SS1 Second Term Insurance Lesson Note and Scheme of Work
SS1 Second Term Insurance Lesson Note and Scheme of Work
Week 1: Introduction to Reinsurance
Lesson Note: Define reinsurance, explain its importance in the insurance industry, and discuss different types of reinsurance. Activities include case studies and group discussions.
Scheme of Work:
Definition and Significance of Reinsurance
Types of Reinsurance
Case Studies and Group Discussions
Week 2: Marine and Aviation Insurance
Lesson Note: Explore marine and aviation insurance principles, coverages, and unique challenges. Activities involve analyzing case studies related to marine and aviation incidents.
Scheme of Work:
Principles of Marine Insurance
Principles of Aviation Insurance
Case Studies and Discussions
Week 3: Agricultural Insurance
Lesson Note: Introduce the concepts of agricultural insurance, covering crop and livestock insurance. Discuss the importance of agricultural insurance in risk management. Activities include analyzing agricultural insurance policies.
Scheme of Work:
Crop Insurance
Livestock Insurance
Analyzing Agricultural Insurance Policies
Week 4: Cyber Insurance
Lesson Note: Discuss the emerging field of cyber insurance, covering cyber threats, policies, and risk mitigation. Activities involve analyzing case studies on cyber incidents.
Scheme of Work:
Cyber Threats and Risks
Cyber Insurance Policies
Case Studies on Cyber Incidents
Week 5: Liability Insurance
Lesson Note: Explore liability insurance, including types of liabilities and coverage options. Discuss the importance of liability insurance in various sectors. Activities involve analyzing liability insurance scenarios.
Scheme of Work:
Types of Liabilities
Liability Insurance Coverage
Analyzing Liability Insurance Scenarios
Week 6: Life Insurance
Lesson Note: Focus on life insurance principles, products, and the role of life insurance in financial planning. Activities involve analyzing life insurance policies.
Scheme of Work:
Principles of Life Insurance
Life Insurance Products
Analyzing Life Insurance Policies
Week 7: Ethics in Insurance Sales
Lesson Note: Discuss ethical considerations in insurance sales and customer interactions. Emphasize the importance of transparency and honesty. Activities include role-playing scenarios.
Scheme of Work:
Ethical Considerations in Insurance Sales
Transparency and Honesty
Role-Playing Scenarios
Week 8: Customer Service in Insurance
Lesson Note: Explore the importance of excellent customer service in the insurance industry. Discuss effective communication and problem-solving. Activities involve case studies and group discussions.
Scheme of Work:
Importance of Customer Service
Effective Communication
Case Studies and Group Discussions
Week 9: Emerging Trends in Insurance
Lesson Note: Discuss current and future trends in the insurance industry, such as insurtech, blockchain, and climate-related risks. Activities involve researching and presenting on emerging trends.
Scheme of Work:
Insurtech and Insurance Innovation
Blockchain in Insurance
Climate-Related Risks and Insurance
Week 10: Insurance and Sustainable Development
Lesson Note: Explore the role of insurance in promoting sustainable development. Discuss environmental, social, and governance considerations in insurance practices. Activities include case studies.
Scheme of Work:
Insurance and Environmental Sustainability
Social and Governance Considerations
Case Studies on Sustainable Insurance Practices
Week 11: Revision Week
Lesson Note: Review key concepts from the second term, address questions, and clarify doubts. Activities include a comprehensive review session and practice quizzes.
Week 12: Examination Week
Lesson Note: Conduct a final examination covering all topics from the second term. Activities involve administering the exam and addressing any concerns.
Week 13: School Dismissal Week
Lesson Note: Summarize the entire course, address any remaining questions, and provide guidance for further study. Activities include a farewell session and distribution of resources or certificates.
