Chapter 10Financial Planning Exercise 4Need for renter's insurance

Jane and Leo Daniels, both graduate students, moved into an apartment near the university. Jane wants to buy renter's insurance, but Leo thinks that they don't need it because their furniture isn't worth much. Jane points out that, among other things, they have some expensive computer and stereo equipment. To help the Daniels resolve their dilemma, suggest a plan for deciding how much insurance to buy and give them some ideas for finding a policy.

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