OMPREHENSIVE CASE STUDY ASSIGNMENT INSTRUCTIONS OVERVIEW For this assignment, you will put yourself in the role of a Financial Planner and address some of the topics we have discussed thus far in the course with your fictional client. INSTRUCTIONS Review the client scenario below and respond to each topical area (Parts 1-5) for which a question is presented. Please ensure that your final paper meets a 1,000 word-count minimum, is presented double-spaced and in 12pt font, and follows APA formatting. Include at least 2 citations from the Dalton et al. text. Note that there is no answer key to this assignment, and that the true test is your ability to apply the readings to a real-life scenario. 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 curent 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. Part 1 Health Insurance Samantha qualifies for group coverage through her employer. If she leaves to accept an offer at a competing firm, but chooses to take 6 months of in the interim, what are her options to bridge the gap in coverage? Part 2 Life Isurance 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? Part 3 Property & Casualty Insurance BUSI 421 Page 2 of 2 Samantha has her home and auto coverage through Acme Insurance, a company she went with because of a referral from a co-worker. As you review Samanthas home and auto coverage, what might you be looking for to ensure she has adequate coverage? Part 4 Annuities Samantha recently received a performance based cash bonus of $500,000 and wishes to put this money aside for his retirement. Could an annuity be appropriate for Samantha? If so, what type and why? Part 5 Comprehensive Consider other financial planning topics you may have been exposed to in your coursework thus far, such as Investment Planning, or Estate Planning. Identify any other concepts that you may wish to cover with Samantha as it relates to the given information.