Jane and Terry are aged 40. Terry is a highly paid executive earning $170,000 per year. Jane hasn’t worked since having their two children aged 11 and 9 but used to work as a kindergarten teacher. They live close to the city in a house valued at $1.5M with a mortgage of $600,000. Both children attend private schools. On Terry’s income they are able to comfortably afford living expenses, school fees and the mortgage and have accumulated $50,000 in savings.

 

What if Jane and Terry don’t have insurance?

What insurances could Jane and Terry have taken out?

Answer rating: 100% (QA)

Answer What if Jane and Terry dont have insurance Terry maintains a regular fitness routine but has an unexpected heart attack while jogging one morni... View the full answer