A Method of Determining How Much Life Insurance You Require

question 72

Multiple Choice

A method of determining how much life insurance you require based on funds your family would require to maintain its lifestyle after your death is called the

• A)earnings multiple approach.
• B)needs approach.
• C)cash liquidity approach.
• D)funds analysis approach.
• E)none of the above.

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Definitions:

Pampered Chef

A direct seller of high-quality kitchen tools and accessories, offering products through in-home cooking demonstrations.

Social Shopping

A method of e-commerce where users shop in a social networking-like environment, often including user recommendations, group buying, and interactive discussions.

Online Retailing

The practice of selling goods and services through the Internet, encompassing various e-commerce platforms and websites.

Aggregators

Entities that collect content, information, or services from multiple sources on the internet and compile them into a single platform for user access.