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In assessing your client's life insurance need, you need to consider various factors. Which of the following questions need to be answered when assessing the
In assessing your client's life insurance need, you need to consider various factors. Which of the following questions need to be answered when assessing the life insurance need and making the life insurance buying decision? (1) What is the dollar amount of the need? (2) What is the duration of the need? (3) How much of a premium can be funded from financial resources and cash flow? (4) How creditworthy is the insurance company? (5) How does the cost of the premium compare to alternative policies? 1,2 and 5 2 and 3 3,4 and 5 1,2,3,4 and 5
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