Planit:Life Insurance Calculator Exercise
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Country Specific
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Canada English  United States of America |
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Solve for the following problem:Your clients, the Blacks, want to know the probable costs to replace 20% of Walter’s income, until Alice’s age 61, in the event of his death. When asked what lump sum costs they may expect, they identified $15,000 in funeral expenses and another $20,000 in unforeseeable costs. Walter’s Whole Life Policy is for $25,000 and Alice’s Whole Life Policy has a benefit of $10,000. Walter also has 5-Year Term Insurance has a benefit of $20,000. Solve for the following problem:Your client feels that in the event of his wife’s death he would only need to replace 40% of her income, for a period of 5 years, since they are without children. However, he felt he would have significant lump sums costs that he wanted to plan for including: $15,000 for funeral expenses, as well as moving expenses of about $50,000 since he would want to move closer to his family. How much capital does he require at an after-tax rate of return of:
Check the accuracy of your client against the answer key |
 Argentina |
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Solve for the following problem:Your clients, the Blacks, want to know the probable costs to replace 20% of Walter’s income, until Alice’s age 61, in the event of his death. When asked what lump sum costs they may expect, they identified $15,000 in funeral expenses and another $20,000 in unforeseeable costs. Walter’s Whole Life Policy is for $25,000 and Alice’s Whole Life Policy has a benefit of $10,000. Walter also has 5-Year Term Insurance has a benefit of $20,000. Solve for the following problem:Your client feels that in the event of his wife’s death he would only need to replace 40% of her income, for a period of 5 years, since they are without children. However, he felt he would have significant lump sums costs that he wanted to plan for including: $15,000 for funeral expenses, as well as moving expenses of about $50,000 since he would want to move closer to his family. How much capital does he require at an after-tax rate of return of:
Check the accuracy of your client against the answer key |
 Brazil |
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Solve for the following problem:Your clients, the Blacks, want to know the probable costs to replace 20% of Walter’s income, until Alice’s age 61, in the event of his death. When asked what lump sum costs they may expect, they identified $15,000 in funeral expenses and another $20,000 in unforeseeable costs. Walter’s Whole Life Policy is for $25,000 and Alice’s Whole Life Policy has a benefit of $10,000. Walter also has 5-Year Term Insurance has a benefit of $20,000. Solve for the following problem:Your client feels that in the event of his wife’s death he would only need to replace 40% of her income, for a period of 5 years, since they are without children. However, he felt he would have significant lump sums costs that he wanted to plan for including: $15,000 for funeral expenses, as well as moving expenses of about $50,000 since he would want to move closer to his family. How much capital does he require at an after-tax rate of return of:
Check the accuracy of your client against the answer key |
 United Kingdom |
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Solve for the following problem:Your clients, the Blacks, want to know the probable costs to replace 20% of Walter’s income, until Alice’s age 61, in the event of his death. When asked what lump sum costs they may expect, they identified £15,000 in funeral expenses and another £20,000 in unforeseeable costs. Walter’s Whole Life Policy is for £25,000 and Alice’s Whole Life Policy has a benefit of £10,000. Walter also has 5-Year Term Insurance has a benefit of £20,000. Solve for the following problem:Your client feels that in the event of his wife’s death he would only need to replace 40% of her income, for a period of 5 years, since they are without children. However, he felt he would have significant lump sums costs that he wanted to plan for including: £15,000 for funeral expenses, as well as moving expenses of about £50,000 since he would want to move closer to his family. How much capital does he require at an after-tax rate of return of:
Check the accuracy of your client against the answer key |
 Russia |
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Solve for the following problem:Your clients, the Blacks, want to know the probable costs to replace 20% of Walter’s income, until Alice’s age 61, in the event of his death. When asked what lump sum costs they may expect, they identified R15,000 in funeral expenses and another R20,000 in unforeseeable costs. Walter’s Whole Life Policy is for R25,000 and Alice’s Whole Life Policy has a benefit of R10,000. Walter also has 5-Year Term Insurance has a benefit of R20,000. Solve for the following problem:Your client feels that in the event of his wife’s death he would only need to replace 40% of her income, for a period of 5 years, since they are without children. However, he felt he would have significant lump sums costs that he wanted to plan for including: R15,000 for funeral expenses, as well as moving expenses of about R50,000 since he would want to move closer to his family. How much capital does he require at an after-tax rate of return of:
Check the accuracy of your client against the answer key |
 China |
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Solve for the following problem:Your clients, the Blacks, want to know the probable costs to replace 20% of Walter’s income, until Alice’s age 61, in the event of his death. When asked what lump sum costs they may expect, they identified ¥15,000 in funeral expenses and another ¥20,000 in unforeseeable costs. Walter’s Whole Life Policy is for ¥25,000 and Alice’s Whole Life Policy has a benefit of ¥10,000. Walter also has 5-Year Term Insurance has a benefit of ¥20,000. Solve for the following problem:Your client feels that in the event of his wife’s death he would only need to replace 40% of her income, for a period of 5 years, since they are without children. However, he felt he would have significant lump sums costs that he wanted to plan for including: ¥15,000 for funeral expenses, as well as moving expenses of about ¥50,000 since he would want to move closer to his family. How much capital does he require at an after-tax rate of return of:
Check the accuracy of your client against the answer key |
 Malaysia |
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Solve for the following problem:Your clients, the Blacks, want to know the probable costs to replace 20% of Walter’s income, until Alice’s age 61, in the event of his death. When asked what lump sum costs they may expect, they identified RM15,000 in funeral expenses and another RM20,000 in unforeseeable costs. Walter’s Whole Life Policy is for RM25,000 and Alice’s Whole Life Policy has a benefit of RM10,000. Walter also has 5-Year Term Insurance has a benefit of RM20,000. Solve for the following problem:Your client feels that in the event of his wife’s death he would only need to replace 40% of her income, for a period of 5 years, since they are without children. However, he felt he would have significant lump sums costs that he wanted to plan for including: RM15,000 for funeral expenses, as well as moving expenses of about RM50,000 since he would want to move closer to his family. How much capital does he require at an after-tax rate of return of:
Check the accuracy of your client against the answer key |
 Singapore |
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Solve for the following problem:Your clients, the Blacks, want to know the probable costs to replace 20% of Walter’s income, until Alice’s age 61, in the event of his death. When asked what lump sum costs they may expect, they identified $15,000 in funeral expenses and another $20,000 in unforeseeable costs. Walter’s Whole Life Policy is for $25,000 and Alice’s Whole Life Policy has a benefit of $10,000. Walter also has 5-Year Term Insurance has a benefit of $20,000. Solve for the following problem:Your client feels that in the event of his wife’s death he would only need to replace 40% of her income, for a period of 5 years, since they are without children. However, he felt he would have significant lump sums costs that he wanted to plan for including: $15,000 for funeral expenses, as well as moving expenses of about $50,000 since he would want to move closer to his family. How much capital does he require at an after-tax rate of return of:
Check the accuracy of your client against the answer key |
 Hong Kong |
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Solve for the following problem:Your clients, the Blacks, want to know the probable costs to replace 20% of Walter’s income, until Alice’s age 61, in the event of his death. When asked what lump sum costs they may expect, they identified $15,000 in funeral expenses and another $20,000 in unforeseeable costs. Walter’s Whole Life Policy is for $25,000 and Alice’s Whole Life Policy has a benefit of $10,000. Walter also has 5-Year Term Insurance has a benefit of $20,000. Solve for the following problem:Your client feels that in the event of his wife’s death he would only need to replace 40% of her income, for a period of 5 years, since they are without children. However, he felt he would have significant lump sums costs that he wanted to plan for including: $15,000 for funeral expenses, as well as moving expenses of about $50,000 since he would want to move closer to his family. How much capital does he require at an after-tax rate of return of:
Check the accuracy of your client against the answer key |
 India |
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Solve for the following problem:Your clients, the Blacks, want to know the probable costs to replace 20% of Walter’s income, until Alice’s age 61, in the event of his death. When asked what lump sum costs they may expect, they identified Rs15,000 in funeral expenses and another Rs20,000 in unforeseeable costs. Walter’s Whole Life Policy is for Rs25,000 and Alice’s Whole Life Policy has a benefit of Rs10,000. Walter also has 5-Year Term Insurance has a benefit of $20,000. Solve for the following problem:Your client feels that in the event of his wife’s death he would only need to replace 40% of her income, for a period of 5 years, since they are without children. However, he felt he would have significant lump sums costs that he wanted to plan for including: Rs15,000 for funeral expenses, as well as moving expenses of about Rs50,000 since he would want to move closer to his family. How much capital does he require at an after-tax rate of return of:
Check the accuracy of your client against the answer key |
Caribbean
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Jamaica 
Trinidad and Tobago 
Barbados 
Bermuda 
Bahamas 
Puerto Rico
