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Question 6 - Personal Insurance Recommendations Total marks-18 Chris is age 35, married with two children aged 4 and 6. He has a salary of

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Question 6 - Personal Insurance Recommendations Total marks-18 Chris is age 35, married with two children aged 4 and 6. He has a salary of $125,000 pa and his wife also works part tim earning around $400 per week. They have a mortgage of $300,000 and living costs of about $700 a week They are both graduates and hope to provide the children with a good education and tertiary opportunities if they are presented 06-a What kind of risk insurance is available to Chris to provide an income stream in the event they are unable to work for a while as a result of sickness or accident? (6 marks)

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