This week's content is all about life insurance, which is often referred to as a contingency planning vehicle. It can
This week's content is all about life insurance, which is often referred to as a "contingency planning" vehicle. It can be challenging to help clients see the value in life insurance, but as a financial planner your role is to address the full financial picture and to assist the client in building a plan that can feasibly be completed in a number of scenarios, which may include the death of a key player.
Put yourself in the role of a financial planner. Assume you are working with a client who seems to have a great investment portfolio, a solid income, and no major debt. How would you approach this client about life insurance? What objections might they offer? How would you respond to those objections?