Specifically, the following critical elements must be addressed:
I. Principles of Risk and General Contract Provisions: In this section, you will analyze the clients’ principles of risk and general contract provisions and
make insurance recommendations based on your analysis. To effectively address the critical elements in this section, you must use the client information
in the first scenario.
A. Identify risks to the clients for which they should have insurance coverage by analyzing the clients’ information. Support your identification with
relevant client information.
B. Based on your identified risks, recommend general contract provisions the clients should include in their auto and home insurance policies.
C. Determine considerations the clients should make when selecting an insurance company with which they will work. Support your discussion
with relevant principles of risk.
II. Personal Liability Insurance: In this section, you will review the clients’ auto and homeowners insurance and recommend any necessary changes. You
must consider the effects that certain purchases may have on the clients’ insurance coverage. To effectively address the critical elements in this section,
you must use the client information in the first scenario.
A. Determine the clients’ auto insurance needs by analyzing the clients’ information. Support your determination with relevant client information.
B. Discuss the ability of the clients’ current auto coverage to meet their insurance needs, and make recommendations to improve coverage where
necessary. Support your response with relevant client information.
C. Determine the clients’ homeowners insurance needs by analyzing the clients’ information. Support your determination with relevant client
information.
D. Discuss the ability of the clients’ current homeowners policy to meet their insurance needs, and make recommendations to improve coverage
where necessary. Support your response with relevant client information.
E. Describe the impact the purchase of a trampoline and a dog would have on the clients’ homeowners insurance, and make appropriate
recommendations for additional riders the clients should consider.
III. Life Insurance Policy: In this section, you will analyze the clients’ life insurance policies and needs and make appropriate recommendations by utilizing
tools, such as the needs analysis model. To effectively address the critical elements in this section, you must use the client information in the first
scenario.
A. Conduct a life insurance needs analysis for the clients using an appropriate needs analysis model. Determine the clients’ life insurance needs
using the needs analysis model.
B. Discuss the ability of the clients’ current life insurance policies to meet their coverage needs. Support your discussion with relevant client
information.
C. Recommend appropriate changes for the clients regarding their life insurance based on your needs analysis. Support your recommendations
with specific examples.
Rubric
Guidelines for Submission: Your draft should adhere to the following formatting requirements: 3–4 pages, double-spaced, using 12-point Times New Roman
font, one-inch margins, and be in APA format.