Question
You are a Financial Planner. Your client Ashwin Aswani aged 37 years, married with 1 a child requires your help to make a few financial
You are a Financial Planner. Your client Ashwin Aswani aged 37 years, married with 1
a child requires your help to make a few financial decisions. (You can make any assumptions
to further build up your case.)
a. Ashwin wants to buy a Pure Risk Life Insurance cover. He is confused about whether he should
buy a ULIP or a Term Plan. Recommend the product best suited for him giving valid
reasons.
b. Ashwin wants to purchase a holiday home by liquidating his retirement savings and
taking a home loan for the next 10 to 15 years. Ashwin wants your opinion on whether this
is an appropriate strategy for a Retirement Plan.
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
Ashwins age is 37 so there is a need for a term plan while taking life insurance you must give first ...
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
