Using the budget method of determining life insurance needs, a family's future expected expenses are considered.

Name: Using the budget method of determining life insurance needs, a family's future expected expenses are considered.
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The budget method of determining life insurance needs involves calculating the future expected expenses of a family to determine the amount of life insurance coverage needed to ensure financial security in the event of the policyholder's death.

Using the Budget Method of Determining Life Insurance Needs, a Family's