Subject: Business

Lesson Plan Number: 4

Topic: Insurance For Households

Year Group:

No. of Students:
Date:
Time:
Length of
Lesson: 40 mins
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1.
KEY CONCEPT(S):
What Key Concept(s) (ideas) will I teach in this lesson?
Insurance
Compensation (Average Clause)
Claim Form
(The number of appropriate Key Concepts will vary depending on the lesson you intend on teaching)

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2.
LESSON AIM(S):
What am I going to teach?
To re-cap on the entire chapter.
To explore Compensation and the process of calculating Compensation when an item is under-insured.
To examine the process of filling out a claim form.
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3.
LEARNING OUTCOMES:
At the end of this lesson, students should be able to.
Demonstrate a strong understanding of Insurance.
Display an understanding of Compensation, how it works and calculating the compensation of an under-insure
item.
Fill out a Claim form properly, giving all the relevant details.
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4.
ASSESSMENT/EVIDENCE OF STUDENT LEARNING:
How will I know that the learning outcomes are being achieved?
All learning outcomes will be assessed by homework, questioning, observing students answers and observing
student participation. Students will also complete questions where they are asked to calculate Compensation.
Students will also be asked to fill out an Insurance Claim form.
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5.
PRIOR KNOWLEDGE:
What prior knowledge do students have about this topic?
Students prior knowledge should consist of information from previous chapters covered from the textbook,
Business 1 2 3. Students are aware of the topic from the previous lesson and I have a good idea of the
understanding they have on the topic. Students may also be aware of the subject from home life, where they
may have seen advertisements for Insurance on the television, they may be aware of the concept from their

parents paying for Insurance or perhaps from parents filling out a claim form. Students will be familiar with
sums and calculations from their Maths class and the previous business lesson.

6.

TEACHER ACTIVITIES:
What activities will I use to facilitate the teaching of EACH Key Concept? How much time for each activity?

7.

STUDENT ACTIVITIES:
What activities will the students be engaged in to understand EACH Key Concept? How much time for each
activity?

8.

QUESTIONS:
Please list lower and higher order questions that are linked to each Key Concepts. (A minimum of six
questions specifically related to the key concepts, identifying higher/lower order with HO/LO)
1. Key
6. Teacher Activity
7. Student Activity
8. Questions
Concept(s)
Teaching Key Re-cap on the previous
Giving feedback and listening.
Re-cap using questions from
Concept 1
lesson.
previous Lesson.
and 3

Insurance

Exploring an Insurance
Exploring, reading, listening and
Claim Form in detail through answering questions about
reading and questioning,
Insurance Claim Forms.
using PowerPoint and the
Textbook Business 123.
Questioning

Answering questions and

explaining answers.

Claim Form

How might you define a claim

form? (L/O)
Can you profit from Insurance?
(L/O)
What will happen if you
over/under-insure your
property? (H/O)

Homework

Completing questions given to

them for homework.

Mind Map

Displaying everything they have

learned about Insurance over the
four lessons.

(20 mins)

Facilitating the completion

of an Insurance Claim Form

Filling out an Insurance Claim

Form

Teaching Key
Concept 2

Pair Work

In pairs, discussing the factors that Who receives compensation.

determine Premium.
(L/O)

Explaining the process of

calculating Compensation

Actively listening to the process

of calculating Compensation.
Calculating the Compensation
from the information given to
them.

Compensatio
n

(20 mins)

What might the term

Compensation mean? (H/O)

Calculate the Compensation

using the following
information. (H/O)

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9.
DIFFERENTIATION:
How will I differentiate the content knowledge of this lesson so as to include all learners in a mixed
ability class?
I will teach to satisfy all abilities in the class. I will have extra work prepared for students who finish
sooner than others which will further their understanding of the topic. I will include a variety of teaching
techniques to suit all learning preferences; (Reading, Writing, Listening, Talking..) I will assist students
when required, specifically those who have difficulties with maths.
Students must know what Insurance is and why it is used and why it is important.
Students should have some knowledge of Insurance Premiums from the previous lesson.
Students may know the 5 Principles of Insurance.
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10.
RESOURCES:
What materials/resources will I need/use?

Whiteboard
Whiteboard Markers
Textbook Business 1 2 3.
PowerPoint

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11.
LITERACY & NUMERACY:
What are the essential aspects of literacy/numeracy in this lesson?

New Terminology associated with the chapter.

Reading
Writing
Listening
Hearing
Oral Language
Figures of money.

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12.
SELF EVALUATION:
Were the Learning Outcomes achieved? Why /why not? How do I know they were/were not achieved?

What have I learned about my own practice from this lesson?

What will I do differently in my next class?