Compare the costs and provisions of the given policies

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Reference no: EM131486505

Question: 1. Obtain premium rates for $50,000 whole life, universal life, and term life policies from local insurance agents. Compare the costs and provisions of these policies.

2. Use the "Figure It Out!" worksheet in this chapter to calculate your own life insurance needs.

3. Shaan and Anita are married and have two children, ages 4 and 7. Anita is a "nonworking" spouse who devotes all of her time to household activities. Estimate how much life insurance Shaan and Anita should carry.

Reference no: EM131486505

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