10162132Life and Health Insurance Underwriting
Course Information
Description
In this class, students will be introduced to the fundamentals of risk selection in life and health insurance applications. It delves further into the job responsibilities of an underwriter, the legal aspects of underwriting group coverage, and the medical, financial, and personal factors that are assessed in underwriting individual applications.
Total Credits
3
Course Competencies
  1. Recognize how underwriters achieve their goals by practicing sound underwriting.
    Assessment Strategies
    by answering a set of questions in Blackboard.
    Criteria
    you can identify the competencies of a successful underwriter.
    you can define key underwriting terms.

  2. Describe state laws and regulations that insurers must abide by in the underwriting of life and health insurance.
    Assessment Strategies
    by researching regulatory compliance of insurance companies in underwriting life and health insurance.
    by evaluating information and inquiring for further explanation.
    by collaborating with others to discuss underwriting standards and regulatory issues in insurance.
    by acknowledging and respecting different opinions and ideas.
    by contributing to the team s success.
    Criteria
    you can identify and describe the various regulations insurers are required to follow in the underwriting of life and health insurance.
    you can verbally communicate your findings to others.

  3. Identify the types of information an underwriter may obtain and their purpose in the underwriting process.
    Assessment Strategies
    by evaluating information and asking questions based on the findings.
    by listening attentively with respect and an open mind.
    Criteria
    you can verbally communicate your questions concerning information presented.
    your reflection indicates insight into the underwriting factors in life and health insurance.

  4. Explain the importance of the information obtained on applications for individual and group life insurance.
    Assessment Strategies
    by identifying underwriting information needed to complete individual and group life insurance applications.
    by defining key terms used in life insurance underwriting.
    by calculating ratios used in determining business valuations.
    by answering a set of questions in Blackboard.
    Criteria
    you can analyze a situation and pick out the underwriting information.
    your can accurately calculate financial ratios.

  5. Explain the importance of information obtained on applications for individual and group health, disability and long term care insurance.
    Assessment Strategies
    by evaluating the details needed in underwriting health, disability, or long term care insurance.
    by working collaboratively with other students to research the information.
    by orally communicating the findings to other students.
    by submitting an experience summary to the instructor outlining their understanding of the material.
    by contributing to the team s success.
    by answering a set of questions in Blackboard.
    Criteria
    you can identify and communicate the underwriting factors to others.
    you can define terms used specifically in health, disability, and long term care underwriting.

  6. Differentiate between underwriting individual and group life and health insurance.
    Assessment Strategies
    by answering a set of questions in Blackboard.
    by working collaboratively with other students to evaluate information.
    by using effective strategies to communicate the differences verbally and in writing to other students.
    by acknowledging and respecting the different opinions and ideas of others.
    Criteria
    you are able to identify some of the critical underwriting factors for health, disability and long term care insurance.
    you are able to speak clearly and accurately regarding the differences in group and individual underwriting.
    by exhibiting your knowledge by answering other students questions regarding the information presented.