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Drop down options: 1. can vart considerably, are relatively consistent 2. collect quotes from other companies as well, purchase the policy after verifying the brokers
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Ch 08: Assignment -Insuring Your Life Back to Assim Attempts: Average: 2 9. Comparing policies Shopping for Life Insurance Stasia has determined that a $200,000 whole life insurance policy would best suither needs. She consulted with one insurance broker, Tina Trustworthy, who quoted her a monthly rate of $300. She remembers learning in her personal finance course that premiums for similar policies, so she plans to Before doing anything else, she decides to consult her unde Patrick, an accountant specializing in estate planning, about the features of his life insurance policy. He tells Stasia that he has a 10 year, $100,000, level term life policy. Which of the following are appropriate next steps for Stasia? Check all that apply. Assume that a licensed broker will serve a dient's best interests. Research the ratings of different insurance companies, as awarded by private agencies such as Weiss Find out the monthly premium Patrick pays on his 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 (CFPA). - Grade it Now Save & Continue Continue without saving 1. can vart considerably, are relatively consistent
2. collect quotes from other companies as well, purchase the policy after verifying the brokers credentials
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