All of the Following Are Limitations of the Budget Method

question 5

Multiple Choice

All of the following are limitations of the budget method of estimating life insurance needs, except

• A) it does not consider your family circumstances.
• B) inflation may cause you to underestimate your needs.
• C) someone in your household could experience an unanticipated illness.
• D) your income may not rise over time as expected.

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Definitions:

Capillaries

Small blood vessels that facilitate the exchange of water, oxygen, carbon dioxide, and many other nutrients and waste substances between blood and surrounding tissues.

Splenic Vein

A blood vessel that drains blood from the spleen, pancreatic veins, and the short gastric veins, and empties into the portal vein.

Hepatic Portal Vein

The hepatic portal vein is a blood vessel that carries nutrient-rich blood from the gastrointestinal tract and spleen to the liver for filtering and processing.

Superior Mesenteric Vein

A major vein draining blood from the small intestine, ascending colon, and part of the transverse colon.