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Short answer 1.List 2 factors that would influence the amount of life insurance an individual would require and EXPLAIN how or why each factor would

Short answer

1.List 2 factors that would influence the amount of life insurance an individual would require and EXPLAIN how or why each factor would influence the amouht of insurance needed (Hint: Insurance Needs Analysis)

2.Todd is a heart surgeon. He is looking at purchasing some individual disability insurance. He can't decide between any occupation coverage and own occupation coverage. Briefly explain the features of each type of disability insurance and, assuming cost is not an issue, suggest which is likely most appropriate and why.

3.There are different types of permanent insurance available in the market place for clients. A popular product is universal life insurance. Identify the features of a universal life policy by comparing it to a whole life policy with an equivalent face value.

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