The income method of determining how much life insurance coverage you need is

Question

Quizplus · Accepted Answer

The income method is somewhat arbitrary because it only takes into account your income and doesn't consider other factors such as debts, expenses, and future financial goals. It may be a helpful starting point, but it's important to use other methods and consider all aspects of your financial situation when determining your life insurance coverage needs.

The Income Method of Determining How Much Life Insurance Coverage