Lesson Plan for Senior Secondary 2 - Insurance - Aviation Insurance Ii

### Lesson Plan: Aviation Insurance II #### Subject: Insurance Studies #### Class: Senior Secondary 2 #### Topic: Aviation Insurance II #### Duration: 60 minutes --- ### Objectives: 1. **Understand the basic components and types of Aviation Insurance.** 2. **Identify the key risks covered under Aviation Insurance.** 3. **Analyze real-world examples of claims and case studies related to Aviation Insurance.** 4. **Understand the regulatory framework guiding Aviation Insurance.** --- ### Materials Needed: - Projector/Smartboard - Handouts of case studies and regulatory framework - Whiteboard and markers - Textbook on Insurance Studies - Internet access (optional) --- ### Lesson Outline: 1. **Introduction (10 minutes)** - Recap the topics covered in the previous lesson (Aviation Insurance I). - Brief discussion on the importance of Aviation Insurance. - State the objectives of today's lesson. 2. **Components and Types of Aviation Insurance (15 minutes)** - Explain the various components of Aviation Insurance: - Hull Insurance (protects the aircraft itself) - Liability Insurance (covers damages to third parties) - Passenger Liability Insurance (covers legal liability for injuries to passengers) - Crew Insurance (covers the crew members) - Discuss the types of Aviation Insurance policies: - General Aviation Insurance - Commercial Aviation Insurance - Ground Risk Hull Insurance (while not in motion) - In-Flight Insurance 3. **Key Risks Covered Under Aviation Insurance (10 minutes)** - Breakdown the key risks: - Physical damage to the aircraft - Liability for injury to passengers and third parties - Damage or loss of cargo - Personal injury to crew members - Environmental damage - Use case studies from handouts to illustrate these risks. 4. **Case Studies and Real-World Examples (15 minutes)** - Present case studies in the handouts. - Encourage group discussions about: - The incident details - The type of insurance claims involved - How the insurance policy responded to the incident - Analyze the outcomes of these claims and the role of Aviation Insurance. 5. **Regulatory Framework (5 minutes)** - Brief overview of the regulatory bodies: - International Civil Aviation Organization (ICAO) - Federal Aviation Administration (FAA) in the US - Other national and international bodies - Discuss the regulations that oversee Aviation Insurance policies. 6. **Interactive Q&A and Summary (5 minutes)** - Open the floor to any questions the students might have. - Summarize the key points of the lesson briefly. - Assign a brief homework task: students to research a recent aviation incident and identify which types of insurance would be relevant. --- ### Assessment: - Monitor student participation during the lesson. - Evaluate students on their contributions to group discussions. - Assess the homework task for understanding and application of concepts covered. --- ### Homework: - Research and write a short report (1-2 pages) on a recent aviation incident, detailing which type(s) of Aviation Insurance would be relevant and why. --- ### Conclusion: By the end of this lesson, students should be well-versed in the components and types of Aviation Insurance, the key risks covered by these policies, and have a foundational understanding of the regulatory framework overseeing this segment of the insurance industry.