Solution-What do you recommend as it pertains to life

What do you recommend as it pertains to life insurance

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Reference no: EM13721426

You are a life and health insurance agent for the following client:

married, both 42 years old, three children (ages 14, 12, and 7);
wife works full-time earning $77,000 per year;
own $235,000 home (17 years left on a 30-year mortgage at 5.15%);
family health insurance (HMO) with 90% paid by employer ($15,000 employer premium), but can select a fully employer-paid HDHP PPO
plan ($2,500 annual family deductible; employer-provided HSA of $1,800);
2x earnings group term life insurance for wife;
$72,000 in 401(k).
No estate planning done.

What do you recommend as it pertains to life insurance, health insurance, retirement planning, and estate planning? Be specific and provide explanations for decisions. Provide real-life examples and explanations for your recommendations.

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Reference no: EM13721426

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What do you recommend as it pertains to life insurance

Reference no: EM13721426

Reference no: EM13721426

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