Insurance Scheme of Work SSS1 Lagos State

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Insurance Scheme of work
Insurance Scheme of work

Access Free Lagos State Senior Secondary School Insurance Scheme of work for SSS1. SS1 Syllabus – Schemeofwork.com

SSS1 Insurance Scheme of Work First Term

WKSTOPICSLEARNING OBJECTIVESLEARNING ACTIVITIESEMBEDDED CORE SKILLSLEARNING RESOURCES
1Introduction of InsuranceBy the end of the lesson, students should be able to:
Explain the meaning of insurance
Identify the parties to an insurance

As a class, students share their views on the meaning of Insurance.
Students, as small groups identity the parties to an Insurance.  
Communication and collaboration.
Critical thinking and problem solving.   
AUDIO VISUAL RESOURCES
Chart placing on the board
Extract from newspapers WEB RESOURCES Site Link www.investopedia.com
2Essential elements of InsuranceBy the end of the lesson, students should be able to:
Identify the essential elements of Insurance contract.
List and analyze the features of Insurance contracts.
Students as a class discuss the essential elements of insurance contract. Students in small groups analyze the features of insurance contract.

Creativity and imagination.
Communication and collaboration skills.

AUDIO VISUAL RESOURCES.
Extract from insurance bulletin
Other instructional materials.
WEB RESOURCES

Site Link www.kullabs.com
3Historical
Development of
Insurance
By the end of the lesson, students should be able to Analyze the pre and post independent Insurance market in Nigeria. Mention three (3). Legislations on InsuranceStudents are divided into major groups to analyse pro and post independent Insurance markets.
Students as a class shire views on the legislation of Insurance.    
Critical thinking and problem solving Communication and collaboration.AUDIO VISUAL
RESOURCES

Pictures
WEB RESOURCES
Site Link
www.investopedia.com  
4Primary and
Secondary
Functions of
Insurance
Benefits.
By the end dl the lesson, students should be able to:
Enumerate the primary and secondary functions of Insurance
Justify the benefits of Insurance.
Students in small groups enumerate, the primary and secondary functions of insurance.   Students in pairs discuss on the benefit of Insurance.

Leadership and personal development
Creativity and Imagination.
Communication and collaboration.
AUDIO VISUAL
RESOURCES
  Chart to show the
benefit of primary insurance
WEB RESOURCES  www.jedunole.com  

5RiskBy the end of the lesson, students should be able to:
Explain the meaning of risks
Identify the types of risks and explain
Students as a class brainstorm on the meaning of risks.   Students in small groups discuss their views on the types of risks.  Communication and collaboration. 
Critical thinking and problem solving.  
AUDIO VISUAL
RESOURCES
Materials on types of  risk
WEB RESOURCES
ww.lexico.com
6Definition of Insurable risk and types of Uninsurable risks.

By the end of the lesson, students should be able to:
Differentiate between
Insurable and
Uninsurable risks.
Outline the types of
Insurable risk and
Uninsurable risks
As a class, students highlight the difference between Insurable and Uninsurable risks. In small groups, students outline types of Insurable and Uninsurable risks.    Critical thinking and problem solving.
Communication and collaboration.
Creativity and imagination.
AUDIO VISUAL.
RESOURCE
Extract from Insurance
Journals magazines
WEB RESOURCES
Site Link www.investipedia.com
7MID -TERM    
WKSTOPICSLEARNING OBJECTIVESLEARNING ACTIVITIESEMBEDDED  CORE SKILLSLEARNING RESOURCES
8Hazard/PerilBy the end of the lesson, students should be able to:
Discuss the meaning of Hazard
List & explain the types of hazard
Differentiate between moral and physical hazard
–  As a class, students brainstorm on the meaning of hazard.
– Students in small groups list and explain the types of hazard, – Students in pairs differentiate between moral and physical hazard.
Critical thinking and problem solving. 
Communication and
collaboration,

AUDIO VISUAL RESOURCES Insurance Journals on 
hazard
WEB RESOURCES Site Link www.thismatter.com

9Hazard/Peril (Contd.)By the end of the lesson, – students should be able to:
Enumerate the factors that can increase the severity of loss under:
a) Life insurance
b) Fire insurance

Explain the meaning of Peril
Students as a class brainstorm on the factors that can increase the severity of loss under
a) Life insurance
b) Fire Insurance
Students as in small groups discuss on the concept of Peril
Critical thinking and problem solving.
Communication and collaboration.

AUDIOVISUAL — RESOURCES
Charts/ pictures
Other instructional materials on life insurance
WEB RESOURCES
www.thismatter.com
10.Insurable
Interest
By the end of the lesson, students should be able to:  
– Define the insurable
Interest
– Identify the legal requirements of – Insurable interest
Outline the creation of Insurable merest.
Students in small
groups discuss on the meaning of insurable
interest.   Whole class presentation on the legal requirement of insurable interest and the creation.
Critical thinking and problem solving. Communication and collaboration.
AUDIO VISUAL
RESOURCES

Gallery walk/chart placing. Extract from insurance company magazines.
WEB RESOURCES
www.lemonade.com
11.Revision    
12.Examination    

Insurance Scheme of Work SSS1 Second Term

WKSTOPICSLEARNING OBJECTIVESLEARNING ACTIVITIESEMBEDDED CORE SKILLSLEARNING RESOURCES
1Utmost good faithBy the end of the lesson, students should be able to:
Unfold the meaning of Utmost good faith.

States the insured and insurer duty of disclosure.
Point out the fact that need to be disclosed and states its effects.
Students are divided into two groups to present a case study between the Insured and Insurer

Students in group state the facts that need to be disclosed under utmost good faith.
Critical thinking and problem solving Communication and collaboration.AUDIO VISUAL
RESOURCES
Extract from Insurance magazine
Specimen of the policy document
WEB RESOURCES Site Link
investopedia.com
2Proximate causeBy the end of the lesson, students should be able to:
Describe the meaning of Proximate cause. Justify how Proximate cause can be applied when concept cause
Students as a class explain the meaning of proximate cause are divided into groups to present case studies of two scenarios of the concept.Creativity and imagination. Communication and collaborationAUDIO VISUAL RESOURCES Chart on the meaning of proximate cause WEB RESOURCES Site Link www.nycbar.org

3IndemnityBy the end ofthe lesson, students should be able to:
Justify the concept of
indemnify
Outline the methods that can provide indemnity, Enumerate the position that can prevent Indemnity
Whole class discussion on the concept of Indemnity. Students share views on the steps Insurer undertakes to restore the Insured to the normal position..
Leadership and personal development. Communication and collaboration.

Critical thinking and problem solving.
.
AUDIO VISUAL RESOURCES Gallery walks chart placing.
.
WEB RESOURCES Site Link www.investopedia.com
4SubrogationBythe end of the lesson, students should be able to:
Demonstrate the principle of subrogation.
Justify how subrogation rights arise.
 
Illustrate the application on Subrogation between the Insured &Insurer.
Students in small groups brainstorm on the meaning of Subrogation Students as a class analyze how Subrogation rights
arise.
Students in pairs enumerate the
conditions for Subrogation.
Critical thinking and problem solving.
Communication and
collaboration.
Citizenship
AUDIO VISUAL RESOURCES

Chart placing on the subrogation rights WEB RESOURCES Site Link www.investopedia.com

5ContributionBy the end of the lesson, students should be able to:
Explain the meaning of
Students as a class brainstorm on the meaning of contribution.Communication and collaboration.

AUDIO VISUAL RESOURCES
Extract from insurance

Insurance

WKSTOPICSLEARNING OBJECTIVESLEARNING ACTIVITIESEMBEDDED  CORE SKILLSLEARNING RESOURCES
  Contribution Point out how contribution may arise  List the application of contributionStudents in small
contribution may arise demonstrate how contribution arise. Students in pairs enumerate the application of contribution.
Critical thinking and problem solving.
Leadership and personal development
Magazine   WEB RESOURCES Site link www.lexico.com  

6Proposal FormsBy the end of the lesson students should be able to:
Define proposal form
Highlight the use of  proposal form
Identify the contents
Proposal form
Students as class discuss the concept of proposal form. Students in small groups to design a proposal form. Students as a class write out contents in the proposal form.Communication and
collaboration.
Citizenship Critical thinking and problem solving. Creativity and imagination.

AUDIO VISUAL RESOURCES
Specimen of proposal forms other instructional materials.www.iedunote.com
7MID – TERM    
8Cover noteBy the end of the lesson students should be able to: Define cover note and its features. Outline the functions of cover notes. List out any six information on a cover note.Students as class discuss the meaning of Cover note and its features. Students in pairs design a cover note Students in small groups mention (6) six vital information in a cover note.Communication and
collaboration.
Citizenship Creativity and imagination. Critical thinking and problem solving.

AUDIO VISUAL
RESOURCES
Gallery walk
Specimen of cover
notes 
WEB RESOURCES
Site Link
www.iedunote.com  

9Certificate of insuranceBy the end of the lesson students should be able to: Discuss the meaning of certificate of insurance. Point out the contents
certificate of insurance Justify the usefulness of certificate of insurance
Students as class discuss the meaning certificate of insurance. Group discussion on certificate of insurance are issued. Students in small group point out the components of a typical certificate of insurance.Citizenship Creativity and imagination. Communication and
collaboration Critical thinking and problem solving.  
AUDIO VISUAL
RESOURCES
Extract of certificate of insurance   WEB RESOURCES
Site Link
www.embroker.com  
10Policy DocumentBy the end of the lesson
students should be able
to:
Define policy and list its
features
Differentiate between
express conditions and
implied conditions  
Students as class explain the meaning of policy. Students pair up to list the features of policy Students in small group share views on the components of a policy document.Communication and
collaboration   Critical thinking and problem solving.  
AUDIO VISUAL
RESOURCES
Chart to define policy   WEB RESOURCES
www.sweetprocess.com  
11REVISION    
12.EXAMINATION    
13EXAMINATION    

Insurance Scheme of Work SSS1 Third Term

WKSTOPICSLEARNING OBJECTIVESLEARNING ACTIVITIESEMBEDDED  CORE SKILLSLEARNING RESOURCES
1.Insurance ClaimBy the end of the lesson, students should be able to:
Analyse the term Insurance claim.
Outline the claim
procedures in insurance
Describe the duties of the insured and the insurance company claim administration
Whole class to
brainstorm on the meaning of Insurance claim.
Students in small groups to itemize claim procedures in Insurance.
Students in pairs classify the duties of the insured and insurance company in a claim.
Communication                             and
collaboration.
Citizenship Creativity and imagination. Critical thinking             and problem solving.  
AUDIO VISUAL
RESOURCES
Chart on :he roes of
underwriting WEB RESOURCES Site Link www.investonedia.com
2.Loss Adjuster and Loss Assessors  By the end of the lesson, students should be able to:.
Describe the meaning of  Loss Adjuster and Loss Assessors
Differentiate between a Loss Adjuster and a Loss Assessors  
Students in small groups explain Loss  Adjuster and Loss
Assessors
Students as a class differentiate between Loss Adjuster and Loss Assessors  
Communication             and
collaboration.
Citizenship Creativity and imagination. Critical thinking            and problem solving.
AUDIO VISUAL
RESOURCES
Specimen of Insurance
claim
Other instructional materials WEB RESOURCES
www.investopedia.com
3.Insurance
Premium
By the end of the lesson students should be able to:
Explain the meaning of Insurance premium
State and explain thecomponent of premium.

As a class, students describe Insurance Premium.
Students in small group to explain components of Premium


Communication                 and
collaboration.
Citizenship Creativity and imagination. Critical thinking and problem solving.
AUDIO VISUAL RESOURCES
Chart to describe loss adjuster
Other instructional materials
WEB RESOURCES
Site Link

www.investopedia.com  
4Insurance premium (contd)  By the end of the lesson students should be able to
Describe circumstances which may warrant refund of premium Enumerate the different factors used when calculating the premium for specific policy.
Group presentations discussion on circumstances which may warrant refund of premium.   As a class, students share views on different factors used when calculating premium.  Communication                 and
collaboration.
Citizenship Creativity and imagination. Critical thinking and problem solving.  
AUDIO VISUAL RESOURCES
Specimen of insurance premium document Other instructional materials
WEB RESOURCES
Site. Link www.investopedia.com  

5Underwriting
.

By the end of the lesson, students should be able to:
What is underwriting?
Who is an underwriter?
State the functions of an underwriter
Students in small groups to explain the meaning of underwriting. Students in small groups to share views on the functions of an underwriter.  Communication                 and
collaboration.
Citizenship Creativity and imagination. Critical thinking  and problem solving.  
AUDIOVISUAL RESOURCES Chart to explain how
insurance premium are calculated. Other instructional materials
WEB RESOURCES
Site Link www.investopedia.com

Insurance

WKSTOPICSLEARNING OBJECTIVESLEARNING ACTIVITIESEMBEDDED  CORE SKILLSLEARNING RESOURCES
6.Insurance renewalsBy the end of the lesson, students should be able to Paraphrase the meaning  of Renewal notice Enumerate the process of renewal Recall the legal status of renewal notice.  Students as a class discuss motor vehicle insurance. Students as a group describe the forms of motor vehicle insurance. Students in small groups to write out the contents in brown card.Communication                 and
collaboration.
Citizenship Critical thinking  and problem solving.  
AUDIO VISUAL RESOURCES
Gallery walk! chart niacin
Extract of insurance renewals documents
WEB RESOURCES
www.marsh.com

7.MID-TERM    
8Insurance renewals (contd)  By the end of  the lesson, students should be able to:
Describe the terms and conditions for Renewal notice
Differentiate between and Claim Discount (NOD) and Long Term Agreement (LTA)
Students as a class analyze the terms and conditions for renewal notice. Students in small groups to differentiate between NCD and LTA

Communication                 and
collaboration.
Citizenship Critical thinking  and problem solving.  
AUDIO VISUAL RESOURCES
Gallery walk/chart placing. Extract of insurance renewals documents WEB RESOURCES
www.marsh.com
9ReinsuranceBy the end of the lesson, students should be able to: Describe the meaning of Reinsurance
Analyze the difference  forms of reinsurance State the uses reinsurance
Students as class
discuss the meaning of 
Reinsurance.

Students in small groups share views on different  forms of Reinsurance  
Critical thinking  and problem solving. Communication                 and
collaboration.
Citizenship Creativity and imagination.  
AUDIO VISUAL
RESOURCES
Extract of insurance
documents
WEB RESOURCES ,
www.investipedia.com

10Motor vehicleWhat is motor vehicle insurance? Sale and explain the forms of motor insurance Describe brown card and its contentsStudents in small groups explain motor vehicle insurance.
Students  in pair explain
the forms of motor
insurance.
group of students to share views on brown card and its contents.  
Communication                 and
collaboration.
Citizenship Creativity and imagination. Critical thinking  and problem solving.  
AUDIO VISUAL RESOURCES Specimen of motor insurance paper
personal materials WEB RESOURCES Site Link www.axamansand.com
11.Revision    
12-13Examination    

ACHIEVEMENT STANDARDS FOR SSSI

At the end of SS1, the students are able to:

  • Understand the diverse meaning elements and the historical background of Insurance.
  • Explain the term risk and identify classes/types
  •  Differentiate between insurable and non-insurable risk and outline the types of insurable arid non-insurable risk.
  • Define the term hazard and enumerate the factors that can increase severity of loss.
  • Interpret all classes of insurable risk
  • State the insured and insurer duty of disclosure / its effects
  • Outline the methods that can provide indemnity and enumerate the position that can prevent indemnity.
  • List out important information on the cover note usefulness of certificate insurance.
  •  Identity they difference between express condition and implied condition
  • Describe the duties of the insured and the  insurance claim administration.
  • Highlight and discuss the components of  insurance premium
  • Determine the different factors used when calculating the premium used for specific policy.
  • Analyze the meaning of reinsurance and state the different types / uses of reinsurance.
  • Explain the term motor vehicle insurance and identify the various forms of motor vehicle insurance,
  • Describe brown card and its contents.
     

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