Lesson Notes By Weeks and Term - Senior Secondary 2

Term – 2^nd Term

Week: 7

Class: Senior Secondary School 2

Age: 16 years

Duration: 40 minutes of 2 periods each

Date:       

Subject:      Insurance

Topic:-       Aviation insurance II

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

1. Mention the advantages and disadvantages of aviation insurance
2. State the exclusions in aviation 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 aviation insurance	Students pay attention
STEP 2 EXPLANATION	He mentions the advantages and disadvantages of aviation insurance	Students pay attention and participates
STEP 3 DEMONSTRATION	He states the exclusions in aviation 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

AVIATION INSURANCE

ADVANTAGES OF AVIATION INSURANCE

1. People who own and operate their own aircraft generally purchase

aviation insurance so that they are covered in a wide variety of situations,

and so that their aircraft will be replaced if they are damaged, lost, or

stolen. Owners may also cover insurance on aircraft they rent out, lease, or

hire pilots to fly, in which case the individual pilot may need to carry

additional insurance to be fully covered in the event of an incident.

2. People who lease or rent aircraft usually get aviation insurance which will

cover them in the event that something happens to the aircraft while it is

under their control. This insurance replaces the aircraft or pays for repairs

and covers liability issues, such as injuries to people who were riding in the

aircraft at the time of an accident.

DISADVANTAGES OF AVIATION INSURANCE

1. Laws about aviation insurance tend to be less clearly defined than those

regarding car insurance, which can make it difficult to choose the right

policy and carrier.

2. The more services requested on the policy, the more expensive it will be.
3. Coverage also varies depending on the type of craft: helicopters, sport

planes, commercial airliners, and so forth are all covered differently.

4. Many policies exclude damages which occur in the hangar, requiring an

additional hangar insurance rider for people who are concerned about theft

of the aircraft or its equipment while it is in storage.

5. A pilot may be covered by insurance, but his or her family may not be

part of the insurance policy unless this is specified.

6. The airline industry is particularly vulnerable to exogenous events such

as terrorism, political instabilities and natural disaster, which can drastically

affect their operations and passenger demand.

 

THE EXCLUSIONS IN AVIATION INSURANCE 

1. Coverage is not provided if the insured aircraft is operated without a

Proper airworthiness certificate. 

2. Coverage is not provided if the insured aircraft is operated outside the

parameters set by regulations/regulatory agencies

EVALUATION:    1. Mention two advantages and two disadvantages of aviation insurance

2. State the exclusions in aviation insurance

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively