**Lesson Plan: Motor Insurance III**
**Grade Level:** Senior Secondary 1
**Subject:** Commerce/Business Studies
**Unit:** Insurance
**Lesson Title:** Motor Insurance III: Case Studies and Advanced Policy Features
**Lesson Duration:** 70 minutes
**Lesson Objectives:**
By the end of this lesson, students will be able to:
1. Analyze case studies relating to motor insurance claims and understand the practical applications of policies.
2. Identify and explain advanced features of motor insurance policies, including no-claim bonuses, coverage for accessories, and breakdown cover.
3. Discuss the importance of comprehensiveness versus third-party policies and the implications for different stakeholders.
**Materials Needed:**
- Whiteboard and markers
- Projector and laptop
- Handouts with case studies
- Copies of motor insurance policy summaries
- PowerPoint slides
**Lesson Outline:**
**Introduction (10 minutes)**
1. **Greeting and Attendance:**
- Briefly greet students and take attendance.
- Quick review of key points from previous lessons on motor insurance.
2. **Learning Objectives Overview:**
- Display the learning objectives on the board or a presentation slide.
- Briefly discuss what the students are expected to learn by the end of the lesson.
**Main Content (40 minutes)**
3. **Case Studies Analysis (20 minutes):**
- Divide students into small groups and distribute the handouts with different motor insurance claim case studies.
- Give each group 10 minutes to read their case study and identify key points, including the type of insurance involved, the nature of the claim, and the resolution.
- After reading, each group will present a summary of their case to the class, highlighting lessons learned and important points.
4. **Advanced Policy Features (20 minutes):**
- Use the projector to display slides detailing advanced features of motor insurance policies.
- Discuss no-claim bonuses: what they are, how they work, and their benefits.
- Explain coverage for accessories and modifications, including any typical exclusions.
- Introduce breakdown cover, why it’s important, and what it typically includes.
- Engage students by asking questions and encouraging them to share any personal experiences or opinions.
**Activity and Discussion (15 minutes)**
5. **Policy Comparison Activity:**
- Divide students into pairs and distribute copies of two different motor insurance policy summaries (one comprehensive and one third-party).
- Ask them to spend 7 minutes comparing the two policies, noting the differences in coverage, benefits, and limitations.
- Facilitate a class discussion for the remaining 8 minutes, inviting pairs to share their findings and discuss the advantages and disadvantages of each type of policy.
**Conclusion (5 minutes)**
6. **Review and Q&A:**
- Summarize the main points covered in the lesson.
- Open the floor for any questions or clarifications to ensure understanding.
- Highlight the importance of selecting the right type of motor insurance based on individual needs and risks.
**Assessment and Homework (Optional)**
7. **Mini-Assignment:**
- Assign a mini-project where students must research and create a one-page report comparing motor insurance policies offered by two different insurance companies.
- Set a submission deadline for the next class.
**Closing:**
- Thank students for their participation and remind them of the next lesson’s topic.
- Ensure all materials and case study handouts are collected.
This lesson plan incorporates interactive analysis, discussion of advanced concepts, and practical application through case studies to provide a well-rounded understanding of motor insurance.