Tools for Insuring

What is Insuring?

Insuring is protecting yourself from a negative situation. If you recognize a risk in life you can sometimes buy insurance to protect yourself from that risk.

People buy insurance to protect themselves and their belongings. Cars, cell phones, houses, and pets are just some examples of things that can be insured.

How does Insurance Work?

For a reminder of how Insurance works, Re -watch the attached Video on Insurance.

https://drive.google.com/file/d/1xEySo7xUlxls0A520zZKK2sK7obvNR-H/view?usp=sharing


Grade Insurance

In this class, you can buy Grade Insurance. Grade Insurance protects students from the unexpected loss of XP$ due to fines, illness, extended absence, family obligations etc.

Cost of Grade Insurance

The cost of Grade Insurance is XP$500.

This is a one time offer. (Only one payment is made.)

The payment can be billed to your Bank Account.


What does it do?

Grade Insurance Pays XP$1,000 if used on the last day of the cycle.

We can use this Grading Scale to work on some examples.


How do I use my Insurance?

Simply present your insurance card to a Banker on the LAST DAY and they will process the Insurance request. XP$ are put directly in your online bank account.

If you need extra XP$ to buy the Grade you want, the insurance will give you the money

Click HERE to see a copy of what the Insurance Card looks like.

Grade Insurance Form

You will need to complete this form on the 4th Day of Cycle.

This form can be found in Google Classroom as a Day 4 Assignment.

This form will be posted as  -XP$; 

You don't earn XP$ from this assignment; this is a BILL.

Complete & Submit Assignment through Google Classroom to protect your Grade!

Pay with Marketplace Link

You will need to complete this form on the 4th Day of Cycle.

There is a LINK to the MarketPlace found in the  Day 4 ASSIGNMENT.

STEP 2: Requires you to follow the link & click the $500 at the bottom.

Complete & Submit Assignment through Google Classroom to protect your Grade!