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Alex is employed by Solar Sciences (Pty) Ltd. He is a highly qualified scientist and a key employee. The company expects to suffer a loss

Alex is employed by Solar Sciences (Pty) Ltd. He is a highly qualified scientist and a key employee. The company expects to suffer a loss of R2 000 000 in the event of Alexs death or disability. The company would like to take out key person cover on Alexs life. Sharon, Alexs sister, is the sole shareholder of the company. Calculate the required amount of life cover and disability cover required to be taken out by the company

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