Write and submit a minimum of 500 words report based on the topic given below:

From your own experience, explain each scenario if these risk events occur.

Situation 1: Death of client

i)Financial consequences

i)Planning measures a client should take a

iii)Suitable options available to client

Situation 2: Critical illness effecting the client

i)Financial consequences

ii)Planning measures a client should take a

iii)Suitable options available to client

Situation 3: Retirement

i)Financial consequences

ii)Planning measures a client should take a

iii)Suitable options available to client