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7. The most valuable single technique in personal risk management to assist an individual in determining how much life insurance is needed is __________. (Points : 2) computing the Human Life Value using the probability of death each year, prevailing interest rates and assumed inflation rates to find the discounted present value of a future income stream assessing the family's total economic needs and subtracting financial resources available to meet those needs estimating the sum of money which, when paid in installments, will produce the same income as the person
would have earned, after deducting assumed amounts for taxes and personal maintenance expenses
s
The most valuable single technique in personal risk management to assist an individual in determining how much life insurance is needed is : resources available to meet those needs.
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Asked 3/8/2014 2:25:41 PM
Updated 3/8/2014 8:06:14 PM
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The most valuable single technique in personal risk management to assist an individual in determining how much life insurance is needed is : resources available to meet those needs.
Added 3/8/2014 8:06:14 PM
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4. The basic purpose of insurance is to __________. (Points : 2) protect your health supplement your income protect you from losses shield you from bad decisions
Question
Updated 3/8/2014 7:28:24 PM
1 Answer/Comment
The basic purpose of insurance is to protect you from losses.
Added 3/8/2014 7:28:24 PM
This answer has been confirmed as correct and helpful.
Decreasing term insurance usually has a decreasing face value and __________. a decreasing premium a level premium an increasing premium a fluctuating premium
Question|Asked by huntasdam
Updated 5/15/2018 7:43:49 AM
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Decreasing term insurance usually has a decreasing face value and a level premium.
Added 5/15/2018 7:43:49 AM
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