TROY UNIVERSITY MASTER SYLLABUS SORRELL COLLEGE OF BUSINESS RMI 4475 Advanced Topics in Life and Health Insurance Prerequisites RMI 3346 Vision Statement The Sorrell College of Business will be a recognized and respected leader for quality and flexibility in the delivery of business education that prepares graduates to succeed in the global business environment. Mission Statement The Sorrell College of Business supports the Troy University mission by preparing our diverse student body to become ethical professionals equipped to compete in the global business environment. To achieve this, our faculty, staff, and administration will: 1) Provide quality education in global business through our undergraduate and graduate programs, delivered around the world through face-to-face and online environments, to traditional, non-traditional, military, and international students; 2) Contribute to the development and application of knowledge focused on applied business, learning, and pedagogical research; 3) Provide service to the University, business and professional organizations, and our communities through individual involvement, business outreach, and our centers for research. Description Master Syllabi are developed by the senior faculty in each business discipline. This Master Syllabus must be used as the basis for developing the instructor syllabus for this course, which must also comply with the content specifications outlined in the Troy University Faculty Handbook. The objectives included on this Master Syllabus must be included among the objectives on the instructor’s syllabus, which may expand upon the same as the instructor sees fit. The statement of purpose seeks to position the course properly within the curriculum and should be consulted by faculty as a source of advisement guidance. Specific choice of text and other details are further subject to Program Coordinator guidance. 1 August 2005 Master Syllabus: RMI 4475 2 An extension of RMI 3346 Life and Health Insurance with additional emphasis on estate and retirement planning, taxation and regulation, contract evaluation, and financial management of life and health insurance companies. Objectives On completion of the course, the student should be able to: 1. 2. 3. 4. 5. 6. Defend your position on the advantages and disadvantages of the current health insurance system in the United States. Describe approaches by which trusts can be used to deflect or defer taxes. Analyze how cost and benefit disclosure requirements benefit the life insurance industry. Identify advantages and disadvantages of demutualization. Explain the theory behind nonmedical life insurance. Discuss the function that reserve levels have on life insurance companies. Purpose This course is designed to encourage advanced discussions surrounding the topics of life and health insurance. The course aims to promote the understanding of annuities, regulation and taxation, retirement planning and healthcare. Approved Texts Black, Kenneth and Skipper, Harold (current). Life & Health Insurance. Upper Saddle River, New Jersey. Prentice Hall. Supplements As deemed appropriate. Troy University Faculty Handbook (2010): Section 3.9.2.8 [extract] — essential elements of the syllabus (somewhat modified for space): 1. Course title 2. Course number + section 3. Term 4. Instructor 5. Prerequisites 6. Office hours 7. Class days, times 8. Classroom location 9. Office location + e-mail address 10. Office telephone 11. Course description, objectives 12. Text(s) 13. Other materials 14. Grading methods, 16. General supports criterion weights, (computer works, make-up policy, writing center) mid-term grade 17. Daily assignments, reports holidays, add/drop 15. Procedure, course & open dates, dead requirements day, final exam 18. ADA statement 19. Electronic device statement 20. Additional services, statements 21. Absence policy 22. Incomplete-work policy 23. Cheating policy 24. Specialization requirements (certification, licensure, teacher competencies)