Question: You are a Financial Planner. Your client Ashwin Aswani aged 37 years, married with 1 a child requires your help to make a few financial

You are a Financial Planner. Your client Ashwin Aswani aged 37 years, married with 1
a child requires your help to make a few financial decisions. (You can make any assumptions
to further build up your case.)

a. Ashwin wants to buy a Pure Risk Life Insurance cover. He is confused about whether he should
buy a ULIP or a Term Plan. Recommend the product best suited for him giving valid
reasons.

b. Ashwin wants to purchase a holiday home by liquidating his retirement savings and
taking a home loan for the next 10 to 15 years. Ashwin wants your opinion on whether this
is an appropriate strategy for a Retirement Plan.

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a Choosing between a ULIP and a Term Plan When advising Ashwin on whether to choose a ULIP Unit Linked Insurance Plan or a Term Plan it is important to consider his primary goal 1 Term Plan Purpose A ... View full answer

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