IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 14 Topic 2 Discussion

IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 14 Topic 2 Discussion

LLQP Exam Topic 2 Question 14 Discussion:
Question #: 14
Topic #: 2

(Priscilla is worried about losing her job in six months. She invests $1,000 per month in segregated equity funds but has limited cash savings.

What should her insurance agent, Arthur, advise?)


A.

She should stop buying the segregated funds only if she loses her job.


B.

She should stop buying the segregated funds now and build an emergency fund.


C.

She should sell her segregated funds immediately to provide an emergency fund.


D.

She should leverage her segregated funds immediately to provide cash for an emergency fund.


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