Apart from comparing cover and costs, what other key factor should usually be considered if a financial adviser intends to recommend that a client cancels an existing term assurance policy and replaces it with a new one?
Answer(s): B
The primary purpose of a key person insurance policy is to provide funds on the death of the life assured directly to the deceased's:
The phase of the economic cycle when levels of employment and production are high and economy is growing, generally accompanied by high prices for goods and services is called:
The phase of the economic cycle when levels of employment and production fall and the growth of the economy slows is called:
Answer(s): C
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