User Account

All Pages

When was the right time to buy the life insurance for James

Assignment Help Other Subject
Reference no: EM133539718

Question

Nadew was 28 years old when he immigrate to Canada 10 years ago with his daughter Nav, 2 years old, and his wife Helena. Almost a year after his arrival, he was invited by a friend to attend a financial literacy seminar and learned about life insurance. His friend advised him to buy life insurance for himself and his family so that he will get some protection but he was reluctant. James has now an annual income of $ 55,000 and Helena earns 30,000 annually. They have now two more children and a mortgage. However, they are now worried about their children's future education and paying off their mortgage. Finally, they decided to buy a life insurance policy

1. When was the right time to buy the life insurance for James? now or upon his arrival when his friend advised him and why?

2. What type of insurance is good for them? the term, whole life, or universal life insurance? why?

Reference no: EM133539718

Questions Cloud

Identify three to five values most important to you : Identify three to five values most important to you and explain how these values have influenced vital decisions you have made.
What biblical implications should be included or addressed : Do you think it is possible for an outsider to accurately discern about the underlying cultural values? What biblical implications should be included/addressed?
Explain how three competencies you developed : Explain how three competencies you developed throughout your MBA program facilitated your performance in the business simulation completed for Task.
Four Ps of marketing-Product-Price-Promotion and Place : The four Ps of Marketing are: Product, Price, Promotion and Place. Which of these do you believe is the most important, why do you believe that
When was the right time to buy the life insurance for James : When was the right time to buy the life insurance for James? now or upon his arrival when his friend advised him and why?
Design of layer of the decentralised applications : Bitcoin - Evaluate the purpose, structure, and design of layer 3 of the Decentralised Applications, which provides the accessibility layer
High performers and average performers : Develop a list of skills and characteristics that distinguish between high performers and average performers in a sales organization
Detailed marketing plan and marketing strategy : Competitor Analysis -Compare and contrast your product and the competitions product.
What security measures have they taken to protect company : What security measures have they taken to protect both company and customer data? Are they using enterprise management software?

Reviews

Write a Review

Other Subject Questions & Answers

  Gender difference in the diagnosis of depression

Discuss the potential factors that result in the 2:1 (female:male) gender difference in the diagnosis of depression.

  Define how you would respond to the given situation

After you have finished, consider how you would respond to the following situation: Your local hospital has received notice from CMS (Centers for Medicare).

  Instrumental and intrinsic valuation of natural environment

What is the difference between an instrumental and an intrinsic valuation of the natural environment, and how does this difference affect the practice

  In what ways does behaviorist theory support this philosophy

The scientific or positivist philosophy of education argues that knowledge can be discovered and constructed scientifically. In what ways does behaviorist theory support this philosophy

  Explain the term welfare programs

Explain the term Welfare Programs .Explain how the potential perception of dependency might contribute to the stigma surrounding welfare programs

  Essay about considering the male characters

The paper is based on short stories by author leila Aboulela which I am sure you can find online, my essay is about considering the male characters and their struggles with regard to feminism, basically looking at a males perspective.the short sto..

  How the culture might be impacting employee performance

Assess the organizational culture in which this manager works, including how the culture might be impacting employee performance in the manager's area.

  Paper and a short powerpoint containing the images

paper and a short PowerPoint containing the images on Vivian Maier. And that may be interesting about her life.

  What is the social problem the researchers are investigating

What is the social problem the researchers are investigating? What is the research method (i.e.: survey, participant observation, experiment, secondary sources) used by the researchers

  Imm index settlement prices

Mark to market a long Eurodollar futures position with June delivery at 94.75 if daily IMM Index settlement prices are

  Determine how operations and project management can support

Demonstrate an in-depth knowledge and critical appreciation of Operations and Project Management tools and techniques for various planning and decisions

  What are the benefits and drawbacks of this

Does a monopolistic competitor produce more or less output as compared to an efficient level of production

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd