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subject : insurance John is an employee with a modest income, but he has just signed a contract for a 7-year project that would pay
subject : insurance John is an employee with a modest income, but he has just signed a contract for a 7-year project that would pay a very high salary. After the contract ends, John will return to his modest income. He wishes to purchase a life insurance policy that provides him protection for the rest of his life. He also wants this policy to include an element of saving. Which type of insurance would you recommend? Select one: a. - Joint life insurance b. - Ordinary whole life insurance c. - Limited payment life insurance d. - Term insurance
John is an employee with a modest income, but he has just signed a contract for a 7-year project that would pay a very high salary. After the contract ends, John will return to his modest income. He wishes to purchase a life insurance policy that provides him protection for the rest of his life. He also wants this policy to include an element of saving. Which type of insurance would you recommend?
Select one:
a. - Joint life insurance
b. - Ordinary whole life insurance
c.
- Limited payment life insurance
d. - Term insurance
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