FIN401 – Insurance and Risk Management Unit 5 Assignment – Chart Your Policy
Unit 5 Points: 100
Overview: You are the marketing manager of a small Life Insurance company in Waterbury, Connecticut called “iNsure Life Insurance Co.” The company specifically targets college students and young adults. You are tasked with creating a small brochure, no more than 2 pages, outlining the life insurance products that the company sells. Instructions: Create a small brochure that outlines the differences between a term life policy and a whole-life policy. The brochure should include, at a minimum, the following:
1. The standard policy periods that are applicable for each type of policy.
2. Premium determination (e.g., will the premium be leveled or variable). Remember, if the premium payment is variable, you are required to inform the Insured that their premiums may be higher closer to the end of the policy term.
3. Pros and Cons of each policy type.
You can use bullet points to highlight the differences between each policy type. Make sure you review the helpful resource in this unit’s resource section on “Designing a Brochure.” Requirements: Maximum of 2 pages. At least 3 reliable resources, including your textbook, and these need to be cited at the end of the brochure in APA format. Be sure to read the criteria below by which your work will be evaluated before you write and again after you write.
FIN401 – Insurance and Risk Management Unit 5 Assignment – Chart Your Policy