The Income Method, Used to Calculate Your Life Insurance Coverage

question 157

Multiple Choice

The income method, used to calculate your life insurance coverage, multiplies your current annual income by

• A)your expenses per month.
• B)your number of dependants.
• C)some arbitrary number, such as 10.
• D)your life expectancy.

---

Definitions:

Subordinate

Lower in rank or position, often referring to an individual who is under the authority or control of another within an organizational or hierarchical structure.

Complex

A psychological term referring to a related group of emotionally significant ideas that cause distress or disturbance.

Classical View

In philosophy, the perspective that holds certain concepts or categories as absolute and universally applicable, often in contrast to more relativistic or subjective views.

Prototype Theory

A model of categorization in cognitive science where some concepts or category members are viewed as more representative of that category than others, based on an average of characteristics within that category.