Jamie Lee and Rose Lee are both 36 years old. They have been married for six years,
Question:
Jamie Lee and Rose Lee are both 36 years old. They have been married for six years, and they have ason who is 3 years old and a daughter who is almost 2 years old. Rose Lee is expecting, and the familyjust found out from their doctor that, instead of them being a family of three with the new baby, theyare now going to be a family of five because Rose is expecting triplets.
Jamie and Rose currently have Toyota Corolla, a compact car and they are planning to purchase a vanthat can convey them to everywhere they go with the new additions.
Jamie and Rose are now worried about being able to provide for the growing family: diapers, formula,college expenses times five. What if something happened to Jamie and Rose Lee? How would thesurviving parent be able to provide for such a large family?
Jamie and Rose Lee are your neighbors and they have approached you after learning that you are takingFundamental of Risk Management Course at University.
Jamie and Rose Lee got their prior auto insurance online. Among the questions Jamie and Rose Leewere asking you were:
Can an Agent sell both property and casualty insurance, and also sell individual life and health insurance products? What is this Agent called? What characteristics should Jamie and Rose Lee look for when choosing a life insurance agency?
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara