---
title: "SSPFL9: Insurance and Risk Management (Georgia Social Studies standard)"
code: SSPFL9
cite_as: Georgia Standards of Excellence, Social Studies, SSPFL9
subject: social_studies
grades:
  - high-school
language: en
canonical_url: https://georgiahomeroom.org/standards/code/SSPFL9
md_url: https://georgiahomeroom.org/standards/code/SSPFL9.md
alternate_language_url: https://georgiahomeroom.org/es/standards/code/SSPFL9.md
source_url: https://case.georgiastandards.org/ims/case/v1p1/CFDocuments/a446e74c-463e-11e7-94f5-b49cee8b2d8c
source_last_changed: 2025-02-04
data_built: 2026-09-18
publisher: Georgia Homeroom, a free public-interest project of Georgia Civic Data. Not affiliated with or endorsed by the Georgia Department of Education or any school district.
up: https://georgiahomeroom.org/standards/social_studies/high-school.md
index: https://georgiahomeroom.org/standards/index.md
---

# SSPFL9: Insurance and Risk Management

Describe how insurance and other risk-management strategies protect against financial loss.

- Subject: Social Studies
- Appears in: High School, https://georgiahomeroom.org/standards/social_studies/high-school.md

## Expectations

- **SSPFL9.a**: Define insurance as an agreement where one party agrees to pay for another’s damage or loss in exchange for payment.
- **SSPFL9.b**: Define risk as it relates to various assets (i.e. your person, property, or investments).
- **SSPFL9.c**: Describe various types of insurance including automobile, health, life (whole and term), disability, and property.
- **SSPFL9.d**: Review and describe the basic components of a sample automobile, health, and property insurance policy.
- **SSPFL9.e**: Analyze different methods for obtaining health insurance including through an employer, private purchase, Consolidated Omnibus Budget Reconciliation Act (COBRA), and through various health insurance exchanges.
- **SSPFL9.f**: Analyze the costs and benefits associated with different types of insurance, including copays, deductibles, premiums, shared liability, and asset protection.
- **SSPFL9.g**: Define insurability and explain why insurance rates can vary.

## Georgia Milestones coverage

No Georgia Milestones blueprint cites this standard.

Source: Georgia Standards of Excellence, published by the Georgia Department of Education at case.georgiastandards.org.