Which of the Following Methods Can Be Used to Estimate

question 74

Multiple Choice

Which of the following methods can be used to estimate your life insurance requirements?

• A)income replacement method.
• B)family need method.
• C)average income replacement method.
• D)A and B are correct.
• E)A, B and C are correct

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Definitions:

Primary Socialization

Is the process of acquiring the basic skills needed to function in society during childhood. Primary socialization usually takes place in a family.

School

An educational institution where children and young people receive formal education through a structured curriculum.

Resocialization

The process by which one's sense of social values, beliefs, and norms are re-engineered, often in a new social environment.

Hidden Curriculum

The unintended lessons, values, and perspectives that students learn in school, which are not part of the formal curriculum.