Tax Insurance and Retirement Planning | NMIMS Assignment Help April 2023 Question
1. After COVID 19, there is an increase in the customer base of insurance buyers, being Sales Manager of Max Life Insurance you have to conduct several seminars on the purpose, needs, and benefits of Insurance using real-life examples to convert customers, also explain the different kinds of Life Insurance products available in the market.
2. Being a portfolio manager, what risk mitigation strategies you would adopt to avert the risk of securities?
3. Mr. Murli wants his daughter to go to Harvard University for an Masters in BDS, with a tuition fee of 30 lakh rupees due at the time of admission. His daughter just started graduation and will graduate in four years. Murli plans to invest in securities that provide a return of 12% per year, so he can receive 30 lakh rupees after four years. Kindly suggest what amount Murli should invest in mutual funds right now, so he should receive 30 lakh after four years.
a. What amount should Murli should invest today?
b. Suggest which type of life insurance policy should be purchased by Murli for his daughter.