Nội dung text L2 Session 9
CLASS JOURNAL Level 2 - Session 9 FINANCE EDUCATION FOR KIDS OF AGE 8 - 15 CREATED BY IIM CALCUTTA ALUMNI
Insurance: Insurance is like a protective shield for your money. It's something people buy to keep their money safe from unexpected problems.
Explanation: When you have insurance, you pay a little bit of money regularly to a special company. If something bad happens, like you get sick, your car breaks, or something bad happens to your house, this company gives you money to help you fix it. Many people contribute their money to this company, and when someone needs help, the company uses that money to assist them. It's like having a superhero fund for when life gets tough. Types of Insurance: There are different types of insurance for different things. Let's look at three types: ● Health Insurance: This is like having a superhero doctor. If you get sick or need medical help, your health insurance helps pay for your doctor visits, medicine, and treatments. ● Car Insurance: It's like having a superhero mechanic. If your car gets into an accident, car insurance helps you fix it or get a new one. ● Property Insurance: This is like having a superhero for your house. If something bad happens to your home, like a fire or a storm, property insurance helps you repair or rebuild it.
Taxes: Taxes are like a way to help the country you live in. It's money you give to the government to support important things like schools, roads, and hospitals. There are two types of taxes: