In this session, we have learned the characteristics and limitations of life insurance underwriting. Explain what the characteristics and limitations are in reference to two, uniquely different environments for the applicant for life insurance. Environment 1 = Married, male, age 37. Two children (5 and 9). Stay at home spouse. Living in a $350,000 single home in Montgomery county. Environment 2 = Married, male, age 48. Three children (23, 17, and 12). Spouse employed part-time. Living in a $175,000 row house in the Germantown section of Philadelphia