1. what are the advantages and disadvantage of group insurance provided through your employer over obtaining personal insurance on your own?

2. Throughout this semester, I have often referred to three fundamental risks that all people face throughout their lives and how the class was broken into products and programs that are designed to address each risk. For each product or program listed below, name the risk or risks being addressed:

a. Life Insurance

b. Long-Term Disability Insurance

c. Annuities

d. Long-Term Care Insurance

e. 401k Plan

f. Social Security (OASDI)

3. What is the most important factor to consider when purchasing Long-Term Disability Insurance and why?

4. From the standpoint of the consumer, what is the fundamental difference between term life insurance and permanent (or whole life) insurance?

5. In deciding between contributing to a traditional IRA or a ROTH IRA, what are some of the major factors that need to be considered?