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Free_Kalibri [48]
3 years ago
13

Mary Koonce describes herself as an optimist who does not wish to dwell on the unpleasant what-ifs in life. She is urged by her

financial planner to perform a family needs analysis to insure against the risk of premature death. Mary insists this is unnecessary because she already made such an assessment ten years ago and has a life insurance policy guaranteeing a $250,000 death benefit. Mary is divorced, has two teenage sons and a seven-year-old daughter, and purchased her first home a year ago. Do you agree with Mary’s judgment regarding her needs analysis? If you were her financial advisor, what would you tell her
Social Studies
1 answer:
valkas [14]3 years ago
4 0

Answer:

I do not agree wıth Mary regardıng to her needs analysıs as a result of her situation changing when compared with her first assessment 10 years ago..When she made the first asssessme hence the lower life insurance policy but presently, she is a divorcee with 3 childrens.

As her financial advisor, I would advise her on the need to re-assess her family need analysis in order to factor in the present situation of her life into it.

Explanation:

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