Courses of Study : Career Tech: Finance

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
1 ) Differentiate among automobile, health, life, renter, and homeowner insurance coverages and policies to determine appropriate use and advantages of each.

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
2 ) Evaluate a variety of insurance products and premiums for personal needs.

Examples: automobile, homeowner, disability, life

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
3 ) Utilize reading skills to identify main components of major insurance company policy options.

Examples: policy options—liability insurance, uninsured motorist coverage, collision coverage

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
4 ) Determine factors that affect insurance costs and premiums.

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
5 ) Analyze insurance characteristics to explain underwriting functions.

•  Processing required paperwork in insurance underwriting
•  Adding endorsements to policies
•  Adjusting insurance claims
Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
6 ) Analyze claims data for determining the percent of increase or decrease between current and past years' statistics.

Examples: teenage automobile accidents, tornado or hurricane catastrophes

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
7 ) Determine required information needed to correctly issue insurance policies and other insurance-related documents.

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
8 ) Demonstrate correct techniques for acquiring and processing information using a variety of media.

Examples: telephone, fax machine, e-mail, online resources

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
9 ) Determine procedures needed to effectively serve customers, including providing timely information and resolving conflicts.

•  Using technical skills for research
Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
10 ) Use communication skills, including listening and tactfulness, when communicating with customers and colleagues.

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
11 ) Interpret the principles of risk management as it relates to insurance, including benefits for risk reduction.

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
12 ) Determine the impact governmental insurance programs have on society.

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
13 ) Analyze types of insurance fraud to determine effects on policy holders.

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
14 ) Determine ethical issues facing the insurance industry.

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
15 ) Evaluate regulatory insurance requirements to determine compliance.

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
16 ) Explain reasons insurers cancel policies.

•  Explaining reasons policy holders cancel policies
Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
17 ) Demonstrate job-related professional behavior, including respect for the customer and the customer's property and adherence to privacy laws.

Finance (2009)
Grade(s): 9 - 12
Insurance Services
All Resources: 0
18 ) Determine career and entrepreneurial opportunities, responsibilities, and educational and credentialing requirements related to insurance services.