Question: Florian, aged 32, has worked for XLT Communication for 8 years. He has been a member of XLT's group insurance plan ever since he started

Florian, aged 32, has worked for XLT Communication for 8 years. He has been a member of XLT's group insurance plan ever since he started with the company. His group life insurance covers him for twice his annual salary of $75,000. This is the only life insurance coverage Florian currently owns. As a result of his recent divorce settlement, Florian must pay his former spouse $1,000 a month in child support for the next 15 years. And although the settlement does not explicitly require him to, he wants to make sure he can leave enough money to cover those payments for the entire duration should he pass away prematurely. Florian's net assets (other than the group life insurance benefit) would be just enough, in the event of his death, to pay his debts, his tax liabilities and his final expenses.

What is the products should Florian purchase?

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