Price a fictional risk transfer

Time: 35 minutes
Goal: Distinguish expected loss from the value of transferring a low-probability loss a household cannot absorb.

Student handout: https://www.financelearn.org/lessons/insurance-risk-transfer/student

Directions:
1. Open the handout and use only its fictional scenario and linked resources.
2. Complete all 5 tasks and show the requested reasoning.
3. Submit the completed handout in the format your teacher names.

Privacy: Do not use personal income, debts, account balances, policy details, names, or identifying information.
No FinanceLearn account is required. Educational material, not financial advice.