CSU BBA4226 unit VI and VII Project

Unit
VI Mini Project
Planning
For the Future
As
part of their career services department, a local career college has asked you,
a seasoned insurance agent, to put together a PowerPoint presentation for the
students. The majority of these students are single moms in their late
twenties, early thirties. The Career Services Manager wants you to emphasize
the importance of planning for the future. Your presentation should include:
·
Differentiation between term
life insurance, whole life insurance, and annuities with an explanation of the
pros and cons of all three.
·
Importance of estate planning
to everyone.
·
How taxation affects life
insurance benefits.
·
Discussion of the flexible
investment options available with variable life insurance policies, and how to
calculate the amount of life insurance needed.
·
Research on three other
points that your “students” will need to know when making decision about their
future money and insurance needs. Be thorough in your explanation about why
these points are important.
Your PowerPoint presentation
should include at least 10 slides, not including the title slide and reference
slide. Make sure to cite all sources used including your textbook. Save your
presentation as a PDF file and submit your assignment to your professor.
Unit
VII Mini Project
Planning
For the Future (Part II)
This assignment picks up from
where your assignment in Unit VI left off. Using your Unit VI assignment, add
an additional section to your PowerPoint presentation. In this new section
include:
·
The basic features of a life
insurance contract and their purpose.
·
Definitions of insured, the
owner, and the beneficiary.
·
Explanation of the insured’s
rights when ending a cash value life insurance policy.
·
Explanation of the effect of
an insured’s suicide on the insurer’s duty to pay proceeds.
·
Description of the insured’s right to borrow
a policy’s cash value.

BBA 4226,
Risk Management

3

·
The five different ways a beneficiary may
take proceeds after the insured’s death.
·
Explanation of extra-cost
options and why some are more valuable than others.
This
new section should include at least 10 more slides. Make sure to update your
reference slide to include any additional resources. Save the entire file as a
PDF and submit your assignment to your professor.