10162131Principles of Life, Health, and Annuities
Course Information
Description
This course focuses on the principles of individual and group health coverage, disability insurance, individual and group life insurance, paying life insurance proceeds, ownership rights, beneficiaries, and supplemental benefits of life insurance.
Total Credits
1
Course Competencies
  1. Explain how government regulation impacts insurance.
    Assessment Strategies
    Verbally explaining a current regulation topic to others.
    Criteria
    You can answer questions of others regarding the topic.

  2. Identify the steps in the Risk Management Process.
    Assessment Strategies
    Answering questions in Blackboard.
    Criteria
    You can list the four ways to handle risk.
    You can identify the degree of risk faced

  3. Explain the key features within the various life insurance products.
    Assessment Strategies
    Explaining a specific type of life insurance to others.
    Answering a set of questions in Blackboard
    Criteria
    You can answer other students questions regarding a life insurance product.
    You can identify the key features of different life insurance products.

  4. Evaluate the policy provisions, non-forfeiture options and beneficiary choices available for life insurance policies.
    Assessment Strategies
    Creating a mind map of either the provisions, non-forfeiture options, or types of beneficiaries in the classroom.
    Answering a set of questions in Blackboard
    Criteria
    You can understand and relate the information to other students.
    You can identify the differences in the terms.

  5. Analyze the key features of an annuity.
    Assessment Strategies
    Identifying the purpose of an annuity.
    Identifying how the cash value and death benefits are paid.
    Answering a set of questions in Blackboard.
    Criteria
    You can explain the differences between an annuity and a whole life contract.
    Given a particular situation, you can make a suitable recommendation for an annuity contract.
    You can identify how much will be paid out under the contract given a certain situation.

  6. Identify the various choices for establishing retirement savings.
    Assessment Strategies
    Explaining the key features of each product.
    Answering a set of questions in Blackboard.
    Criteria
    You research a retirement product and identify and explain the situation in which this product would be used.

  7. Research a Health Insurance or Disability Product and explain it to others.
    Assessment Strategies
    By presenting your findings to the class.
    Criteria
    You are able to answer other students questions concerning your policy.

  8. Apply product suitability guidelines to consumer s needs when purchasing health insurance.
    Assessment Strategies
    Working in groups to analyze potential client scenarios and make decisions about the product that would best suit their insurance needs.
    Criteria
    Your reflection indicates an understanding of the health and disability products that best fits a consumer situation.