The Most Valuable Single Technique in Determining How Much Life

question 88

Multiple Choice

The most valuable single technique in determining how much life insurance is needed is:

• A)Computing the Human Life Value.
• B)Using the probability of death each year, prevailing interest rates, and assumed inflation rates to find the discounted present value of a future income stream.
• C)Assessing the family's total economic needs and subtracting financial resources available to meet those needs.
• D)Estimating the sum of money which, when paid in installments, will produce the same income as the person would have earned, after deducting assumed amounts for taxes and personal maintenance expenses.
• E)Using a multiple of earnings adjusted for occupation.

---

Definitions:

Ineffective Breathing Pattern

A respiratory condition marked by the inability to breathe in an optimal or efficient manner, potentially leading to insufficient oxygenation or removal of carbon dioxide from the body.

Spinal Surgery

Surgical procedure(s) aimed at correcting or stabilizing the spine to relieve pain or address spinal disorders.

Supine Position

Lying on the back with the face upwards, a position used in various medical examinations and interventions.

Neuromuscular Impairment

A condition affecting the nerves and muscles, leading to diminished strength, control, and function.