Insurance case study Example | Topics and Well Written Essays - 500 words

Insurance - Case Study Exampleshows that he gets around $6875 but there be other factors that need to be taken into considerateness with regards to the actual top income he will get. This gross income is subject to tax deductibles. The other issue that the Walter should seriously take into consideration is that he is still young and his family is young too. His family history of BP prevalence makes it imperative for him to prioritize his health elevator care issues. It is then recommended that Walter should make sure that he together with his family are fully covered in terms of health policies instead of focusing on other activities that are considered luxury. It is imperative for Walter to review his monthly income and expenditure in order to be able to draw a compute that is commensurate with the disposable money available. Walter risks subject debts that may pose a burden to him if he fails to concentrate on basic things such as life and health insurances on top of other n eeds.On the other hand, it can be famous that Jessicas monthly income is little and not consistent since she survives on part time jobs. There are other issues such as tax implications that cannot be evaded so Jessica should make sure that she operates within budget in order to be in a position to meet basic needs in life. Instead of craving for fancy things which expensive at the same time, it is recommended that Jessica should at least focus on pertinent issues that will secure her life in the event of unprecedented scenarios happening. Buying an expensive car on credit does not add value to their lives. Life and health insurances are more primary(prenominal) than other luxury expenses that seem to gobble much of her income. In this case, Jessica should revise down expenses such as entertainment, clothing as well as groceries. Essentially, Jessica should prioritize life and insurance issues considering that her children are also at a lower place her custody. Indeed, she has res ponsibility for them. In order to be on the safe side given her