Reference no: EM132928921

Problem 1: The three values of loss that a planner and their client should evaluate are:

a. Maximum possible loss, typical loss and maximum probable loss

b. Maximum possible loss, typical loss and minimum likely loss

c. Maximum possible loss, historic loss and maximum probable loss

d. Maximum possible loss, loss history and minimum probable loss.

Problem 2: A personal property endorsement increases coverage on:

a. Land

b. Automobiles

c. A specific asset class

d. A specific asset class or on a blanket basis

Problem 3: Effective presentation of a financial plan requires attention to

a. The financial assumptions

b. The planner's learning style

c. The client's learning style

d. Internet links throughout the plan