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Your client, Quyen, is 25 years old, single and a non-smoker. She has just received a quote from an insurance company for $1 million in

Your client, Quyen, is 25 years old, single and a non-smoker. She has just received a quote from an insurance company for $1 million in term life insurance. The annual premium would be $1,345. Discuss the advantages and disadvantages of taking out $1 million in life insurance.

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Taking out 1 million in life insurance can have both advantages and disadvantages Lets discuss them below Advantages 1 Financial Protection for Dependents Life insurance provides a financial safety ne... blur-text-image

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