What Revenue or Expense Amounts Are Necessary to Make a Sell-Or-Process-Further

question 27

Essay

What revenue or expense amounts are necessary to make a sell-or-process-further decision and why? What items are irrelevant to the decision and why?

Apply specific methods for calculating life insurance needs based on family and financial situations.

Assess the relevance of health conditions and employment stability on insurance planning.

Understand the concept of policy dividends and the characteristics of participating and non-participating policies.

Recognize the importance of policy features such as cash value, term and conditions for renewal or conversion.