Starter activity

 As a business owner, what’s the best way to

protect your business against unforeseen
losses?
 Learning objectives
By the end of this lesson, learners should be able
to:
1. Define insurance.
2. Explain services provided by insurance
companies.
3. Identify and explain basic principles of
insurance.
 Definition of insurance
 Watch the video and discuss in groups what
they have learnt from the video they watched
and write down the meaning of insurance in
their notebooks.
juniorHow Does Insurance Work_.mp4
 Services provided by insurance
companies
 Discuss in groups services provided by
insurance companies.
 Basic principles of insurance
 Discuss in their groups and make
presentations on each principle of insurance.
Class activity
 Assignment
1. Find out names of insurance companies in
Nigeria.
2. Pre reading on types of insurance (assign
groups)
 Learning objectives
By the end of this lesson, learners should be able
to:
1. List names of insurance companies in Nigeria.
2. Identify and explain types of insurance
3. Identify the benefits of insurance.
 Starter activity
 Pre reading test
 List of insurance companies in Nigeria
 List names of insurance companies in Nigeria
based on your assignment.
 Types of insurance
 Discuss in their groups and make presentations
on each type of insurance.
 Benefits/importance of insurance
 Discuss in groups and write down not less than
two benefits of insurance in business on a
sticky note.
Class activity
 Assignment
 Make a summary note on personal qualities of
an entrepreneur.