The needs approach to determining the amount of life insurance considers
A) family income.
B) paying off debts.
C) special financial needs.
D) liquidity.
E) all of these.

Question

Quizplus · Accepted Answer

The needs approach to determining the amount of life insurance considers family income, paying off debts, special financial needs, and liquidity. Therefore, all of these options are included in the needs approach.

The Needs Approach to Determining the Amount of Life Insurance