100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ISR3702 Semester 2 Assignment 2 2024 $2.71   Add to cart

Exam (elaborations)

ISR3702 Semester 2 Assignment 2 2024

 19 views  0 purchase
  • Course
  • Institution

ISR3702 Assignment 2 (COMPLETE QUESTIONS & ANSWERS) Semester 2 2024 - DUE 17 September 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... Question 1 (46 marks) Latu Life Insurance Compan...

[Show more]

Preview 2 out of 16  pages

  • September 12, 2024
  • 16
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
avatar-seller
ISR3702
ASSIGNMENT 2 SEMESTER 2 2024
UNIQUE NO.
DUE DATE: 17 SEPTEMBER 2024

, ISR3702

Assignment 2 Semester 2 2024

Unique Number:

Due Date: 17 September 2024

Life Insurance

Question 1
1.1 Appropriate Life Policy for Each Application

To determine the most suitable life insurance policy for each individual, we need to
consider factors such as age, occupation, medical condition, net worth, and number of
dependants.

1. Presh (24, Female, Construction Worker)

Policy: Term Life Insurance.

Reason: As a young individual with a physically demanding job (construction
worker) and two dependents, a term life policy would provide cost-effective
coverage for a specific period, protecting her dependents in case of an early
death. Since her net worth is relatively low, term life would be affordable and
suit her needs.

2. Premita (36, Male, Lawyer)

Policy: Whole Life Insurance.

Reason: As a professional with stable income and one dependent, a whole
life insurance policy would be ideal for Premita. It offers lifelong coverage and
builds cash value over time, which could also serve as a financial asset.
Given his profession and financial stability, this policy is appropriate.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller LIBRARYpro. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.71. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

62890 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.71
  • (0)
  Add to cart