Lesson Notes By Weeks and Term - Senior Secondary 2
Money insurance I
Money insurance I
Term – 1st Term
Week: 7
Class: Senior Secondary School 2
Age: 16 years
Duration: 40 minutes of 2 periods each
Date:
Subject: Insurance
Topic:- Money insurance 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 burglary insurance |
Students pay attention |
|
STEP 2 EXPLANATION |
He defines money insurance and describes what constitutes money
|
Students pay attention and participates |
|
STEP 3 DEMONSTRATION |
He states the exclusions in money 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
MONEY INSURANCE
Money insurance policy is designed to provide cover against the loss of
money through theft, fire and other causes while in transit or in a locked
safe or on a stated premise. It provides cover for loss of money in transit
between the insured premises and bank or post office or other specified
places occasioned by robbery, theft or any other furniture cause. This
policy pays compensation to the insured in the event of money being stolen
either from the business premises of the insured or while it is being carried
to or from the bank.
WHAT CONSTITUTE MONEY
Money means cash, notes, negotiable instruments, cheque, postal notes,
post office money order, stamps, credit cards, sales voucher, instant lottery
tickets, bus or transport tickets, telephone credit cards etc. all belonging to
the insured while deposited with the insured.
This policy provides cover for;
Extensions
This policy can be extended to include the risk of infidelity of the employees
and disbursement risk.
Exclusions
1.Shortage due to error or omission
2.Losses due to the fraud/dishonesty of the employee of the insured.
3.Losses which are covered by other policies
EVALUATION: 1. Define money insurance
CLASSWORK: As in evaluation
CONCLUSION: The teacher commends the students positively