FIN 420 Wk 4 Team - Life Insurance Paper

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FIN 420 Wk 4 Team - Life Insurance Paper

Work with your team on the Team Conversations page under this assignment (click person/bubble icon at upper-right of Team Assignment page) to complete this assignment. All team members must participate with the team and each post your portion on the Team Conversations page to document your participation.

Write a 1,000- to 1,700-word paper about life insurance that explains some basics to a potential purchaser.

Include the following:

1. Compare and contrast the various forms of life insurance.
2. Describe the provisions of life insurance policies.
3. Evaluate and explain the methods used to calculate life insurance needs, and
4. Explain for both of the following life situations: Would you recommend life insurance? Why or why not?
5. Divorced, 55 years old, $1.2 million assets, 2 kids in college, and no debt.
6. 24-year-old single woman, college graduate, engineer, $25,000 student loan, and $20,000 savings.
7. Make any general recommendations.

Format your paper consistent with APA guidelines. Use a separate section header for each of the 5 requirements, and sub-headers for items under each. Points are deducted for not using these headers.

Submit your Microsoft® Word document under the Assignment. Only 1 team member submit only 1 file for your team assignment.