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

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Definitions:

Strategic Intent

The focus on and application of organizational energies on a unifying and compelling goal.

Unifying Target

A common goal set for a group or team to focus their efforts towards achieving together.

Stakeholders

The persons, groups, and other organizations that are directly affected by the behaviour of the organization and that hold a stake in its performance.

Strategic Accomplishments

Achievements that significantly contribute to the fulfillment of key goals or objectives within a strategic plan.