Reference no: EM132822312

Problem 1: Advise a rich unmarried single man in his early twenties with a million dollars to spend how he should decide to allocate his money between the main investment categories?

Problem 2: How would you vary your answer if the man told you he had terminal stage four cancer and had only two years' more life maximum?

Problem 3: What makes a risk insurable?

Problem 4: In what way if at all is death an insurable risk?

Problem 5: What factors should affect how much whole life insurance you take out on your own life?