The _____ method is the most detailed method of determining the amount of life insurance coverage needed for an individual.
A) human life value
B) multiple-of-earnings
C) risk assessment
D) economic identification
E) needs analysis
Correct Answer:
Verified
Q29: Which of the following statements regarding risk
Q31: While using the needs analysis approach to
Q34: A life insurance policy can be structured
Q37: The preferred technique for determining how much
Q38: The underwriting function of insurance companies is
Q40: The probability of a loss occurring can
Q41: Insurance companies make profit by:
A) charging consultation
Q43: _ determines the amount of life insurance
Q49: Insurance companies use actuarial data to measure
Q59: The primary purpose of life insurance is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents