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9. Comparing policies Shopping for Life Insurance Sean has determined that a $100,000 universal life insurance policy would best suit his needs. he consulted with

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9. Comparing policies Shopping for Life Insurance Sean has determined that a $100,000 universal life insurance policy would best suit his needs. he consulted with one insurance broker, Tina Trustworthy, who quoted him a monthly rate of $300. he remembers learning in his personal finance course that premiums can vary considerably for similar policies, so he plans to collect quotes from other companies as well Before doing anything else, he decides to consult his aunt Isabella, an accountant specializing in estate planning, about the features of her life insurance policy. She tells Sean that she has a 10-year, $200,000, level term life policy. Which of the following are appropriate next steps for Sean? Check all that apply. Compare quotes for $100,000 universal policies online. Go with a 10-year, $200,000, level term policy instead, since, as an accountant specializing in estate planning, Isabella probably chose the best policy. Find out the monthly premium Isabella pays on her policy to compare it with the premium quoted by the broker. Find out whether Tina Trustworthy has a professional designation, such as Certified Financial Planner (CFP). 9. Comparing policies Shopping for Life Insurance Sean has determined that a $100,000 universal life insurance policy would best suit his needs. he consulted with one insurance broker, Tina Trustworthy, who quoted him a monthly rate of $300. he remembers learning in his personal finance course that premiums can vary considerably for similar policies, so he plans to collect quotes from other companies as well Before doing anything else, he decides to consult his aunt Isabella, an accountant specializing in estate planning, about the features of her life insurance policy. She tells Sean that she has a 10-year, $200,000, level term life policy. Which of the following are appropriate next steps for Sean? Check all that apply. Compare quotes for $100,000 universal policies online. Go with a 10-year, $200,000, level term policy instead, since, as an accountant specializing in estate planning, Isabella probably chose the best policy. Find out the monthly premium Isabella pays on her policy to compare it with the premium quoted by the broker. Find out whether Tina Trustworthy has a professional designation, such as Certified Financial Planner (CFP)

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