Discussion:
Section 1
Explain in your own words the difference between survivor income benefits insurance and group term insurance. How is group ordinary insurance and group universal life insurance used?
Section 2
Describe the factors that should be considered when underwriting employee group insurance. Why are these factors important?
Section 3
This week we explored several benefits that can be offered by an employer. In your opinion, which is the most important to offer? Why? Would you answer differently if you looked at it from solely the employer's persepective?
Section 4
In today's workplace, employees are from three different generations; Baby Boomers, Generation X, and Millennials. All three generations have strengths and weaknesses. How would you form a team to take advantage of the differences in these generations?
Section 5
What are the benefits and the cost of using a passive approach or an active approach when conducting economic policy? Please be sure to state both the benefits and the costs for both approaches.