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FIN401 – Insurance and Risk Management

Overview:

Students will answer the following questions in a clear and concise manner. Remember to include the use of examples to support your response.

Instructions:

Answer the following questions:

1.     What is a package policy?

2.     Explain the advantages of a commercial package policy to a business firm as compared to the purchase of separate policies.

3.     A businessowners policy (BOP) contains a number of coverages. Explain the following:

a.


Coverage of buildings

b.     Coverage of business personal property

c.     Covered causes of loss

d.     Additional coverages provided by the BOP

4.     Define robbery, burglary, safe burglary, and theft.

Requirements:

• No more than 3 pages, typed, double-spaced with 12 inch font.

• Submit a Word document in APA format.

• At least three resources.

Be sure to read the criteria below by which your work will be evaluated before you write and again after you write.

Copyright Post University 2021, All Rights Reserved.

Evaluation Rubric for Assignment

CRITERIA

Deficient

Needs Improvement

Proficient

Exemplary

 

0 – 38 points

39 – 51 points

52 – 64 points

65 points

Content

Does not cover the assigned topic;

assertions are not supported

by evidence; paper is

seriously

lacking in

content and detail.

Does not do an adequate job of covering the

assigned topic;

assertions are weakly

supported by evidence.

Sufficient coverage of the topics; most

assertions are supported by evidence.

Provides indepth coverage of the topics,

assertions are clearly

supported by evidence.

 

0 – 5 points

6 – 7 points

8 – 9 points

10 points

Resources

No resources were used as requested

Resources were used but not reliable ones

Not enough resources were used

Proper amount of resources

were used

 

 

0 – 2 points

3 points

4 points

5 points

Paper Length

The assigned did not meet

the proper length

The assignment didn’t have enough length

The assignment

almost met the paper length

The assignment

had the proper length

 

0 – 11 points

12 – 15 points

16 – 19 points

20 points

Clear and

Professional

Writing and

APA Format

Errors impede professional

presentation;

guidelines not followed.

Significant erro rs that do not impede

professional presentation.

Few errors that do not impede professional presentation.

Writing and format are clear,

professional,

APA compliant, and error free.