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Which of the Following Statements About the Needs Approach for Estimating

question 48

Multiple Choice

Which of the following statements about the needs approach for estimating the amount of life insurance to purchase is (are) true?
I.It involves an analysis of various family needs which must be met if a family breadwinner dies.
II.Its use is appropriate only if a person currently has no life insurance protection.


Definitions:

Monophyletic

Pertaining to a group of organisms that consists of all the descendants of a common ancestor.

Polyphyletic

A term describing a group of organisms that are classified together but do not share a recent common ancestor.

Homoplastic

Exhibiting similarity in appearance due to convergent evolution rather than ancestry.

R. H. Whittaker

An American ecologist famous for proposing the five kingdom classification of organisms in 1969.

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