WEE TOPIC CONTENT

K
1 General cleaning and
registration
2 Meaning of insurance
3 Historical development of
insurance
4 Risks
5 Hazards
6 Insurance and uninsurable
Risks
7 Functions of insurance
8 Benefits of insurance
General cleaning of the school
environment, Registration and orientation
[i]Definition of insurance, [ii] the insurer
and the insured [Policy holder], [iii]
Insurance contract
[i] Pre-independence insurance market
Post-independence insurance market
[ii] Local legislation for insurance
[i]Definition of risk, [ii] Risk and the society
[iii] Classification of risks [iv] Fundamental,
speculative, pure, dynamic statics
[i] Definition of physical hazard in property
e.g life motor
[ii] Moral hazards such as dishonesty
[i] Meaning of insurable risks
[ii] Insurable risks in life, property and
liability
[iii]Uninsurable risk e.g Earthquake, war,
bad publicity
[i]Importance of insurance benefits
[ii] Benefits acquiring to individuals society
and business organization. Primary
functions spreading of risks [ii] Secondary
functions
[a] loss prevention [b] security
[i] Importance of insurance benefits
[ii] Benefits acquiring to individuals society
and business

WEE TOPIC CONTENT

K
9 Insurable interest [i] Meaning of insurance
[ii] Legal requirement of insurable interest
[iii] Insurable interest in various classes of
insurance
10 Revision Revision
11 EXAMINATION EXAMINATION
Scheme of Work
FIRST TERM