“It’ll Never Happen To Me…”

Slides:



Advertisements
Similar presentations
Home Insurance Charts show annual (yearly) fees. Fees are based on replacement value (not market value). For HOUSES use Homeowners chart. vs. For APARTMENTS.
Advertisements


States of the World In this section we introduce the notion that in the future the outcome in the world is not certain. Plus we introduce some related.
Risk Valuation First, we need to identify the risks Second, we need to value the risks To do that, we need to KNOW the losses AND the probabilities with.
Protecting people, property and the environment Protect Who You Most Care About Fit Automatic Fire Sprinklers.
Insurance Personal Insurance. How insurance works PREMIUMS COMPENSATION INVESTMENTS EXPENSES INSURANCE.
Introduction to Probability and Risk
(a) (b) (c) (d). What is (1,2,3)  (3,4,2)? (a) (1, 2, 3, 4) (b) (1,2)  (3,4) (c) (1,3,4,2) (d) (3,1)  (4,2)
Mohammed Alqahtani. What is the disaster?  A disaster is An event suddenly and unpredictably happened and caused huge damage, loss or destruction in.
MODAL VERBS POSSIBILITY. - isn’t can’t be could be may/might be must be is +
Insurance Why would I insure the contents of my house ? I may be burgled I may damage my carpets My freezer may stop working and I could loose all my food.
0 Personal Finance Unit 4 Chapter 13 © 2007 Glencoe/McGraw-Hill DISASTROUS RESULTS Events such as hurricanes and tornados can cause widespread devastation.
Georgia Council on Economic Education w w w. g c e e. o r g How to Really Be a Millionaire Lesson 1.
Have you ever wondered what home insurance is and why you need it ?
Questions to Consider What is the difference between Insurance and assurance? Please use an example in your answer. Explain the 5 principles of insurance?
IDENTITY THEFT: WHO’S AT FAULT? ERIC LAMBERT. THESIS I BELIEVE THAT IDENTITY THEFT IS A HUGE PROBLEM THAT IS AFFECTING SOCIETY AND THAT WE NEED TO FIND.
Unit 9 Unusual Happenings Unit 10 Disasters. Questions for discussion 1. Have you had any unusual experiences? Have you read or heard about any unusual.
$1,000 $500 $300 $200 $100 Welcome to Who Wants to be a Millionaire 50:50 6 $1 Million.
DUTY  Duty: something that one is expected or required to do by moral or legal obligation.  List 5 “Duties” you have in your life right now….. (come.
Produced by MEI on behalf of OCR © OCR 2013 Introduction to Quantitative methods Probability and risk © OCR 2014.
 decimals/cc-7th-fracs-to-decimals/v/converting-fractions-to-decimals-example.
You Booze You Lose. You Drink & Drive You might not be alive.
A Picture is Worth a Thousand Words. You are a Detective Observe the clues of your environment. Only by looking determine what is happening around you.
Who Wants To Be A College Algebra Millionaire? Question 9 (Worth $1,000)
$1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome.
Homeowner’s/Renter’s Insurance Homeowner’s Insurance combines property and liability insurance into one policy to protect a home from damage costs due.
Shelter and Non Food Relief Destroyed - 860,000 (GOB statistics as of 1 Augu Damaged million ( “ ) Human cost: 19.9 million people are homeless 
$1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome.
Exponential and Logarithmic Functions.
Homeowner’s/Renter’s Insurance  Homeowner’s Insurance combines property and liability insurance into one policy to protect a home from damage costs due.
Mrs. A. Smith Risk Management.
Insurance Personal Financial Management. Insurance and Risk Management Introduction Activity: With a partner. Read p. 501 Explore Insurance Options. 1.
Changes in Habitats Objective: Describe how fires, floods, and human activity can change animals’ habitats.
By Pedro What This means making less rubbish and not using as much energy. This means we have to find other uses for things instead of throwing them.
$1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome.
Chelsea, Jessica, Austin, Forrest, Brittany, and Kaitlyn.
Are You Over or Under Insured? Over or Under Insured Axis Capital Group Insurance Jakarta, Hong Kong, Kuala Lumpur.
Math vs. Aftermath: The Challenges of using Science as a Counterweight to Social Sentiment Sandra K. Knight, PhD, PE, D.WRE Deputy Administrator for Mitigation.
Risk and Business Continuity Manager
Who Lives in a Flood Zone? You Do!
Welcome to Who Wants to be a Millionaire
YouR BUSINESS & SUSPICIOUS TRANSACTIONS
Sharing experiences and Explaining choices
Affordable Car Insurance Lexington SC
2nd Conditional.
Chapter 2 Managing Risk.
ANGER ANGER ANGER Acceptance HATRED HATRED HATRED Justice Justice
Who Wants to be a Millionaire ?
Welcome to Who Wants to be a Millionaire
Who Wants To Be A Millionaire?
Would you rather… Be too hot or too cold?.
Midterm 2 Review.
The Trouble with Chocolate Bunnies: Using Insurance to Manage Risk
Never again! Insurance and how to avoid holiday horrors!
EDUCATION less likely to skip school more likely to enroll in college Young adults who are at risk for falling off track but had a mentor are:
HOW MUCH DO FIRE ANTS COST?
Comprehensive Test tomorrow Maintenance Sheet 25 Due
Can you name these different types of disaster?x
Example A: Mr. Jordan wins $3,570,000 in a lottery
Midterm 2 Review.
Homeowner’s/Renter’s Insurance
Home and Motor Vehicle Insurance
Fluency Phrases.
Logical Fallacies (OMG! Amazing!). Logical Fallacies (OMG! Amazing!)
Welcome to Who Wants to be a Millionaire
Welcome to Who Wants to be a Millionaire
I do belive something happens.
Presentation transcript:

“It’ll Never Happen To Me…” Or : “what are the odds of that happening…?”

…Of winning the National Lottery? 1 in 14 million

…Becoming a millionaire? There are around 500,000 people worth a million quid in the UK

…Having Twins? 3 in 100

Or experiencing flood damage? 5 million people in the UK live in the 2 million homes that have a flood risk

ALMOST A CERTAINTY! But what are the odds… Of needing household insurance at some point in your life, because of either:- ٭ Crime or ٭ Fire or ٭ Flood or ٭ Something else? ALMOST A CERTAINTY!

What percentage of people in the UK do not have household insurance? 40 %