Insurance basics explained in plain words

Videos in this playlist

1. 1How insurance works | Insurance | Financial mathematics (TX TEKS) | Khan AcademyKhan AcademyPlay from here Loop
2. 2Insurance terminology | Insurance | Financial mathematics (TX TEKS) | Khan AcademyKhan AcademyPlay from here Loop
3. 3The Counterintuitive Psychology of Insurance | Orit Tykocinski | TEDTEDPlay from here Loop
4. 4How good are you at calculating risk? - Gerd GigerenzerTED-EdPlay from here Loop
5. 5Real world: Insurance and You | Teacher resources | Financial Literacy | Khan AcademyKhan AcademyPlay from here Loop
6. 6How To Know You NEED Insurance!The Money Guy ShowPlay from here Loop
7. 7When to Buy Insurance | Consumer ReportsConsumer ReportsPlay from here Loop
8. 8Health insurance primerKhan AcademyPlay from here Loop
9. 9Health insurance terms explained | Insurance | Financial mathematics (TX TEKS) | Khan AcademyKhan AcademyPlay from here Loop
10. 10Types of health insurance plans | Insurance | Financial Literacy | Khan AcademyKhan AcademyPlay from here Loop
11. 11Health insurance costs | Insurance | Financial mathematics (TX TEKS) | Khan AcademyKhan AcademyPlay from here Loop
12. 12I'm Young & Healthy, Can I Skip Health Insurance?Two CentsPlay from here Loop
13. 13Introduction to life insurance | Insurance | Financial mathematics (TX TEKS) | Khan AcademyKhan AcademyPlay from here Loop
14. 14Group, term and whole life insurance | Insurance | Financial Literacy | Khan AcademyKhan AcademyPlay from here Loop
15. 15Is Life Insurance Worth It?NerdWalletPlay from here Loop
16. 16When Does It Make Sense to Buy Life Insurance?The Money Guy ShowPlay from here Loop
17. 17When Don't You Need Life Insurance?The Money Guy ShowPlay from here Loop
18. 18Is Whole Life Insurance a Scam?Two CentsPlay from here Loop
19. 19Do You Need Permanent Life Insurance?Ben FelixPlay from here Loop
20. 20Disability and long term care insurance | Insurance | Financial mathematics (TX TEKS) | Khan AcademyKhan AcademyPlay from here Loop
21. 21Why some drivers pay more for car insurance | Financial mathematics (TX TEKS) | Khan AcademyKhan AcademyPlay from here Loop
22. 22Comprehensive vs. Liability Car Insurance: Which Should You Buy?The Money Guy ShowPlay from here Loop
23. 23How To Choose The Right Home and Auto Deductible #AskTheMoneyGuyThe Money Guy ShowPlay from here Loop
24. 24Martin Lewis on How to Choose Home InsuranceMartin LewisPlay from here Loop
25. 25Young Money: Get Renters Insurance! | CNBCCNBCPlay from here Loop
26. 265 Ways to Save on Car Insurance | Consumer ReportsConsumer ReportsPlay from here Loop
27. 27Martin Lewis: Why you should always get your Travel Insurance ASAB!Martin LewisPlay from here Loop
28. 28Rose Goslinga: Crop insurance, an idea worth seedingTEDPlay from here Loop
29. 29Car insurance claims | Insurance | Financial Literacy | Khan AcademyKhan AcademyPlay from here Loop
30. 30Filing a life insurance claim | Insurance | Financial Literacy | Khan AcademyKhan AcademyPlay from here Loop
31. 31Are There Holes in Your Insurance Safety Net? | The Deep Dive | S1 E21InvestopediaPlay from here Loop
32. 32How to Avoid Medical Debt!Two CentsPlay from here Loop

How does insurance work?

Many people pay a regular premium into a shared pool, and the insurer pays out to those who suffer a covered loss. You usually pay a deductible, or excess, first. Insurance is for losses you could not easily afford yourself, not small costs you can cover from savings.

How do I use RepeatWatch to understand my policy?

A–B loop the explanation of a term you see on your own policy, such as premium, deductible or exclusion. Slow it to 0.75× to take notes, and save sections on keys 1–9 for the types of cover you are comparing.