Term – 1st Term
Week: 7
Class: Senior Secondary School 1
Age: 15 years
Duration: 40 minutes of 2 periods each
Date:
Subject: Insurance
Topic:- Risk I
SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to
INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source
INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures
INSTRUCTIONAL PROCEDURES
PERIOD 1-2
PRESENTATION |
TEACHER’S ACTIVITY |
STUDENT’S ACTIVITY |
STEP 1 INTRODUCTION |
The teacher reviews the previous lesson on the benefits of insurance |
Students pay attention |
STEP 2 EXPLANATION |
He explains the meaning of risk
|
Students pay attention and participates |
STEP 3 DEMONSTRATION |
He differentiates between certainty and uncertainty |
Students pay attention and participate |
STEP 4 NOTE TAKING |
The teacher writes a summarized note on the board |
The students copy the note in their books |
NOTE
RISK
Risk in simple terms, is the possibility of something bad happening. It is a chance of loss. It is the uncertainty of loss.
Risk is the probability of occurrence of an undesired outcome and its consequences.
Risk is defined as the possibility that an event will occur that adversely affects the achievement of an objective.
Differences between certainty and uncertainty
|
Certainty |
Uncertainty |
1 |
Certainty deals with situations that will occur |
Uncertainty deals with events that will occur or not. |
2 |
Certainty involves unchangeable result |
Uncertainty involves changeable results |
3 |
Certainty situation is not contestable |
Uncertainty situation is contestable
|
EVALUATION: 1. Define risk
CLASSWORK: As in evaluation
CONCLUSION: The teacher commends the students positively