AAFM GLO_CWM_LVL_1 Question Answer
Sachin aged 35 years is married and is working as a manager in M/s Birla Mill Ltd. His most likely retirement age is 60 years. His present salary is Rs. 3,00,000/- pa. His self-maintenance expenses are 30,000/- per year. Life insurance premium paid is 15,000/-. Income tax & professional tax amount to Rs. 20000/-. Rate of interest assumed for capitalization of future income is 8%. Calculate Sachin’s HLV to recommend adequate insurance cover
AAFM GLO_CWM_LVL_1 Summary
- Vendor: AAFM
- Product: GLO_CWM_LVL_1
- Update on: Jul 29, 2025
- Questions: 1057
