Finance

[Name of the Institute]

Finance

Question # 1

For every comprehensive plan the life insurance is one the major component. Protection of the current assets of the clients and his/her life style is one of the major concerns. According to the identification of the client the life insurance planning goals of Bedo are as follows

The life insurance policy goals of Bedo are the health insurance policy that is being provided to the whole family. In this policy there is no cost of hospitalization in private and semi private rooms and these services can be availed at any time when necessary. The real life time ceiling for the services per the family member was two million though the passage of the Patient Protection and Affordable Care Acr limits have been removed. There is also having the facility of eye care and dental expenses i.e.$50, and these have not been funded in previous years because this opportunity was not related with the uncertainty and are related to the “use it or loss it” rule.

Bedo has been provided with different life insurance policies with four groups of the life insurance companies such as in case of the disability, the clients would be paid with number of benefits. The client have been provided with the $ 100000 is 1 and 4 with the salary that is being provided in case of death however the client is also provided with the $ 8750 or $ 8350 with a premium amount of the $92 and $ 80 respectively. The other goals like retirement and the investment planning are also being provided which includes the benefits of the lower level of risk that is being provided to the client. The client Tyler and Mia can improve the current rate return without having taking the excessive risk however the client Mia can ...