Allan Schultz is a recent university graduate and has just landed his first job. You have been referred to Allan and your interview with him provides the following profile:

· He is a motivated focused professional

· Will in all probability marry and begin a family within 5 years

· Entrepreneurial and wants to be in business for himself

· Not risk averse with respect to investments

He asks you to recommend a life insurance policy that meets his current needs and provides the flexibility he requires for the future. You propose:

Select one:

a. Term to 100 with WP and GIB

b. Non-Par WL insurance with WP and GIB

c. Universal Life, affordably overfunded, level Death Benefit, with WP and GIB

d. Renewable and Convertible Term Insurance

Answer rating: 100% (QA)

ANSWER CUniversal Life affordably overfunded level Death Benefit wi... View the full answer