The insurance industry rule of thumb that a typical family will need 70% of salary for seven years in order to adjust for the financial consequences of a salary earner's death is known as which of the following estimation methods?
A) nonworking spouse
B) easy method
C) DINK method
D) family need
E) soccer mom
Correct Answer:
Verified
Q75: The 2001 CSO Table separates the mortality
Q93: Most participating policies are sold by:
A)federal government
Q97: You probably have little or no need
Q99: Which of the following are common uses
Q100: Who has the greatest need for life
Q100: A two-earner couple likely will have:
A) the
Q102: The most common type of permanent life
Q103: Which statement is correct about whole life
Q106: Which type of insurance is sometimes called
Q109: Fundamentally,group insurance is _ insurance.
A)term
B)whole life
C)ordinary life
D)permanent
E)universal
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