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QR Challenge: Banking & Finance S8: Insurance

Created using the ClassTools QR Treasure Hunt Generator

Teacher Notes

A. Prior to the lesson:

1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.

2. If their phone camera doesn't automatically detect and decode QR codes, ask students to

3. Print out the QR codes.

4. Cut them out and place them around your class / school.


B. The lesson:

1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.

2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.

3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!


C. TIPS / OTHER IDEAS

4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.


Questions / Answers (teacher reference)

Question

Answer

1. A practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.Insurance
2. Oversees insurance dealing in the state of Utah.Utah State Insurance Department
3. A person who sells insurance for one or more companies.Insurance Agent
4. A person an insurance company hires to settle claims.Claims Adjuster
5. The policyholder or person(s) protected in case of a loss/claim.Insured
6. The insurance company.Insurer
7. A basic requirement for an insurance company to issue a policy. Entities not subject to financial loss from an event cannot purchase an insurance policy to cover that event.Insurable Interest
8. The contract form issued by the company to explain the coverage provided. It is a legal document.Policy
9. Amendments to the policy used to add, change, or delete coverage. Also referred to as a "rider."Riders/Endorsements
10. The price charged for insurance.Premium
11. The amount you agree to pay on each loss before your insurance company pays. Deductible
12. Your request for the insurance company to pay you an amount under the terms of your policy for a covered peril.Claim
13. Generally, a beneficiary is a person who receives benefit from a particular entity (say trust) or a person.Beneficiary
14. An estimate of damages you provide to an insurance company to support your claim. Insurance companies often use this document to figure how much they will pay.Proof of Loss
15. After negotiating, the amount you agree to accept from the insurance company as full payment for your loss.Settlement
16. any act committed with the intent to obtain a fraudulent outcome from an insurance process.Insurance Fraud

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q1/16:

A practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.&choe=UTF-8

Question 1 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q2/16:

Oversees insurance dealing in the state of Utah.&choe=UTF-8

Question 2 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q3/16:

A person who sells insurance for one or more companies.&choe=UTF-8

Question 3 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q4/16:

A person an insurance company hires to settle claims.&choe=UTF-8

Question 4 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q5/16:

The policyholder or person(s) protected in case of a loss/claim.&choe=UTF-8

Question 5 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q6/16:

The insurance company.&choe=UTF-8

Question 6 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q7/16:

A basic requirement for an insurance company to issue a policy. Entities not subject to financial loss from an event cannot purchase an insurance policy to cover that event.&choe=UTF-8

Question 7 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q8/16:

The contract form issued by the company to explain the coverage provided. It is a legal document.&choe=UTF-8

Question 8 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q9/16:

Amendments to the policy used to add, change, or delete coverage. Also referred to as a "rider."&choe=UTF-8

Question 9 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q10/16:

The price charged for insurance.&choe=UTF-8

Question 10 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q11/16:

The amount you agree to pay on each loss before your insurance company pays. &choe=UTF-8

Question 11 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q12/16:

Your request for the insurance company to pay you an amount under the terms of your policy for a covered peril.&choe=UTF-8

Question 12 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q13/16:

Generally, a beneficiary is a person who receives benefit from a particular entity (say trust) or a person.&choe=UTF-8

Question 13 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q14/16:

An estimate of damages you provide to an insurance company to support your claim. Insurance companies often use this document to figure how much they will pay.&choe=UTF-8

Question 14 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q15/16:

After negotiating, the amount you agree to accept from the insurance company as full payment for your loss.&choe=UTF-8

Question 15 (of 16)

 



Banking & Finance S8: Insurance: QR Challenge

https://www.classtools.net/QR/decode.php?text=Banking & Finance S8: Insurance
Q16/16:

any act committed with the intent to obtain a fraudulent outcome from an insurance process.&choe=UTF-8

Question 16 (of 16)