Question 4011 of 287 · Texas Life, Accident and Health Agent Exam
The human life value approach to determining life insurance needs is based on
Exactly one answer is correct.
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Correct answer to question 4011
- A: the present value of the insured's future earnings available to the family
Explanation
This method estimates the income the family would lose. The needs approach, in contrast, adds specific obligations and goals.
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