### Lesson Plan: Insurance Associations - NCRIB
#### Grade:
Senior Secondary 3
#### Subject:
Commerce
#### Topic:
Insurance Associations - NCRIB (Nigerian Council of Registered Insurance Brokers)
#### Duration:
90 minutes
#### Objectives:
By the end of the lesson, students will be able to:
1. Understand the concept and role of insurance associations.
2. Specifically describe the NCRIB, its purpose, and functions.
3. Discuss the importance of insurance brokers and how NCRIB supports them.
4. Examine the impact of NCRIB on the insurance industry in Nigeria.
#### Materials:
- Whiteboard and markers
- Projector and computer
- Handouts on NCRIB
- Sample case studies on brokerage in Nigeria
- NCRIB website resource link
#### Introduction (10 minutes):
1. **Greeting and Attendance (2 minutes)**:
- Take attendance and greet students.
2. **Icebreaker/Starter Question (3 minutes)**:
- Ask, "What do you think are some professional organizations or associations in the commerce and insurance sectors you've heard of?"
3. **Introduction to Topic (5 minutes)**:
- Briefly introduce the concept of insurance associations and their importance in the insurance industry.
- Specifically mention the NCRIB and pose questions about what students know regarding this association.
#### Direct Instruction (20 minutes):
1. **Presentation on Insurance Associations (10 minutes)**:
- Use a projector to present slides on insurance associations (definition, roles, examples globally).
- Discuss the importance of professional organizations in maintaining standards, providing education, and supporting members.
2. **Overview of NCRIB (10 minutes)**:
- Present an overview of NCRIB, including its history, mission, and key functions.
- Highlight the role of insurance brokers and explain how NCRIB supports these professionals.
- Show a short video clip or infographic (if available) about NCRIB.
#### Guided Practice (20 minutes):
1. **Reading Activity (10 minutes)**:
- Distribute handouts with summarised information about NCRIB.
- Have students read through the handout in pairs and highlight key points.
2. **Group Discussion (10 minutes)**:
- Divide the class into small groups and provide each group with a different case study related to insurance brokerage in Nigeria.
- Ask each group to identify how NCRIB might play a role in the case study scenario.
- Groups will briefly present their findings to the class.
#### Independent Practice (20 minutes):
1. **Worksheet Activity (10 minutes)**:
- Provide a worksheet with questions related to NCRIB, its functions, and importance.
- Students complete the worksheet individually.
2. **Review and Discuss (10 minutes)**:
- Review the worksheet answers with the class, highlighting the correct points and clarifying any misunderstandings.
#### Conclusion (10 minutes):
1. **Summary (5 minutes)**:
- Summarize key points discussed in the lesson about insurance associations and NCRIB.
- Reinforce the importance of professional organizations in the insurance industry.
2. **Q&A Session (5 minutes)**:
- Allow students to ask any questions they might have about NCRIB or related topics.
- Answer questions and provide further clarification as needed.
#### Assessment (10 minutes):
- **Exit Ticket**:
- Have students write a brief paragraph on what they learned about NCRIB and how these kinds of associations can benefit the insurance industry.
#### Homework:
- Assign students to research another professional insurance association (international or local) and prepare a one-page report on its roles and functions.
#### Resources:
- NCRIB official website: [NCRIB Website](https://ncrib.org.ng)
- Brochures or additional multimedia on insurance brokerage.
#### Notes for Future Lessons:
- Potential follow-up lessons could explore other insurance associations, specific roles of insurance brokers, or regulatory frameworks in the insurance industry.
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*The lesson plan integrates interactive components and differentiated instruction to cater to diverse student learning styles. It provides a comprehensive understanding of NCRIB and its significance within Nigeria's insurance industry.*