MTHEL131 Lecture Notes - Lecture 9: Scuba Diving, Parachuting, Traffic Collision
12 Apr 2016
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Document Summary
40 years ago median life expectancy is 75, and those people are sill alive. Underwriing needs to determine if this 40 year old will make it to the age 82. Causes of death that would stop person from reaching 82 could be: Quesions to ask if this person is a good risk or not: Traveling in next 12 months: underwriing tools, applicaion, examinaion, a. p. s. Person says they went to doctor for stomach issues, doctor said it was nothing. When underwriter sees this, will send leter to doctor to ask what this was. Use for hazardous sports: sky diving, scuba diving, mountain climbing, laboratory test, blood, urine, salvia, ekg, x-ray, m. i. b, expensive to do all these tests, need to do cost-beneit analysis to igure out which tests to do. Have you lived outside of canada in the last 12 months: if yes, might do tests for diseases in those areas.
