Lesson Notes By Weeks and Term - Senior Secondary 2

Fidelity guarantee insurance II

Get it on Google Play
Get it on the Apple App Store
  1. Home
  2. Lesson Notes By Weeks and Term
  3. Senior Secondary 2
  4. Fidelity guarantee insurance II

Term – 1st Term

Week: 10

Class: Senior Secondary School 2

Age: 16 years

Duration: 40 minutes of 2 periods each

Date:       

Subject:      Insurance

Topic:-       Fidelity guarantee Insurance II

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

  1. Outline the conditions in fidelity guarantee insurance
  2. Discuss the forms to be completed for fidelity guarantee insurance

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 fidelity guarantee insurance

Students pay attention

STEP 2

EXPLANATION

He outlines the conditions fidelity guarantee insurance

 

 

Students pay attention and participates

STEP 3

DEMONSTRATION

He discusses the forms to be completed for fidelity guarantee insurance

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

FIDELITY GUARANTEE INSURANCE

The conditions in fidelity guarantee insurance

  1. Fidelity guarantee insurance will indemnify the insured against the loss

of money or other property belonging to the Insured or for which the

insured is legally responsible as the direct result of any act of fraud or

dishonesty committed by the employee as described in the Schedule.

  1. The company shall not be liable in respect of any act of fraud or

dishonesty unless it is committed during the period of insurance and during

the uninterrupted service of the employee with the insured in the

employment specified against the employee's name or description.

  1. It is discovered and notified to the company within twelve (12) months of

being committed or six (6) months after the termination of the policy

whichever is the earlier.

  1. The liability of the company shall not exceed in respect of any employee

the amount stated against his name or description.

 

THE FORMS TO BE COMPLETED FOR FIDELITY GUARANTEE

INSURANCE

a.) Employers Form

This can be likened to a proposal form because the employer completes it

and it forms the basis of the contract between employer, the person

guaranteed and the insurer.

b.) The Applicants Form

This is not a proposal form (even though it may resemble one) and is

completed by the person to be guaranteed. The applicant forms therefore

makes searching enquires into the applicant.

c.) Private Referrers Form This is a form sent to applicant referees, which

has been shown on the applicant forms. It has very little practical value

because even the most dishonest applicant could get two friends to vouch

for him.

d.) Previous Employers Form This is a form sent to all the employer of the

applicant for the previous five years. The object of the form is to ascertain

the applicant honesty extent of duties with each employer

EVALUATION:    1. State three conditions in fidelity guarantee insurance

  1. Outline the forms to be completed in fidelity guarantee insurance

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively