Question

Maurice, your cousin, has gone to work at Midwest Mutual, a huge whole life insurance corporation. When you come home from school, he’s sitting across from your parents and smiling. They’re about to buy a joint whole life policy that will pay $100,000 if your dad dies and will build savings as they pay the premiums. You want to stop him, but he’s “family,” so you can’t insult him. You decide to ask him questions that will reveal what a bad idea the policy is. What questions will you ask him, and why?

Answer 1

You could ask him, do we really want to give our hopes to my dad dying? What if he lives longer than us?

You could ask him that because that is a great reason to reconsider, other than it could possibly be stolen, we don't know when he is going to pass away, we might pass away before him, which means the deal would be thrown away because we're dead, and our father is still living!

Hope this helps! Aye sir!

Answer 2

You could ask him what would happen if the money got stolen, or what would happen if the insurance got hacked.