"What is State Farm?"
That's what my kid asked on the drive to school. In the next 10 minutes, I gave her a simple, how-it-affected-her lesson.
We went over insurance for our home, we went over insurance for cars, etc.
The other two kids in the car, my 8 year old and the 7 year old neighbor asked good questions:
Can you stop paying it? (Yes, but the company does not have a promise to pay you anymore)
Can you restart paying it? (Yes)
What if you can't pay for car insurance? (You don't get a drivers license)
Tomorrow Maybe we can touch on how math is used in the insurance business!
Talking Insurance with a 6-year-old
January 31st, 2007 at 07:57 pm
January 31st, 2007 at 10:05 pm 1170281128
January 31st, 2007 at 11:28 pm 1170286083