Hi , could you please help me with A&B&D. thnaks Fraternity Members Contemplate

Question

Hi , could you please help me with A&B&D. thnaks

Fraternity Members Contemplate e Permanent Life Insurance Zachary Chen is a college student from Santa Ana California. Soon to graduate, Zachary was approached recently by a life insurance agent, who set up a group meeting for several members of his fraternity. During f the meeting, the agent presented six life insurance plans and was very persuasive about the benefits of a universal life insurance plan that his company calls Affordable Life II. Under the plan, the prospective graduate can buy $100,000 of permanent life insurance for a very low pre

Explanation / Answer

(a) Yes, Universal Life Insurance is a good deal for people as justified by following points:

(b) The amount of life insurance needed by the individual fraternity members can be decided based on their particular circumstances and the reasons for purchasing the policy. One approach to determine how much life insurance one should purchase is to analyze the various needs of the family in the event of the death of a family member. Life insurance may satisfy a number of these needs by providing a fund that can be used for following purposes:

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