Which of the following methods can be used to estimate your life insurance requirements?

Question

Quizplus · Accepted Answer

Both the income replacement method and the family need method are reliable ways to estimate life insurance requirements. The average income replacement method may not be as accurate as it doesn't take into account specific individual needs, but it can still be a useful starting point for estimating coverage. Therefore, choices D (A and B are correct) is the best choice.

Which of the Following Methods Can Be Used to Estimate