UPDATED: Feb 25, 2020
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn't influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance related. We update our site regularly, and all content is reviewed by life insurance experts.
Do you remember those old School House Rock educational videos? You know, the jams with titles like ‘Conjunction Junction’ and ‘I’m Just a Bill?’ Well, Metropolitan Life Insurance Company (MetLife) has put together an educational video with a similar theme as the School House Rock videos. The topic of the video is risk pooling in insurance. Risk pooling in insurance is a form of risk management in which insureds are ‘pooled’ together to help spread risk and keep any one individual from suffering large losses. It allows protection at a fraction of the cost it would take to do it alone.
Risk pooling is a basic component of insurance and this video does a good job of simplifying the topic. While it may not receive any ‘Kids Choice Awards’ anytime soon, it is still worth the time to watch.