Six exposures transferred, four reduced, five retained and two avoided, with a 6,400 ceiling on anything kept: a GF591 Unit 2 exposure inventory for one composite professional household. Searches like "gf 591 unit 2 assignment example", "gf591 unit 2 sample" and "gf591 unit 2 example" land here.
What a finished GF591 Unit 2 exposure inventory looks like
Five pages: a household profile, the inventory table, a deductible schedule and a page of exposures set aside. The table's columns give each exposure, its worst plausible loss, its likely frequency, the chosen treatment and the reason. Earnings head the list: 5,985,000 of her gross pay to age 65 and 2,604,000 of his to 67, against a single 5,000 monthly disability benefit she bought in residency. Liability above current auto and home limits comes next, then either death, then a total loss of the house. Four reductions follow, among them a telematics program for the 15-year-old's first year of driving and an automatic water shutoff valve. Retained items stay under 6,400, a tenth of the 64,000 cash reserve. Two exposures are avoided outright: a personal guarantee on her associate's equipment lease and nightly rental of the condo.
How a GF591 Unit 2 example is structured
Sorting runs by severity first and frequency second, the order the course asks a table to defend. A profile page fixes the facts every later unit reuses: incomes, the 412,000 mortgage, the rental condo, existing coverage and the reserve. The table follows in severity order, so the largest exposures sit at the top whatever their likelihood. Each treatment carries one sentence of reasoning tied to the household's capacity rather than to a rule of thumb. A deductible schedule then prices retention: raising collision deductibles on two cars from 500 to 2,000 saves [412] a year, and moving the home deductible from 1,000 to 5,000 saves [640], break-evens of 7.3 and 6.25 claim-free years. The final page lists exposures considered and dropped, with the reason each one was not worth insuring or controlling.
Severity before likelihood
Rows are ranked by the dollar damage each loss could do, so a rare liability judgment outranks a frequent parking-lot dent in the table's order.
Earnings as the largest asset
Combined future pay of 8,589,000 to retirement dwarfs the house, and the table shows how little of hers the old 5,000 monthly benefit protects.
A ceiling for what is kept
Any single retained loss must stay under 6,400, a tenth of the reserve, which is the test each retention in the table is shown to pass.
Deductibles priced, not guessed
Higher deductibles save 1,052 a year combined; the worst year, one auto and one home claim, retains 5,500 more, or 8.6 percent of cash.
Two exposures simply declined
Guaranteeing an associate's lease personally and renting the condo by the night are avoided, since no affordable policy answers either one cleanly.
Where marks go in GF591 Unit 2
Inventories organized by policy type rather than by exposure draw the heaviest deductions, because they begin from products the household already owns and never ask what it could not absorb. Credit gathers around a dollar severity on every row, a treatment matched to that severity, and a stated capacity for retention. Rows marked transfer with no amount beside them leave the next unit nothing to calculate. Retaining nothing is its own defect; a table that insures phones, glass and pet illness while leaving liability at 300,000 has the priorities upside down. Graders also look for exposures the profile implies but the table forgets, here the teen driver and the tenant. Deductible changes proposed without a break-even, and avoidance listed without saying what the household gives up, both read as unfinished.
Get a GF591 Unit 2 example written to your instructions
Share the household facts from your GF591 Unit 2 case, the treatment labels your course materials use, and the rubric. The inventory you receive ranks exposures by dollar severity, assigns each a treatment with a reason, sets a retention ceiling from the reserve and prices any deductible change. The first custom sample is free, back in 24-48h.
GF591 Unit 2 questions, answered
Should the four treatments be avoid, retain, reduce and transfer?
Most sections use those four, sometimes with share or loss control in place of reduce. Use the vocabulary your course materials use and define it once. The sample keeps all four because each one appears in this household: two avoided exposures, four reduced, five retained and six transferred, with the reasoning written beside every row.
How is a retention ceiling chosen?
From liquid reserves rather than from income, since a retained loss is paid in cash the month it happens. The sample uses a tenth of a 64,000 reserve. Other defensible bases include one month of essential spending or a fixed share of liquid assets; whichever you choose, name it and apply it to every retained row in the table.
Do earnings belong in an exposure inventory?
Yes, and they are frequently the largest line. A household's future pay is what death and disability put at risk, and sizing it early gives the life and disability units a figure to start from. The sample totals both spouses' remaining earnings before looking at any policy, which makes the gap in her old disability benefit plain.