100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ISR3702 Assignment 2 Semester 2 2024 | Due September 2024 R50,00
Add to cart

Exam (elaborations)

ISR3702 Assignment 2 Semester 2 2024 | Due September 2024

 8 views  0 purchase

ISR3702 Assignment 2 Semester 2 2024 | Due September 2024. All questions answered. Question 1 Latu Life Insurance Company provides financial services in the Republic of South Africa. In January 2024 the company received the following applications: 1.1 Indicate an appropriate life policy or p...

[Show more]

Preview 2 out of 7  pages

  • September 14, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (21)
avatar-seller
Aimark94
, PLEASE USE THIS DOCUMENT AS A GUIDE TO ANSWER YOUR ASSIGNMENT

Please note that the author of this document will not responsibility for any plagiarizing you
commit.

 Question 1

1. Latu Life Insurance Company provides financial services in the Republic of South Africa. In
January 2024 the company received the following applications:




1.1. Indicate an appropriate life policy or policies for each application and substantiate your
answer.

Name Occupation Medical Net worth Depend Suggested Policy
risk condition ents
Presh (24, Construction Not stipulated. R560 000 2 A term life insurance
Female, work is policy with accidental
Construction physically death coverage would
worker) demanding be suitable given the
and has higher risk associated with
risk levels. her occupation. She
may also consider
disability insurance
due to the physical
nature of her work
and having
dependents.
Premita (36, Low-risk Not stipulated. R330 000 1 A whole life
Male, Lawyer) profession. insurance policy
would be suitable,

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 EFT, 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 this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Aimark94. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R50,00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

50843 documents were sold in the last 30 days

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

Start selling
R50,00
  • (0)
Add to cart
Added