Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Free Preparation Discussions
MENU
AAFM Exam GLO_CWM_LVL_1 Topic 2 Question 12 Discussion
Actual exam question for
AAFM's
GLO_CWM_LVL_1 exam
Question #: 12
Topic #: 2
[All GLO_CWM_LVL_1 Questions]
Topic #: 2
Mahesh earns 1,20,000 pa. He has total debt of Rs. 2,00,000 and have two dependants. Interest rate is 7%, and assumes 80% of his pre-death salary is the estimated requirement to maintain his family after paying the loan. Calculate the life insurance cover needed under multiple approach method.
Suggested Answer:
D
Currently there are no comments in this discussion, be the first to comment!