LG2, 3, . se and 7. He currentl divorce settl Adam Modine, 43, is a recently divorced father of two children, ages 9 y earns $95,000 a year as an operations manager for a utility company.The ement requires him to pay $1,500 a month in child support and $400 a month in alimony to his ex-wife, who currentl Adam is in savings and retirement benefits. His employer pr Adam's ex-wife is currently the beneficiary listed on the policy. What advice would you give to Adam? What factors should he consider in deciding whether to buy additional life insur- ance at this point in his life? If he does need additional life insurance, what type of policy or policies should he buy? Use Worksheet 8.1 to help answer these questions for Adam y earns $25,000 annually as a preschool teacher now renting an apartment, and the divorce settlement left him with about $100,000 ovides a $75,000 life insurance policy. LG2, 3, . se and 7. He currentl divorce settl Adam Modine, 43, is a recently divorced father of two children, ages 9 y earns $95,000 a year as an operations manager for a utility company.The ement requires him to pay $1,500 a month in child support and $400 a month in alimony to his ex-wife, who currentl Adam is in savings and retirement benefits. His employer pr Adam's ex-wife is currently the beneficiary listed on the policy. What advice would you give to Adam? What factors should he consider in deciding whether to buy additional life insur- ance at this point in his life? If he does need additional life insurance, what type of policy or policies should he buy? Use Worksheet 8.1 to help answer these questions for Adam y earns $25,000 annually as a preschool teacher now renting an apartment, and the divorce settlement left him with about $100,000 ovides a $75,000 life insurance policy