Certified Financial Planner (CFP) Practice Exam · Question
Term vs perm insurance recommendation depends on:
Suitability. The correct answer is "Needs analysis, time horizon, budget". This reflects the accepted standard for the cfp assessment and aligns with the offici
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Question: Term vs perm insurance recommendation depends on:
Answer options: ✅ Needs analysis, time horizon, budget
- Brand
- Color
- Friend
Correct answer: Needs analysis, time horizon, budget
Explanation: Suitability. The correct answer is "Needs analysis, time horizon, budget". This reflects the accepted standard for the cfp assessment and aligns with the official handbook for this competency.
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