The Multiple-Of-Earnings Approach Addresses Only the ____ Needs in Life

question 152

Multiple Choice

The multiple-of-earnings approach addresses only the ____ needs in life insurance needs evaluation.

• A)final-expense
• B)readjustment-period
• C)debt-repayment
• D)income-replacement

---

Definitions:

Charismatic Leaders

Leaders who possess a magnetic personality and charm, inspiring devotion and enthusiasm in others.

Referent Power

is a type of influence based on the attractiveness and charisma of the leader, which inspires loyalty, admiration, and emulation.

Magnetic Personality

describes a person's charismatic and compelling presence that attracts others.

Referent Power

A form of influence based on the leader's personal characteristics, where followers identify with and want to emulate the leader.