# Lesson Notes By Weeks and Term - Senior Secondary 1

Risk I

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

1. Explain the meaning of risk
2. Differentiate between certainty and uncertainty

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

1. State two differences between certainty between and uncertainty

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively