Question: Dmitri has determined that a 1 0 - year, $ 1 5 0 , 0 0 0 level term life insurance policy would best suit
Dmitri has determined that a year, $ level term life insurance policy would best suit his needs. he consulted with one insurance broker, Hans Honestman, who quoted her a monthly rate of $ he remembers learning in his personal finance course that premiumsfor similar policies, so he plans to Before doing anything else, he decides to consult his uncle Shen, an accountant specializing in estate planning, about the features of his life insurance policy. He tells Dmitri that he has a $ whole life policy.
Which of the following are appropriate next steps for Dmitri?Check all that apply.
Find out the monthly premium Shen pays on his policy to compare it with the premium quoted by the broker.
Ask Shen if he can recommend a good agent, since accountants tend to be good sources.
Go with a $ whole policy instead, since, as an accountant specializing in estate planning, Shen probably chose the best policy.
Compare quotes for year, $ level term policies online.
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