What need should have been identified by their advisor

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Reference no: EM133924839

Problem

Fatima and Mamadou live together with their two children. Fatima earns $100,000 a year, Mamadou earns $60,000, and they have no group insurance coverage. After income tax deductions and current expenses, there is little money left over to invest in savings. In the event of disability, they will rely on one another to maintain their family's lifestyle. Get the instant assignment help. They meet with their financial advisor to discuss their coverage needs in event of accident or illness. If Fatima or Mamadou become disabled for several months, what need should have been identified by their advisor?

Reference no: EM133924839

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