Unsolicited applications, whether they are for life insurance or a job, are defined as applications which are initiated by an individual and not in response to a specific job opening, or life insurance request.

When it comes to life insurance, unsolicited applications can present a risk for the insurer. This is because the insurer does not know the risk level of the applicant, so the insurer has to assume that the risk level is higher than that of a non-self-selected group. As such, some life insurers will not accept these types of applications.

Those that do accept these applications may charge higher premiums for the extra risk involved. In contrast, those applying for life insurance through an agent or broker may be assessed differently due to the agent's or broker's ability to assess and select lower risk applicants.

Unsolicited job applications may also be defined as applications which are mailed, handed out, or online communication (e.g. website, email) sent in to a prospective employer. These types of applications usually contain a resume, cover letter, exact title of the job being sought, and may even include a recommendation letter.

In today's competitive job market, employers are often minuted with a pile of unsolicited job applications that they need to sift through. As such, employers are using more and more sophisticated screening tools to assess the quality of candidates and determine if they are suitable for the vacancy.

It is important to note that while unsolicited applications can provide applicants with the opportunity to market their skills, it is not a guarantee of getting the job as employers will process the applications in a similar way to those generated from a job advert.

In conclusion, for both life insurance and job applications, unsolicited applications present certain risks and advantages for both the individual making the application and the institution processing the application. It is important to be aware of these risks and advantages when making unsolicited applications.