Activity 6.5: It’s in the Numbers
NAME:
DATE:
Directions:
A. Survey 20 of your peers to determine the percentage of individuals who have experienced the
same type of costly event. Pick an event that might potentially involve an insurance claim.
Examples: orthodontic work, sports injury, or lost cellphone.
B. Use data from an online search or survey responses to estimate an average cost per event. Then
calculate an estimate for the entire survey group.
Event
Number of people in group who were impacted
Percentage (number impacted / total surveyed)
Average cost per event
Estimate of potential total cost for survey group
(Average cost per event x number of impacted people)
©2012 National Endowment for Financial Education
High School Financial Planning Program
www.hsfpp.org
Module 6: Insurance
Activity 6.5: It’s In the Numbers