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Understanding Insurance: Concepts and Classifications in Business Studies

This lesson on Insurance and its classifications aims to illuminate key concepts for Class Ten students at Nawab Faizunnesa Govt. Girls’ High School, Comilla. Students will learn what insurance is, its importance in business, and differentiate between various types such as Life Insurance, Fire Insurance, and Marine Insurance. By the end of the session, students will be able to classify insurances and articulate why Life Insurance is not considered a contract for indemnity. Engaging activities include individual and group work, enhancing collaborative learning.

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Understanding Insurance: Concepts and Classifications in Business Studies

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  1. Content Introduction Pair work Subject Group Work Objectives Evalution Presentation Home work Thanks Individual work previous next first last

  2. Wel come Md. MizanurRahman Assistant. Teacher NawabFaizunnesa Govt. Girls’ High school, Comilla. Mobile# 01712652433 E-mail :mrahman01712@yahoo.com previous next first last

  3. Class : Ten Subject : Business Studies Topics : Insurance and It’s Classification Time : 40 minutes previous next first last

  4. Learning Outcome By the end of this lesson the students will be able to – tell what insurance is classify insurances explain life insurance is not a contract for indemnity previous next first last

  5. previous next first last

  6. Look at the picturs & think previous next first last

  7. Look at the picturs & think previous next first last previous next first last

  8. Insurance & It’s Classification previous next first last

  9. Individual Work What is insurance? previous next first last

  10. Insurance is a kind of business. It helps to spread business by removing hindrances of risks relating to business. Future is always uncertain. A businessman may face the danger of value reduction, fire, cyclone, shipwreck. In this system the insurer takes up the risk of probable losses transaction for the payment of particular premium. previous next first last

  11. Pair work Write down Classification of Insurance previous next first last

  12. Classification of Insurance Fire Insurance Marine Insurance Life Insurance previous next first last

  13. Group Work “Life Insurance is not a contract for indemnity” - Explain it. previous next first last

  14. Evaluation What is insurance? What types of insurance? Life Insurance Fire Insurance Marine Insurance previous next first last

  15. Home Work “Life Insurance is not a contract for indemnity” previous next first last

  16. Thanks All Allah Hafez previous next first last

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