Risk Insurance Management Homework

RMI 2101 – Introduction to Risk Management Fall 2015

Guidelines for Homework 1. Homework Assignments are due no later than the beginning of class, i.e., 4:00 PM. In order

for it to be considered to be submitted ON-TIME, you have to hand a hard copy of your homework to Erika or Green as you enter the classroom. Please have your homework ready for collection as you enter the class. In order to receive credit for your homework, you will ALSO need to submit your homework to Safe Assign within 48 hours after it is due.

2. No late homework is accepted for full credit. ‘Late’ is defined as homework submitted to me

after class has started. a. Any assignment submitted once homework collection is over is considered ‘late’. b. Late homework will only be accepted up to 24 hours after it is due and must be

handed to me personally. It is your responsibility to find me. Please note that you will still need to submit late homework to Safe Assign. However, Safe Assign will close 48 hours after the due date and time. If you do not submit your homework assignment to Safe Assign before it is closed, your homework will not be graded and you will receive ZERO points for that homework.

c. The penalty for late homework will be a reduction of your score by 25% of the total points available for that particular homework. For example, if a homework assignment is worth 16 points and you turn it in late, then your actual score will be reduced by 4 points.

d. Homework will not be accepted beyond the above deadline. Please note that Safe Assign WILL BE CLOSED 48 hours after it is due.

e. I do not accept faxed, emailed, or mailed homework. I also do not accept homework placed in my mailbox or placed under my office door. Late homework must be handed directly to me. NO EXCEPTIONS.

f. Be careful!! I may not be on campus the day after homework is due or I may have to leave campus right after class. If you do not hand in homework on the day it is due at the beginning of class, you assume the risk that you may not be able to hand it directly to me and will receive a zero for the homework.

g. You always have the option to give me homework EARLY if you will not be in class the day it is due.

3. You should work independently of others in the class. No “group” solutions will be accepted.

Refer to ‘Academic Integrity’ in the syllabus. 4. Your homework assignment must have a cover page attached to it. This page should be

STAPLED to your homework. This page should contain the following information.

a. Your name b. Your Seating ID c. TU ID number d. The name of the item being submitted [e.g., Homework Assignment 1] e. The date you submitted the document.

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5. Please abide by the following guidelines when completing your Homework Assignment.

a. In the upper right-hand corner of the first page of your homework, indicate your name

(as it appears on the class roster), and your TU ID number. On all subsequent pages of the assignment, put your TU ID number OR your name in the upper right hand corner.

b. All homework must be stapled together. If it is not stapled, it will not be accepted. 6. Some Homework Assignments involve numerical calculations. In these cases, you must show

all of your work in answering numerical problems. Final answers must be marked, e.g., boxed, circled, or underlined. If you fail to show the intermediate steps in the calculation of your answers, then the problem is considered incorrect. If you fail to show your work I cannot give you any credit for your answer. No handwritten homework will be accepted.

7. Some Homework Assignments do not involve numerical calculations (e.g., Homework Assignment 1). In these cases, you should answer the questions based on the template below. Please note that each question should be typed and then your answer should appear below the question. You should use DOUBLE SPACES for your answer. No handwritten homework will be accepted. TEMPLATE EXAMPLE

1. The new study found that when the driver texted, their collision risk was 23 times greater than when not texting.

a. What is the peril involved in this study? Explain carefully. (2 points)

Your answer should be here.

b. What is a hazard? Explain carefully exactly why it is a hazard. (2 points)

Your answer should be here.

c. What if a driver texts more while driving because they have auto insurance. What type of hazard would be represented by this behavior? Explain carefully. (2 points)

Your answer should be here.