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Nature Of The Organization : Case Study Essay

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Nature of the Organization
The organization I will be completing a needs assessment on is OneMain Financial. OneMain is a for profit consumer finance company that is currently owned by Citigroup but is currently awaiting Federal approval to be sold to Springleaf Financial Services. The setting for the assessment will be six branches within District 01020402, or the Hart District as I will be referring to going forward. The branches are all in Kentucky, located in Bardstown, Elizabethtown, Shelbyville and three branches in Louisville. The assessment will specifically be on Coverages Per Loan (CPL). There are four coverages that make up CPL and its potential sales capacity. There is Involuntary Unemployment Protection (IUI), Disability Protection (AHL), Life Protection (Life) and Home and Auto Security Plan (H&A). Each plan has an eligibility guideline. For IUI you have to have worked the last 12 consecutive months at least 30 hours a week, be unemployed for 30 consecutive days and have to be eligible for state unemployment benefits. For AHL you have to be off of work 14 consecutive days and under a doctor’s care. There is a heath question for loans over five thousand dollars for specific heath treatments in the last five years and a 12 month pre-existing caveat for loans under five thousand dollars. The life protection is very similar to the AHL as far as heath questions are concerned and it will not pay if someone were to take their own life. H&A has 64 benefits and many of

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