7. Comparing policies Shopping for Life Insurance Hubert has determined that a 10-year, $150,000 level term life insurance policy would best suit his needs, he consulted with one insurance broker, Tom Trustworthy, who quoted her a monthly rate of $300. he remembers learning in his personal finance course that premiums for similar policies, so he plans to Before doing anything else, he decides to consult his uncle Jon, a banker in a trust department, about the features of his life insurance policy. He tells Hubert that he has a $100,000 whole life policy. Which of the following are appropriate next steps for Hubert? Check all that apply. Assume that a licensed broker will serve a client's best interests Find out the monthly premium Jon pays on his policy to compare it with the premium quoted by the broker. Find out whether Tom Trustworthy has a professional designation, such as Chartered Life Underwriter (CLU). Research the ratings of different Insurance companies, as awarded by private agencies such as Moody's Grade It Now Save & Continue 7. Comparing policies Shopping for Life Insurance Hubert has determined that a 10-year, $150,000 level term life insurance policy would best suit his needs, he consulted with one insurance broker, Tom Trustworthy, who quoted her a monthly rate of $300. he remembers learning in his personal finance course that premiums for similar policies, so he plans to Before doing anything else, he decides to consult his uncle Jon, a banker in a trust department, about the features of his life insurance policy. He tells Hubert that he has a $100,000 whole life policy. Which of the following are appropriate next steps for Hubert? Check all that apply. Assume that a licensed broker will serve a client's best interests Find out the monthly premium Jon pays on his policy to compare it with the premium quoted by the broker. Find out whether Tom Trustworthy has a professional designation, such as Chartered Life Underwriter (CLU). Research the ratings of different Insurance companies, as awarded by private agencies such as Moody's Grade It Now Save & Continue