In the ________ Method, Life Insurance Is Determined as a Multiple

question 22

Multiple Choice

In the ________ method, life insurance is determined as a multiple of your annual income.

• A) income
• B) asset
• C) balance sheet
• D) budget

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Definitions:

Administer

The process of giving or applying a substance or treatment to a person or an organism.

Recur

To happen again or repeatedly, often used in the context of symptoms or conditions in medicine.

Activities

Tasks, actions, or pursuits that involve physical or mental engagement, often categorized as leisure, daily living, or work-related.

Rate

A quantitative measure indicating the frequency or occurrence of an event within a given time period.