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.
Par agrapil Unacceptable-1 point Acceptable2 points Exemplary 3 points Identifies the main Score Does not identify and summarize the problem, Identifies the main problem and subsidiary, problem and subsidiary, embedded or implicit aspects of the problem and recognizes the nuances of the issue Draws support from experience and information not available from assigned Identifies and Summarizes is confused or identifies embedded or implicit aspects of the problem the Problem adifferent or at Issue inappropriate problem Addresses a single source or view of the Identifies, Provides appropriately, one's own position on the issue Personal argument and fails to clarify presented position relative to one's own Perspective and Position sources Deals only with a single perspective and fails to Addresses and analyzes salient perspectives Identifies other salient Provides Other Salient perspectives drawn address other salient drawn from outside Perspectives from outside information information and Positions perspectives Identifies and questions the validity of key assumptions and addresses the ethical Does not surface the Identifies some of the Develops Key assumptions and ethical issues that underlie the key assumptions and ethical issues that underlie the problem Assumptions problem dimensions that underlie the issue Observes cause and effect and addresses Merely repeats information provided, Examines the evidence Provides existing or potential Quality and source of evidence, consequences. Clearly distinguishes between fact, opinion, and acknowledges value judgments Identifies and discusses questions its accuracy, precision, relevance and completeness Evidence taking it as truth or Supporting denies evidence without Position adequate justification conclusions, Prepares Conclusions, Identifies and discusses Fails to identify conclusions, implications implications and conclusions, consequences of the issues or problem and Implications implications and and consequences of the issue or problem and consequences of the issues or problem objectively provides and reflects on own Consequences assertions Total Points: Par agrapil Unacceptable-1 point Acceptable2 points Exemplary 3 points Identifies the main Score Does not identify and summarize the problem, Identifies the main problem and subsidiary, problem and subsidiary, embedded or implicit aspects of the problem and recognizes the nuances of the issue Draws support from experience and information not available from assigned Identifies and Summarizes is confused or identifies embedded or implicit aspects of the problem the Problem adifferent or at Issue inappropriate problem Addresses a single source or view of the Identifies, Provides appropriately, one's own position on the issue Personal argument and fails to clarify presented position relative to one's own Perspective and Position sources Deals only with a single perspective and fails to Addresses and analyzes salient perspectives Identifies other salient Provides Other Salient perspectives drawn address other salient drawn from outside Perspectives from outside information information and Positions perspectives Identifies and questions the validity of key assumptions and addresses the ethical Does not surface the Identifies some of the Develops Key assumptions and ethical issues that underlie the key assumptions and ethical issues that underlie the problem Assumptions problem dimensions that underlie the issue Observes cause and effect and addresses Merely repeats information provided, Examines the evidence Provides existing or potential Quality and source of evidence, consequences. Clearly distinguishes between fact, opinion, and acknowledges value judgments Identifies and discusses questions its accuracy, precision, relevance and completeness Evidence taking it as truth or Supporting denies evidence without Position adequate justification conclusions, Prepares Conclusions, Identifies and discusses Fails to identify conclusions, implications implications and conclusions, consequences of the issues or problem and Implications implications and and consequences of the issue or problem and consequences of the issues or problem objectively provides and reflects on own Consequences assertions
