Analyzing and evaluating a client financial status includes

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Problem 1: Life insurance companies consider the following factors when calculating the availability and cost of insurance.

a. Solvency, diversification, net worth.

b. Lifestyle, occupation, medical history or condition

c. Lifestyle, net worth, credit score

d. Credit score, medical history or condition

Problem 2: Life insurance is typically discussed early in the financial planning process because:

a. The industry has a high influence on the financial planning industry.

b. Clients must be adequately insured to assure the planner's fees can be paid should something happen to them.

c. Clients must be adequately covered to cover the fiscal and psychological costs of premature death.

d. Life insurance is consistently the asset with the highest return.

Problem 3: Analyzing and evaluating a client's financial status includes

a. Analyzing the current situation

b. Reviewing prospective planning strategies

c. Developing client-based recommendations

d. All of the above

Reference no: EM132930613

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