About your client

Name: Samantha Benson Age: 54 Marital status: Married 2 adult children with former spouse, 1 minor child with current spouse Health: Great health (an active tri-athlete) but a family history of heart disease Occupation: Senior Director for Lion Industries, a $3 Billion Industrial Materials Firm Income: $270,000 salary per year + bonus/stock options up to $1.5M Total assets: $2.2M (not including value of home) Total debt: $750,000 (which mostly is a mortgage on her primary residence of $600k) Dependents: Minor child is age 17 Other notes: It is important to Samantha to provide for all 3 of her children in the event of her early death. The adult children are struggling to find their way in life and Samantha feels they have not yet established a secure future for their own families. Samanthas former husband has very little assets. Her current husband is an Executive Director at a BioTech company, but he and Samantha like to keep their finance separate as they feel they have each accumulated on their own prior to their relationship

2)Samantha has a small life insurance policy through her employer that self-cancels if she leaves the company. She has never considered adding additional coverage. What type(s) might you recommend and why?