In the Recommendations Section of Your Plan, You Have Included

question 2

Essay

In the Recommendations section of your plan, you have included the following: (a) universal life insurance for $400,000; (b) a $4,000 disability income policy which will cost $4,500 per year; (c) liquidation of $600,000 of individual stocks currently owned by the client; and (d) purchase of a $500,000 single premium deferred annuity. You are a fee and commission-type planner and have offered to implement these recommendations yourself, if the client so desires. The client fails to take any action. How do you handle this situation?

---

Definitions:

Vitamins

Organic compounds essential to human health that must be obtained from the diet because they are not synthesized by the body in sufficient amounts.

Regulating Chemicals

Substances used to control or adjust processes in the body or in industrial practices.

Growth

The process of increasing in physical size, complexity, or capability, often through cell multiplication in biological contexts.

Proteins

Large, complex molecules essential for the structure, function, and regulation of the body’s tissues and organs.