Margaret has come to you to get advice about the level of life cover she needs....

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Margaret has come to you to get advice about the level of life cover she needs. She is single, and her current annual income is $100,000. She is 40 years old. The current interest rate is 1.5% per annum. Calculate the appropriate level of cover. Problem 7 Lisa had a heart attack two years ago. Her family has a history of heart disease and she is concerned to provide for her teenage children should she die prematurely. Lisa is also a smoker and a heavy drinker. Discuss with Lisa the issues she may face in obtaining life insurance. Margaret has come to you to get advice about the level of life cover she needs. She is single, and her current annual income is $100,000. She is 40 years old. The current interest rate is 1.5% per annum. Calculate the appropriate level of cover. Problem 7 Lisa had a heart attack two years ago. Her family has a history of heart disease and she is concerned to provide for her teenage children should she die prematurely. Lisa is also a smoker and a heavy drinker. Discuss with Lisa the issues she may face in obtaining life insurance.

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