Question
This week's content is all about life insurance, which is often referred to as a contingency planning vehicle. It can be challenging to help clients
This week's content is all about life insurance, which is often referred to as a "contingency planning" vehicle. It can be challenging to help clients see the value in life insurance, but as a financial planner your role is to address the full financial picture and to assist the client in building a plan that can feasibly be completed in a number of scenarios, which may include the death of a key player.
Put yourself in the role of a financial planner. Assume you are working with a client who seems to have a great investment portfolio, a solid income, and no major debt. How would you approach this client about life insurance? What objections might they offer? How would you respond to those objections?
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When approaching a client with a strong financial position including a great investment portfolio solid income and no major debt its important to focus on the broader financial picture and potential r...Get Instant Access to Expert-Tailored Solutions
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Modern Advanced Accounting in Canada
Authors: Hilton Murray, Herauf Darrell
8th edition
1259087557, 1057317623, 978-1259087554
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