1. The best method to use to determine how much life insurance to purchase is the: a. salary multiple approach. c. gut-feel approach. e. Linton Yield approach. b. human life value approach. d. needs approach. 2. Kimberly was injured in an accident. Her injuries were so severe that she had to miss work. There was a four-week time period between when her injury occurred and when payments to her through her disability income insurance began. This four-week period, which is a deductible expressed in time rather than in dollars, is called a(n): a. readjustment period. b. waiting period. e. probationary period. d. blackout period e. dependency period. 3. One section of an insurance contract summarizes the major promises of the insurer. This section can be written on an all-risk basis or a named perils basis. This section is the: e, definitions. a. declarations. b. exclusions. c. insuring agreement. d. miscellaneous provisions