Pricey insurance.5 Mark, an insurance salesman, is concerned about the product he sells most. It is a

“whole” life policy that provides death benefits, retirement savings, and a fund that can be accessed in an emergency. The problem is that it is not a good deal for the young families who buy it from him. They would do better to buy a “term” life insurance policy, which provides only a death benefit, and use the savings to buy an annuity. On the other hand, term insurance and annuities are much less profitable for the company, and the sales commission is therefore much less.Mark’s commission on a whole life policy is 110% of the first year’s premium.Mark can support his family only by selling a substantial number of these policies. Is Mark living up to professional and other ethical obligations?