N.W. Suite 300
Washington, DC 20006, http://www.jumpstartcoalition.org/guide.html, retrieved April 3, 2009.
1. Take responsibility for personal financial decisions.
2. Find and evaluate financial information from a variety of sources.
3. Make financial decisions by systematically considering alternatives and consequences.
4. Develop communication strategies for Understanding financial issues.
5. Control personal information.
6. Identify sources of personal income.
7. Develop a plan for spending and saving.
8. Develop a system for keeping and using financial records.
9. Understand how to use different payment methods.
10. Apply consumer skills to purchase decisions.
11. Develop a personal financial plan
12. Identify the costs and benefits of various types of credit.
13. Understand the purpose of a credit record and identify borrowers' credit report rights.
14. Understand ways to avoid or correct debt problems.
15. Summarize major consumer credit laws.
13. Identify common types of risks and basic risk management methods.
Essential Question: Why is managing personal credit and debt essential to successful financial management?
Learning Goals: Students will:
Understand the advantages and disadvantages of using credit
Understand what can be done to avoid credit fraud and identity theft
Understand current types of credit currently available
Understand revolving credit accounts
Identify good sources of loans
Know four factors to be considered when figuring out the cost of credit
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Understand credit card contracts vs. loan contracts
Know four laws that protect the consumer in credit transactions
Identify the warning signs of becoming overly indebted
Understand actions to take to get debt under control
Understand how a credit counselor assists people in solving their money problems
Suggested Strategies
Suggested Assessments
Suggested Resources
Suggested Tech Integration
Content Vocabulary
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Compare Loan Sources and Costs
Complete applications for credit cards, auto loans, personal loans, revolving credit
Write a dispute letter to a creditor
Unit Test
Personal Portfolio
Completed loan/credit applications
Essay on how to establish and maintain a favorable credit rating
Knowledge Matters Personal Finance Simulation
“Life In...United States – A Family Finance Simulation”, Family Economics & Financial Education, September
2004
 “Knowledge Matters – Personal Finance” Teachers Guide, 2008, Knowledge Matters, Florence, MA.
 “Personal Finance: A Lifetime Responsibility” by Dungan & Kimbrell, EMC Publishing, St Paul, MN, 2009.
Student Textbook, Teachers Annotated Textbook, Math Skills Workbook (Student and Teacher’s
versions),Student Activities Workbook (Student and Teacher’s versions)
 “Financial Literacy for Teens” by Chad Foster, Rising Books, Conyers, GA, 2004
 DVD “Careful With Credit”
 Money Matters: Mastering Basic Money Management. Linx Educational Publishing, 2004.
 Knowledge Matters Personal Finance Simulation: Getting a Credit Card
 Knowledge Matters Personal Finance Simulation: Fixing Your Credit
 Handheld and online financial calculators
 Microsoft Office
Grace period, universal default, bankruptcy, credit fraud, identity theft, creditors, installment credit, credit cards, annual
percentage rate (APR), revolving account, secured loans, line of credit, loan consolidation, loan sharks, principal, finance
charges, appraisal, origination fee, assets, liabilities, net worth, credit bureau, money order, credit counselors, debt
management plan (DMP), garnishment
20
Lifelong Learning/21st Century
Skills
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





Productive habits of mind
Collaborate and co-operate
Read critically for a variety of purposes
Core Ethical Values
Quality work
Access and process information
Communicate effectively
21
Financial Risk Management
Essential Understandings:
1. Insurance protects consumers financially from risks
2. Smart insurance choices are part of a successful financial plan
Content Standards: Content Standards: Sources: National Standards in Personal Finance Education, The Jump$tart Coalition for Personal Financial Literacy, 919 18th Street, N.W. Suite 300
Washington, DC 20006, http://www.jumpstartcoalition.org/guide.html, retrieved April 3, 2009.
1. Take responsibility for personal financial decisions.
2. Find and evaluate financial information from a variety of sources.
3. Make financial decisions by systematically considering alternatives and consequences.
4. Develop communication strategies for Understanding financial issues.
5. Develop a plan for spending and saving.
6. Develop a system for keeping and using financial records.
7. Apply consumer skills to purchase decisions.
8. Develop a personal financial plan.
9. Examine the purpose and importance of a will.
10. Identify common types of risks and basic risk management methods.
11. Understand the purpose and importance of property and liability insurance protection.
12. Understand the purpose and importance of health, disability, and life insurance protection.
13. Investigate how agencies that regulate financial markets protect investors.
Essential Question: Why are insurance products an important part of a healthy financial plan?
Learning Goals: Students will:
Understand the basic types of car insurance coverage
Understand ways to control car insurance premiums
Know steps to take in the event of an automobile accident
Understand the four types of coverage found in a standard homeowner’s policy
Understand the types of events covered under homeowners liability insurance
Understand why renters need property insurance
Know discounts available to policyholders
Identify three situations that are considered “high risk” by insurance companies
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Understand the types of health care coverage
Understand how to get good insurance if it is not offered by the employer
Understand managed care
Understand what is covered under disability insurance
Understand why a young person should consider life insurance
Understand annuities
Suggested Strategies
Suggested Assessments
Suggested Resources
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Guest Speaker from insurance industry
Automobile Insurance Comparison Project
Health Insurance Comparison Project
Homeowners/Renters Insurance Comparison Project
Knowledge Matters Personal Finance Simulation
“Life In...United States – A Family Finance Simulation”, Family Economics & Financial Education,
September 2004
“Knowledge Matters – Personal Finance” Teachers Guide, 2008, Knowledge Matters, Florence, MA.
“Personal Finance: A Lifetime Responsibility” by Dungan & Kimbrell, EMC Publishing, St Paul, MN, 2009.
Student Textbook, Teachers Annotated Textbook, Math Skills Workbook (Student and Teacher’s versions)
,Student Activities Workbook (Student and Teacher’s versions)
“Financial Literacy for Teens” by Chad Foster, Rising Books, Conyers, GA, 2004

“Introduction to Insurance Forms” INTERNAL TRAINING SERVICES, LLC, Media, PA
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
Suggested Tech Integration
Content Vocabulary
 Knowledge Matters Personal Finance Simulation
 Handheld and online financial calculators
 Microsoft Office
Liability, bodily injury, property damage, collision, deductible, comprehensive, medical payments, personal injury
protection (PIP), endorsement exclusions, premium, structural damage coverage, personal property coverage,
replacement cost coverage, Fair Access to Insurance Requirements (FAIR) Plan, coinsurance, co-pay, COBRA,
Medicare, Medicaid, managed care, health savings account (HSA), flexible spending account, disability insurance,
beneficiary, term life insurance, whole life insurance, annuity,
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Lifelong Learning/21st Century Skills







Productive habits of mind
Collaborate and co-operate
Read critically for a variety of purposes
Core Ethical Values
Quality work
Access and process information
Communicate effectively
24