1. Pretend that you are a Financial Analyst.
Your client is a 50-year old single woman. Her name is Lisa Bove and she is a nurse at the Mass General Hospital and earns $115K per year. Her Financial needs are $400K and her financial assets are $185K. How much additional insurance, if any, should Lisa purchase to meet her financial goals based on the needs approach? Would you recommend Lisa to buy Life Insurance?
2. Classroom Hand-Out "Supplemental Life Insurance", "Dependent Life Insurance", "Non-Taxable Long-Term Disability Benefit".
(complete the calculation, use your own projections).
3. Please do your research about Supplemental, Dependent, Disability and Long-Term care benefits and let Lisa know why she should or not buy these insurances based on her current situation. Provide definition of these insurances and summarize your thoughts and recommendation by writing a 2-3 page Microsoft Word Paper.
