8.1.3 Mick sorts out his insurance

This quiz tests your ability to apply the financial planning model to insurance.

Activity 1

Which two of the following would Mick do in Stage 1 of the financial planning model (‘assess the situation’) when sorting out his insurance?

 

Which one of the following would Mick do in Stage 2 of the financial planning model (‘decide on financial plan’) when sorting out his insurance?

 

Which two of the following would Mick do in Stage 3 of the financial planning model (‘act on financial plan’) when sorting out his insurance?

 

Which two of the following would Mick do in Stage 4 of the financial planning model (‘review the outcome’) when sorting out his insurance?