Introduction to Actuarial Practice
MTHEL 131
精算代写 This semester, MTHEL 131 is being delivered virtually. Visit LEARN to access Video Lectures. Visit LEARN regularly to view important…
Lectures:
This semester, MTHEL 131 is being delivered virtually. Visit LEARN to access Video Lectures. Visit LEARN regularly to view important “Announcements” advertising “Live” Q&A ZOOM sessions to be hosted periodically by the Instructor. Visit Piazza (also found on LEARN) to post any course questions, or to engage with classmates in course discussions.
Course Description: 精算代写
This introductory course will explore the life and health insurance industry in Canada. Emphasis will be on life and health insurance products, pricing and valuation. Risk management techniques as they pertain to both individuals and insurers will be covered.
Course Objectives:
To describe the contribution life and health insurers make to society.
To explain how individual life and health insurance products are designed and priced. To provide students with an understanding of how individuals and insurers can effectively manage risk.
Textbook and Available exclusively through the following link. Students are strongly
Resource Material encouraged to acquire this material as soon as possible to keep pace with course material https://secure3.advocis.ca/hllqp/reg.aspx?comp=UOW
Teaching Methods: 精算代写
A combination of video lectures, readings, cases and interactive discussion.
Course Notes:
To be compiled by students during video lectures and from textbook readings.
Prerequisites: 精算代写
There are no course prerequisites, other than an enthusiasm on the part of the student to learn about Canada’s Life and Health Insurance industry.
Teaching / Learning: Video lectures will provide the fundamentals of the course. Reading of the associated text chapters and completing the online resources (i.e. self-assessment questions) will provide additional pertinent additional insights into the subject material.
Evaluation: Student Survey 2%
Weekly Quizzes** (10 @ 2% ) (Note 1) 20%
Writing Assignment Initial Draft (Note 2) 10%
Mid Term Exam 1 (Week 7) (Note 1) 24%
Writing Assignment Final Draft (Note 2) 20%
Mid Term Exam 2 (Week 12) (Note 1) 24%
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Total 100%
** Weekly Quizzes will be held Fridays on LEARN with an access window from 8:00am to 10:00pm 精算代写
Note 1: All Weekly Quizzes, MidTerm 1 and MidTerm 2 are ‘closed book’ evaluations. At no time during these evaluations are students permitted to access any hard copy or online resources, nor are students allowed to communicate with any other individual in any way during an evaluation. Failure to comply with these expectations and rules is a violation of Academic Integrity and will be strictly dealt with under Policy 71 – Student Discipline.
Note 2: As with any professional writing assignment, it is critical that this project represent your own work with no collaboration from anyone else. To confirm your compliance with expectations, plagiarism detection software (Turnitin) will be used to screen both assignment submissions in this course. This is being done to verify that use of all materials and sources in assignments is documented. For an alternative to Turnitin, see page 4 of this Course Outline for the ‘extensive annotated bibliography’ option.
| Week | Chapter / Topic / Quiz |
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1 Sept 8-10 |
Chapter 1 Life Insurance Text – Introduction to Life Insurance
Video Lecture 1 Introduction to Life Insurance (15 minutes) Video Lecture 2 How Much Life Insurance? (24 minutes) Chapter 2 Life Insurance Text – Term Life Insurance Video Lecture 3: Term Insurance (24 minutes) Weekly Quiz: None this week |
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2 Sept 13-17 |
Chapter 3 Life Insurance Text – Whole Life 精算代写
Video Lecture 4 Whole Life Insurance Introduction (23 minutes) Video Lecture 5 Whole Life: A Closer Look (21 minutes) Video Lecture 6 Advantages of Whole Life Insurance (29 minutes) Video Lecture 7 Participating Policies (21 minutes) Weekly Quiz: None this week Lecture Slides: Writing Assignment – Initial Draft (Posted on LEARN)
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3 Sept 20-24 |
Chapter 4 Life Insurance Text – T-100 and Universal Life InsuranceVideo Lecture 8 T-100 and Universal Life Part 1 (20 minutes) Video Lecture 9 Universal Life Part 2 (27 minutes) Weekly Quiz 1 (Note 1)- Introduction to Life Insurance Weekly Quiz 2 – Term Life Insurance
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4 Sept 25-01 |
Chapter 5 Life Insurance Text – Riders and Supplementary Benefits
Video Lecture 10 Riders and Supplementary Benefits (39 minutes) Weekly Quiz 3 – Whole Life Insurance Weekly Quiz 4 – Universal Life Insurance Video Lecture Financial Independence 1 of 3 (Optional: 15 minutes) Video Lecture Financial Independence 2 of 3 (Optional: 17 minutes) Video Lecture Financial Independence 3 of 3 (Optional: 15 minutes)
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5 Oct 4-8 |
Chapter 6 Life Insurance Text – Group Life Insurance
Video Lecture 11 Group Life Insurance Part 1 (17 minutes) Video Lecture 12 Group Life Insurance Part 2 (25 minutes) Weekly Quiz 5 – Riders and Supplementary Benefits Weekly Quiz 6 – Group Life Insurance Initial Draft of Writing Assignment Due Friday October 8th at 11:59 pm (via Dropbox) |
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Oct 11-15
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***************** Reading Week ********************
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6 Oct 18-22 |
Chapter 8 Life Insurance Text – Business Life Insurance 精算代写Video Lecture 13 Business Life Insurance Part 1: Buy-Sell Agreements Video Lecture 14 Business Life Insurance Part 2: Key Person Insurance Chapter 9 Life Insurance Text – Application and Underwriting Video Lecture 15 Underwriting Part 1: The Role of Underwriting Video Lecture 16 Underwriting Part 2: Mistake on the Application Video Lecture 17 Underwriting Part 3: Responsibilities of all Parties Video Lecture 18 Reinsurance Video Lecture 19 Assuris Chapter 11 Recommending an Insurance Policy (ONLY 11.5.4 Beneficiaries: Primary and Contingent, Revocable or Irrevocable and Probate Implications. Video Lecture 38 Beneficiaries, Reinstatement and Needs Analysis Weekly Quiz 7 – Application and Underwriting
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7 Oct 25-29 |
Mid-Term Exam 1 – Wednesday October 27 with an access window from 8:00am to 10:00pm. Multiple Choice format to be delivered on LEARN.
Graded Writing Assignments returned via Dropbox on Friday October 29th Lecture Slides: Writing Assignment – Final Version (Posted on LEARN)
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8 Nov 01—05 |
Chapter 1 A&S Text – Financial Protection Provided by A&S Insurance
Video Lecture 20 A&S Part 1 Types of Individual Disability Policies & Occupational Classes Chapter 2 A&S Text – Insurance to Protect Income (Disability Insurance) Video Lecture 21 A&S Part 2 Tailoring your Coverage and Definitions of Disability Video Lecture 22 A&S Part 3 Recurring Disability and DI Riders Video Lecture 23 A&S Part 4 Residual DI Benefits and Other forms of Disability Protection Weekly Quiz 8 – Insurance to Protect Income (Disability Insurance)
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9 Nov 08-12 |
Chapter 3 A&S Text – Insurance to Protect Assets (Critical Illness Insurance) 精算代写Video Lecture 24 Critical Illness Insurance Weekly Quiz 9 – Critical Illness Insurance Final Version of Writing Assignment Due November 12th at 11:59pm (via Dropbox)
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10 Nov 15-19 |
Chapter 3 A&S Text – Insurance to Protect Assets (Long Term Care Insurance)
Video Lecture 25 Long Term Care Insurance Weekly Quiz 10 – Long Term Care Insurance
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11 Nov 22-26 |
Chapter 5 A&S Text – Insurance to Protect Businesses (Key Person, BOE, B/S)
Grades for Writing Assignment Posted on Friday March 2nd Weekly Quiz: None this week |
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12 Nov 29-03 |
Mid-Term Exam 2 – Wednesday December 1st with an access window from 8:00am to 10:00pm. Multiple Choice format to be delivered on LEARN.
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**** Please note this schedule is subject to change ****
General Rules:
Students with Disabilities: AccessAbility Services, in Needles Hall, Room 1401, collaborates with all academic departments to arrange appropriate accommodations for students with disabilities without compromising the academic integrity of the curriculum. If you require academic accommodations to lessen the impact of your disability, please register with AccessAbility Services at the beginning of each term.
Grievance: 精算代写
A student who believes that a decision affecting some aspect of his/her university life has been unfair or unreasonable may have grounds for initiating a grievance. Read Policy 70 – Student Petitions and grievances, Section 4, http://www.adm.uwaterloo.ca/infosec/Policies/policy70.htm
Discipline:
A student is expected to know what constitutes academic integrity, to avoid committing academic offenses, and to take responsibility for his/her actions. A student who is unsure whether an action constitutes an offense, or who needs help in learning how to avoid offenses (e.g., plagiarism, cheating) or about “rules” for group work/collaboration should seek guidance from the course professor, academic advisor, or the Undergraduate Associate Dean. When misconduct has been found to have occurred, disciplinary penalties will be imposed under Policy 71 — Student Discipline. For information on categories of offenses and types of penalties, students should refer to: Policy 71 – Student Discipline, http://www.adm.uwaterloo.ca/infosec/Policies/policy71.htm
Avoiding Academic Offenses:
Most students are unaware of the line between acceptable and unacceptable academic behaviour, especially when discussing assignments with classmates and using the work of other students. For information on commonly misunderstood academic offenses and how to avoid them, students should refer to the Faculty of Mathematics Cheating and Student Academic Discipline Policy,
http://www.math.uwaterloo.ca/navigation/Current/cheating_policy.shtml
Appeals: 精算代写
A student may appeal the finding and/or penalty in a decision made under Policy 70 – Student Petitions and Grievances (other than regarding a petition) or Policy 71 – Student Discipline if a ground for an appeal can be established. Read Policy 72 – Student Appeals, http://www.adm.uwaterloo.ca/infosec/Policies/policy72.htm
Writing Project – Alternative to Turnitin:
The alternative to Turnitin is an extensive annotated bibliography, which includes a minimum five-sentence summary of each of the works consulted during the development of the project. Also, the extensive annotated bibliography must be submitted two weeks prior to the deadline for the first draft of the assignment.
** Please be sure to advise the course Writing Assignment Coordinator by Class 2 if you want to undertake this additional, voluntary portion of the writing project.
