Unit VII Mini Project Planning For the Future (Part II) This assignment picks up from where your assignment in Unit VI left off. Using your Unit VI

Unit VII Mini Project

Planning For the Future (Part II)

This assignment picks up from where your assignment in Unit VI left off. Using your Unit VI assignment, add an additional section to your PowerPoint presentation. In this new section, include:

 the basic features of a life insurance contract and their purpose,

 definitions of insured, the owner, and the beneficiary,

 explanation of the insured’s rights when ending a cash value life insurance policy,

 explanation of the effect of an insured’s suicide on the insurer’s duty to pay proceeds,

 description of the insured’s right to borrow a policy’s cash value,

 the five different ways a beneficiary may take proceeds after the insured’s death, and

 Explanation of extra-cost options and why some are more valuable than others.

This new section should include at least 10 more slides. Make sure to update your reference slide to include any additional resources. Save the entire file as a PDF and submit your assignment to your professor.

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