Lesson Notes By Weeks and Term - Senior Secondary 1
Insurance claim
Insurance claim
Term – 3rd Term
Week: 1
Class: Senior Secondary School 1
Age: 15 years
Duration: 40 minutes of 2 periods each
Date:
Subject: Insurance
Topic:- Insurance claim
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 endorsement slip |
Students pay attention |
|
STEP 2 EXPLANATION |
He defines insurance claim
|
Students pay attention and participates |
|
STEP 3 DEMONSTRATION |
He lists and explain some types of insurance claims |
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
INSURANCE CLAIM
An insurance claim is a formal request to your insurance provider for
reimbursement against losses covered under your insurance policy.
Insurance is a financial agreement between you and your insurer. You
have to pay a fixed premium. And in exchange, the insurance provider
offers financial cover for losses based on the policy terms.
When the event covered under your policy occurs, a claim must be
filed. The purpose is to notify the insurer that the event for which you
have opted for an insurance has occurred and the insurer should pay
the claim amount.
Types of Insurance Claims
An insurance claim can be categorised into various types.
A health insurance claim is raised to cover the costs of medical expenses.
In most cases, these claims are handled by the hospital or doctor, and the
insured does not have to do anything. However, if the claim is denied, the
policy owner may have to intervene.
A life insurance claim is raised by the nominee in the unfortunate event of
the policyholder's demise. It may require the beneficiary to submit
documents like a copy of the death certificate, FIR, PAN, and other
documents along with a claim form. Once the insurance company has
verified all information, a payout is made to the beneficiary's account.
A group life insurance plan is used by an employer to offer life insurance
benefits for their employees. In the unfortunate event of the demise of an
employee, the plan's nominee can file a claim and get the sum assured.
EVALUATION: 1. Define insurance claim
CLASSWORK: As in evaluation
CONCLUSION: The teacher commends the students positively