What should farid recommend to manage their financial risk

Assignment Help Finance Basics

Reference no: EM133924833

Problem

Farid, a licensed life agent, is meeting with his prospects Teymour and Houri to review their assets and prepare recommendations for their situation. Houri stays at home with their three children and Teymour works for a small consulting firm. He has a generous salary but no employee benefits. They send every dollar not needed for their own living expenses to their family in Iran and consequently have no savings or investments other than owning their home. Get the instant assignment help. What should Farid recommend to manage their financial risk?

Reference no: EM133924833

Questions Cloud

What will the insurer do in this situation : It also includes a return of premium rider on death and maturity. Sadly, Sabrina dies 28 days after her stroke. What will the insurer do in this situation?

What sum will be the basis for ryans benefit : Ryan was an executive in a marketing firm when he applied for, and received, an individual disability income. What sum will be the basis for Ryan's benefit?

Explain who should have the burden of financial loss : Explain who should have the burden of financial loss in this case and what precautions could AEG have taken to prevent some or all of losses resulting in case?

What can be said about mylenes registered investments : Mylène, age 31, has been working as a coordinator in a community organization for three years. What can be said about Mylène's registered investments?

What should farid recommend to manage their financial risk : Farid, a licensed life agent, is meeting with his prospects Teymour and Houri to review their asset. What should Farid recommend to manage their financial risk?

What would explain that debbie received : Tony, aged 54, invested $20,000 in a segregated fund contract in July of 2007. What would explain that Debbie received $30,000 instead of $27,000?

Which requirements must simon meet to complete the change : Simon prepares and has Catherine sign the proper form for this. Which requirements must Simon meet to complete the change of beneficiary?

How does a company that issues a bond decide : How does a company that issues a bond decide on the appropriate coupon rate to set? Explain the difference between the coupon rate and the required rate of retu

How does a company that issues a bond : How does a company that issues a bond decide on the appropriate coupon rate to set? Explain the difference between the coupon rate and the required rate

User Account

All Pages